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Barloworld will consider logistics exit should unit not meet September targets

20th November 2017 Barloworld may exit its logistics business should it not reach certain milestones by September next year, says CEO Dominic Sewela. Barloworld Logistics is currently the focus of a turnaround strategy under new divisional CEO, Kamogelo Mmutlana, who took control of the business in March. 

How Blockchain Technology Can Transform Global Supply Chains & Logistics

17th July 2017 By Kamogelo Mmutlana, CEO, Barloworld Logistics As part of our 2017 supplychainforesight study, we are actively exploring and identifying the key technology trends that are shaping global supply chains. By understanding major trends, as well as their inherent risks and opportunities, leaders and... 

Musina intermodal terminal expected to improve cross-border trade

7th July 2017 The Musina Intermodal Terminal (MIT), launched in June, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 

Musina Intermodal Terminal to improve cross-border trade

26th June 2017 The Musina Intermodal Terminal (MIT), launched on Monday, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 
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Fitch keeps South Africa's credit ratings unchanged at BB+, stable outlook

Ratings firm Fitch kept both South Africa's local and foreign currency credit ratings unchanged at BB+, one notch below investment grade, with a stable outlook, the agency said on Thursday. In April, Fitch downgraded South Africa's credit rating to sub-investment grade after Prsident Jacob Zuma... 

Fitch is giving South Africa a chance to address issues – National Treasury

Fitch ratings agency’s decision on Thursday, to maintain South Africa’s long-term foreign and local currency debt rating at BB+ has given the country a chance to address issues in a manner that will see an upward revision in its ratings, National Treasury said. It said the reprieve could not see... 
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