Twin truck crashes paralyse key N3 freight route

Stock image of an accident scene. Two major multi-vehicle crashes brought traffic to a standstill on the N3 Toll Route on Wednesday night. The first, a pileup involving four trucks, forced the complete closure of Van Reenen Pass near Windy Corner, a critical freight artery between Gauteng and Durban. Hours later, a second crash blocked…

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Nedbank slashes its 2025 GDP forecast from 1.5% to 1%

Nedbank has revised its growth outlook for 2025 to 1%, down from its earlier, more optimistic outlook of a 1.5% increase in GDP.  This came out of a discussion with the bank’s Chief Executive, Jason Quinn, who was answering questions on the company’s interim results released on Tuesday. For the six months ended June 2025,…

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