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Higher revenue collections support consolidation as growth headwinds strengthen To download a copy of the Minister’s BTBPS speech, click here.

Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget. However, slowing global and domestic growth together with ongoing power cuts pose a risk to the fiscal outlook, as does the prospect of a higher-than-budgeted public-service wage settlement.

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Inaugural South Africa Auto Week highlights sector’s significance on continent  

African Continental Free Trade Area (AfCFTA) secretary-general Wamkele Mene has stated the automobile sector is at the heart of Africa’s industrialisation and can play an essential part in the worldwide electric lorry (EV) worth chain once the trade program is enacted. Since October, 44 of the 54 signatories, or 81.5%, to the AfCFTA have transferred their instruments of ratification. Only one African Union member nation, Eritrea, has actually not signed the agreement.

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IATA airline safety conference focusing on safety leadership and safety audits

The International Air Transport Association (IATA)– the global representative body for the airline company industry– opened its 2022 Safety Conference on Tuesday. The conference is being kept in Dubai in the United Arab Emirates, and Emirates is the host airline company. 2 of the leading items on the agenda are the Safety Leadership Charter and the evolution of the IATA Operational Safety Audit (IOSA). The Safety Leadership Charter has been established by IATA in assessment with its member airlines, as well as the larger aviation community. It is planned to assist aviation executives to establish positive safety cultures, strengthening safety performance and functional durability within their organisations.

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Transnet to hold off on loco procurement following in-principle agreements with CRRC E-Loco and …

Transnet Freight Rail (TFR) CEO Sizakele Mzimela reports that the group’s plan to procure new locomotives will be put on hold in light of the recent in principle agreements reached between Transnet and two original equipment manufacturers with which it has been in legal dispute – CRRC E-Loco, of China, and Alstom, which recently acquired Bombardier Transportation (BT). Speaking during a briefing held to outline the progress TFR was making to recover from a recent strike, Mzimela reported that the agreements were likely to result in TFR securing both much-needed spares, the absence of which had left 311 locomotives standing idle, as well as the outstanding locomotives procured in 2015 under the so-called 10-64 contract, which was the subject of intense State-capture scrutiny during the Zondo Commission.

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RSR reports an increase in operational safety-related incidents for the year

The Railway Safety Regulator (RSR) has actually revealed a 6% decline in security-related incidents but a 2% increase in functional safety-related incidents on South Africa’s railways over the last year. In the RSR’s ‘State of Safety Report’ for the 2021/22 financial year, released on October 25, the regulator noted that these statistics were tape-recorded throughout a period of considerably lower rail usage.

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Miners’ losses mount as ports strike drags on in South Africa

A strike at South Africa’s port and rail operator Transnet that’s cost bulk mineral exporters as much as R9.8-billion continued for a twelfth day, with the business and labour unions having a hard time settle on wage boosts. The walkout by employees that started October 6 expense carriers of iron-ore, coal, chrome, ferrochrome and manganese about R815-million a day because they’re unable to rail and load the exports onto ships, according to the Minerals Council South Africa.

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Transnet ready for cruise season passengers

State-owned Transnet National Ports Authority (TNPA) states it is prepared to invite thousands of worldwide travelers to South Africa’s coasts through the country’s commercial and seaports, as the 2022/23 cruise season kicks-off. About 239 cruise liner call-ins are expected from October to April.

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Southern African airlines suffering still from Covid and still needing support

Although the Covid-19 pandemic had actually now passed, the Southern African airline company industry was still suffering from its repercussions, Airlines Association of Southern Africa (AASA) CEO Aaron Munetsi has actually cautioned. He was resolving AASA’s fifty-second Annual General Assembly, at Kleinmond, south east of Cape Town, on Friday.” [W] e are still experiencing our own long-Covid signs,” he highlighted. “Most airline companies and company handled additional debt to stay afloat. The majority of, if not all of them …

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Satawu calls Transnet’s wage deal with UNTU a ‘betrayal’ of workers, vows to continue strike

The South African Transport and Allied Workers Union (Satawu) has vowed to continue striking at Transnet, calling the entity’s three-year wage deal with the United National Transport Union (UNTU) a "betrayal" of workers. On Monday afternoon, Transnet announced that it had reached a three-year deal with UNTU, the largest union at the bargaining table under the auspices of the Commission for Conciliation, Mediation, and Arbitration (CCMA).

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Court orders govt to draft action plan to stop attacks on long-distance bus company Intercape

A judgment handed down by the Makhanda High Court on October 7 found that Transport Minister Fikile Mbalula and his Eastern Cape counterpart have failed to fulfil their legal obligation with regard to stopping the attacks on long-distance coach company Intercape. Intercape turned to the courts after it “repeatedly requested” government to intervene and stop the ongoing attacks on the bus service by taxi associations.

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Transnet lifts force majeure for some terminals, but not its container terminals

State-owned Transnet Port Terminals (TPT) has raised the force majeure stated in the vehicle, multi-purpose and bulk terminals with immediate effect, however the force majeure will stay in place for container terminals up until October 31 owing to stockpiles. Owing to the level of the stockpiles in the container terminals, and the resultant impact to operations, the force majeure stated for the container terminals will stay in location, it stated on October 21.

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Sustained scientific involvement required to preserve roads, expert says

Building roads to withstand climate change was an essential topic at the seventh South African Roads Federation (SARF) Regional Conference for Africa on October 18, with ecological researcher and consultant Mervin Olivier warning of the threat of not involving ecological experts right at the beginning of infrastructure advancement. Addressing the event of road experts and decision-makers from throughout the world and the continent, in Cape Town, Olivier was adamant that sustainability was crucial at all phases of a project, not simply when an environmental-impact assessment was needed or when building and construction was under way.

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