Progress Made at Port of Durban

Progress Made at Port of Durban

The biggest carrier of South Africa’s imports and exports, Danish-owned shipping giant Maersk, has confirmed last week’s industry report by Transnet Port Terminals (TPT) that last year’s congestion at the Port of Durban has been substantially alleviated....
Inflation slows to 13-month low

Inflation slows to 13-month low

Headline consumer inflation cooled for a second consecutive month in May to 6,3% from 6,8% in April, Statistics South Africa has reported. May’s reading is the lowest since April 2022 when the rate was 5,9%. The month-on-month change in the consumer price index...