Kaya 959 Kaya Biz

96 vessels waiting outside our commercial ports, costing the economy at least R98 million a day.

Loading player...
GUEST - Mike Walwyn, SAAFF Director

There are currently 96 vessels waiting at anchorage outside our commercial ports, directly costing the economy R98 million a day in direct, sunken costs, at least R26 million a day in indirect costs, and impeding at least R7 billion worth of goods from moving every day.
22 Nov 2023 3PM English South Africa Business News · Investing

Other recent episodes

South African employment improves, but youth concerns persist

South Africa’s latest employment numbers are out, with Stats SA reporting an improvement of 0.2% in the fourth quarter of 2025. Nkosinathi Mahlangu, Head of the Youth Employment Portfolio at Momentum Group, argues that employer-driven opportunities are needed to give young people a real foothold in the economy.
31 Mar 4PM 9 min

SA fuel stations under pressure

Petrol stations are running dry nationwide as motorists rush to fill up ahead of record fuel price hikes expected from 1 April. South Africa braces for record fuel price hikes on April 1. To help address public concerns, we spoke to Avhapfani Tshifularo, Chief Executive of the Fuels Industry Association…
31 Mar 4PM 17 min

Key takeaways from South Africa’s 2026 Investment Conference

South Africa wants to move from promises to performance, and it’s aiming big — R2 trillion in new investment commitments over the next five years. For these and other highlights from today’s South African Investment Conference, Ipeleng Selele, Chairperson, Brand South Africa, joins the show.
31 Mar 4PM 7 min

Tech at the centre of SA’s investment story

As the country hosts the 2026 South Africa Investment Conference, government leaders are emphasizing a new phase of economic resilience, diversification, and digitalization. Takealot Group CEO, Frederik Zietsman, weighs in on the digital aspect after attending the conference.
31 Mar 4PM 7 min
All episodes