Fitch Ratings has reaffirmed South Africa’s outlook as stable with a BBB- rating. This comes after Standard & Poor (S&P) decided not to downgrade South Africa to junk status. According to Fitch, the ‘BBB-’ rating reflects low trend GDP...
While the number of clean audits has increased slightly, this only brings the figure up to 28%. Moreover, irregular expenditure totalled R25.7 billion. Were it not for the slow response in addressing audit recommendations aimed at improving...
The R573 Moloto “road of death” will undergo a major upgrade from August 2016. The major upgrade programme which will cover the entire stretch of the R573 over the next five to ten-year period. This work will be completed in stages with the most...
The Southern African Development Community (SADC) has established a team to coordinate a regional response to the impacts of the El-Niño phenomenon on livelihoods in close collaboration with member states. The SADC region is experiencing a...
National satisfaction with water-related services has decreased since 2005 despite the fact that access to water has increased. According to the recently released General Household Survey 2015, 62% of households rated the quality of water-related...
FAW Vehicle Manufacturers South Africa has delivered 20 J6 truck tractors to Universal Trans-Logistics LDA (UTL) in Mozambique. The deal is worth an estimated R20 million. “UTL based out of Beira, Mozambique, is convinced of this strategic...
Kate Stubbs, executive of marketing and communication at Barloworld Logistics, presented the findings of the company’s recently concluded supplychainforesight survey for 2016 in Johannesburg last week. Addressing attendees on the findings she...
South Africa has avoided a downgrade to junk status, but global ratings agency Standard & Poor (S&P) has maintained that outlook remains negative on weak growth. “The outlook remains negative, reflecting the potential adverse consequences...
Political, economic, financial and regulatory factors are playing an ever-increasing role in today’s international trade. The South African Association of Freight Forwarders (SAAFF) will be highlighting these aspects with a high-powered line-up of...
