R6bn development plans for Durban airport site

R6bn development plans for Durban airport site

Durban – The fate of Virginia Airport could well be sealed with the eThekwini Municipality confirming long-standing suspicions that the prime real estate would be destined for housing development. In a statement issued by the City of Durban on Wednesday, they...
South African exports drop.

South African exports drop.

Owing to a decline in coal and iron-ore exports and an increase in oil imports, South Africa saw its trade deficit widen during August. According to business publication, Bloomberg, exports declined by 5.9% to R87.6 billion, led by a 20% drop in shipments of minerals...
Increased duties on wheat imports

Increased duties on wheat imports

National Treasury has approved increased duties on wheat imports to protect local producers after United States prices of the grain dropped to the lowest in more than five years this month. The tariff increased by 78% to R911.20 a metric tonne – the highest since the...
SA Scores low in supply chain visibility

SA Scores low in supply chain visibility

Only a small minority of South African businesses can fully account for where their products and services have come from and go to, according to the Chartered Institute of Procurement & Supply (CIPS). In a new survey of 645 supply chain managers world-wide, 65% of...