A view of the container vessel “A.P. Moller” as the global container shipping Maersk, one of the world’s biggest container shipping groups, said on Friday it has temporarily suspended two services linking the Middle East to Asia and Europe as the Iran conflict continues to disrupt global supply chains. The Danish group said in a statement…
FILE PHOTO: A view of a drone during a military exercise in an undisclosed location in Iran, in this handout image obtained on August 24, 2022. Ukrainian manufacturers of cheap interceptor drones designed to knock out Russian drones say they have the capacity to export in large volumes, amid enquiries from the United States and…
Gwede Mantashe speaking at the 11th edition of the Africa Gas Forum in Cape Town. Minister of Mineral and Petroleum Resources Gwede Mantashe says the desire for resources is at the heart of most conflicts around the world. He was speaking at the 11th edition of the Africa Gas Forum in Cape Town. The conference…
VW vehicles at a workshop Volkswagen South Africa (VWSA) will recall over 25 000 VW Polo vehicles sold between February 2025 and February this year. The National Consumer Commission (NCC) has confirmed that the recall is to correct the handbrake fittings. The NCC says the handbrake may pose a safety risk, particularly when the vehicle…
Container ships wait to load and offload goods in port during a 21-day nationwide lockdown aimed at limiting the spread of coronavirus disease (COVID-19) in Cape Town, South Africa, April 17, 2020. The Standard Bank Africa Trade Barometer shows improved trade within the continent. That’s despite the continent’s trade deficit of about 39 billion US…
Iraq oilfield Foreign staff were evacuated from Iraq’s giant Rumaila oilfield, run by British energy major BP after two unidentified drones landed inside the field on Thursday, three Iraqi oil industry sources told Reuters. “We are taking all necessary steps to support our partners and ensure the safety of our people,” a BP spokesperson told…
The Gauteng Provincial Government is ramping up its efforts to attract multi-billion rand investments as it positions the province as Africa’s premier investment hub. The province’s Growth and Development Agency (GGDA) has partnered with the South African Chamber of Commerce and Industry (SACCI) to host a strategic value proposition event in Johannesburg. This is ahead…
[FILE IMAGE] Executive for Cargo and Agrizone at the Dube Trade Port Shipments ranging from fresh produce to aeroplane parts are in limbo as an escalating Middle East conflict reduces the world’s air cargo capacity by more than one-fifth and pushes up freight rates, with executives bracing for backlogs of goods. The US and Israeli…
As the 2026 academic year kicks off, students at the University of Johannesburg and the University of the Witwatersrand are sounding the alarm over a worsening accommodation crisis that threatens not only their academic success, but also their safety and overall well‑being. Across South Africa, the demand for student housing continues to far outstrip supply….
Brent crude barrel The ongoing conflict in the Middle East continues to stoke uncertainty in global financial markets, as investors weigh the risk of supply disruptions. The price of Brent Crude Oil jumped close to 84 dollars per barrel, marking its highest-level since July 2024. The US and Israel’s collaborative attack on Iran, which resulted…
