Latest News for: Durban business

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High Court dismisses application by Tongaat Hulett, BRPs to challenge miller financial obligations

Independent online (SA) 01 Dec 2023
SA Canegrowers welcomes the order issued on Wednesday in the High Court of South Africa, Durban Local Division dismissing with costs the application by Tongaat Hulett and the Business Rescue Practitioners to challenge the financial obligations on the miller in terms of the Sugar Act and the Sugar Industry Agreement ... BUSINESS REPORT .
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SAMSA’s 25 Year Anniversary: Section Three

Mail Guardian South Africa 01 Dec 2023
Durban, Richards Bay, Pretoria21st Floor, Durban Bay House ... As could be expected, busy times between the region’s coastal area and the inland area differ markedly, with the ports in both Durban and Richards working round the clock throughout the year, while the inland waterways areas only ever get really busy in the autumn season.
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Durban beaches ready for festive season, says Kaunda

Mail Guardian South Africa 30 Nov 2023
Kaunda, speaking at the launch on Durban beachfront, said the city is “open for business”, its beach waters are safe and swimming pools open and that it has procured an additional 62 Metropolitan Police vehicles that will patrol the city to keep tourists and locals safe during the holidays. “eThekwini is open for business.
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News24 | Riyadh Adams' alleged killers gunned down in shootout with police

News24 30 Nov 2023
Two suspects linked to the murder of a police officer and business robberies at Durban's The Pavilion shopping centre have been shot dead ... .
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Hume warns consumers will struggle to get certain goods due Durban port chaos

Independent online (SA) 29 Nov 2023
“We have heard forecasts that it could take up to three months to clear vessels that are currently anchored at the Port of Durban,” Thomas said ... Speaking to Business Report yesterday, XA Global Trade Advisors CEO Donald McKay said he had a number of clients who had goods stuck on vessels outside the Port of Durban ... BUSINESS REPORT .
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Cabinet is discussing ‘urgent’ rail and port crisis

Independent online (SA) 29 Nov 2023
President Cyril Ramaphosa’s spokesperson Vincent Magwenya has confirmed that Cabinet is discussing the crisis in the ports and rail as Transnet buckles under pressures, with thousands of containers stuck at sea off the ports of Cape Town, Richards Bay and Durban ... Ramaphosa was working closely with business to ramp up growth in the economy.
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Be like the Chinese; stop bad-mouthing your country, says Ramaphosa

Business Day 28 Nov 2023
Everyone must be a messenger — we must be like China,” he said after meeting with various communities, ranging from religious and LGBTQ+ groups to small businesses, in Durban at the weekend ... .
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Logistics crisis at Durban Port has knock-on effect in Nelson Mandela Bay

Independent online (SA) 27 Nov 2023
The Nelson Mandela Bay Business Chamber has warned that the logistics crisis at Durban Port was having a knock-on effect and impacting upon the sustainability of imports and exports in Gqeberha ... The Nelson Mandela Bay Business Chamber, which has around 700 member businesses, on ...
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'Disastrous' gridlock hits S. Africa's busiest port

Daily Times Chronicle 27 Nov 2023
More than 60,000 containers are stuck at sea waiting to be offloaded at South Africa's biggest port amid gridlock blamed on bad weather and equipment failures that is damaging the poor economy, according to business and political groups ... But the DA and business groups said the crisis has been long in the making.�.
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Ramaphosa vows to crush construction mafia in KZN

Mail Guardian South Africa 27 Nov 2023
Addressing members of the Black Business Federation (BBF) during an ANC stakeholders engagement event in Durban on Saturday evening, Ramaphosa said while the government welcomed the fact that some of the members of the business forums were now using legitimate channels to access ...
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Eskom, Transnet crisis damaging economy

Independent online (SA) 27 Nov 2023
Durban is the main artery of our economy and we need to ensure that it works perfectly.”. He said that he had listened to concerns by business and many other civil society organisations to fix the ports to prevent the collapse of the economy ... His speech in Durban comes after his ...
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Maersk deals with ports crisis through transhipment to avoid bottlenecks in the Cape

Independent online (SA) 24 Nov 2023
Citadel Global director and treasury partner Bianca Botes said the crisis at the Port of Durban port significantly heightened the challenges for importing and exporting businesses ... “Given the evolving situation, businesses should enhance their contingency plans ... BUSINESS REPORT .
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Urgent action needed as port congestion causes billions in losses, business sector warns

Independent online (SA) 23 Nov 2023
This sentiment was expressed by the business sector as it contemplated the path ahead ... Palesa Phili, the CEO of the Durban Chamber of Commerce and Industry NPC, said, "As organised business, we have closely monitored the situation ... This is unacceptable, businesses must bear the brunt of these delays.“ ... BUSINESS REPORT .
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No quick fix for Durban Port congestion

Independent online (SA) 21 Nov 2023
Transnet has warned that it would take until around February or March 2024 to clear the backlog affecting the docking and offloading of container vessels that are clogged up at its Port of Durban as a short-term intervention ... of Durban and offload the containers ... BUSINESS REPORT .
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Transnet kicks congestion can down the road

Independent online (SA) 21 Nov 2023
This has raised the ire of business, including the South African Association of Ship Operators and Agents (Saasoa), which said some containers had been delayed by weeks in some ports because of the equipment failures ... a plan to turn around the business and ensure ... BUSINESS REPORT .
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