While the 2025 World Bank Container Port Performance Index (CPPI) has placed the Port of Cape Town at the bottom of the global rankings, Exporters Western Cape says the report does not present the complete picture of current port performance. Chairperson Terry Gale said there was no denying that Cape […]
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TotalEnergies has signed agreements to acquire a 42.5% operating interest in the PEL 104 exploration license, located offshore Namibia, from Eight Offshore Investments Holdings and Maravilla Oil & Gas. Upon completion of the transaction, TotalEnergies will become the operator of the license, holding a 42.5% interest alongside Petrobras (42.5%), Namcor (10%), […]
South Africa’s manufacturing sector has slipped back into contractionary territory, with the seasonally adjusted Absa Purchasing Managers’ Index (PMI) dipping by 1.6 points to 49.2 in October. The drop in the index from 50.8 in September marks a swift reversal after just one month of signalling growth, highlighting the fragility […]
SKF, a global leader in bearing technology and manufacturing, is pleased to announce a new strategic partnership with Duracar, an innovative company specializing in light electric vehicles (LEVs). This collaboration marks a significant step forward in both companies’ commitment to sustainability and the advancement of environmentally friendly transportation solutions. Under […]