News Formal

Mozambique-Lebombo border closure has so far cost SA companies R5bn

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Situation is particularly concerning for SA’s chrome exporters, says Minerals Council.

The Port of Maputo has halted operations. An increasing number of SA export businesses rely on it to get their products to overseas markets. Picture: Adrien Barbier/AFP/Getty Images

“The disruptions are currently mainly for cargo moving out of South Africa. We do know that various authorities have advised that transport companies should not attempt to cross into Mozambique,” Kelly says. “However, Grindrod has stopped port operations, which further constrains flows of chrome to overseas customers. A prolonged border closure of weeks rather than days will have a serious impact on South African chrome exports,” it says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business at Lebombo Border slow due to Mozambique unrest - SABC News - Breaking news, special reports,One taxi operator says people are afraid to cross the border, despite normal operations.
Source: SABC News Online - 🏆 32. / 51 Read more »