Tag: #SouthAfrica
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MIDEAST WAR SHOCKWAVES: GLOBAL ECONOMIC RECOVERY UNDER THREAT – SACCI WARNS
Rising conflict in the Middle East is rattling global markets and casting doubt on economic recovery plans worldwide. The South African Chamber of Commerce and Industry has warned that ongoing conflict in the Middle East is worsening instability in global financial markets and threatening economic recovery prospects in South Africa and beyond. In a statement,…
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STORM SINKS NIGERIAN TUGBOAT OFF SOUTH AFRICA, 1 DEAD, 5 MISSING
A routine return voyage turned tragic after a violent storm swallowed a Nigerian-owned tugboat off South Africa’s coast. The vessel, identified as LEO, was heading back to Lagos with 18 people onboard when it ran into turbulent weather about 18 nautical miles offshore along the busy Cape Town–Durban corridor late Saturday night. The tug had…
