A transaction said to be netting Maersk $987.3 million will see the Danish line part with its box manufacturing subsidiary after China International Marine Containers (CIMC) succeeded in a lock-stock-and-barrel purchase of Maersk Container Industry (MCI). The deal is...
South Africa’s transport sector grew 6.9% in the year’s second quarter (Q2), becoming the biggest sector to add to the 1.2% economic expansion announced earlier this morning by Statistics South Africa (Stats SA). The mining sector, buoyed by burgeoning demand for raw...
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