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WACT Lifts Onne Port in Port Harcourt with $10m Facility Upgrade

Onne Port, Port Harcourt, Nigeria   The West Africa Container Terminal (WACT) has launched two new Mobile Harbour Cranes (MHCs) worth $10 million (N3.6billion) for the discharge of cargoes at the terminal. This followed the increased vessel traffic experienced at eastern ports due to the recent diversion of cargoes because of the traffic

South Africa’s Fuel Price Meeting Blames Petrol Cost Hikes on Exchange Rates, Venezuela Instability

Cape Town - Energy Minister Jeff Radebe has presented several reasons why South Africans have to pay more at the pumps during an Energy Portfolio Committee meeting. The session comes a week after it was scheduled to be held, the delay blamed on "miscommunication" by an official who faces disciplinary

GM warns U.S. import tariffs could lead to ‘smaller’ company, fewer jobs

General Motors Co warned on Friday that expansive U.S. tariffs on imported vehicles being considered by the Trump administration could lead to “a smaller GM” with fewer jobs while isolating U.S. businesses from the global market. The Trump administration in May launched an investigation into whether imported vehicles posed a national

Fuel Prices to Go Up in Namibia

Mines minister Tom Alweendo has announced a countrywide fuel price increase next Wednesday. The minister said petrol will increase by 20 cents per litre and diesel by 19 cents per litre at all towns supplied from Ondangwa, which was declared a fuel town in April this year. He also said the

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