Showing posts with label South Africa. Show all posts
Showing posts with label South Africa. Show all posts

Wednesday 14 July 2021

South Africa facing widespread social unrest

Widespread social unrest gripping South Africa following the arrest of a former president saw key logistics arteries for the continent shuttered as rioters torched trucks and caused millions of dollars in damage to stores and warehouses, spurring concerns about looming shortages.

The Road Freight Association says more than 35 trucks have been either wholly burnt out or very badly damaged since July 10 on key routes in KwaZulu-Natal province, home to sub-Saharan Africa’s biggest port of Durban, as well as in the coal-rich Mpumalanga region and the economic hub of Gauteng, where Johannesburg is located.

The arson led to the closure of the N3 highway that links Durban to Johannesburg and is also the start of trucking routes used to transport goods and commodities to and from nations as far north as the Democratic Republic of Congo.

Estimating the operational-asset costs to haulers at about US$21 million and counting, RFA Chief Executive Officer Gavin Kelly said that’s just the “tip of the iceberg.”

“The cost to the South African economy will run into millions of US$ lost as business confidence from foreign investors, and those who use South Africa as a transit hub, turn away from us,” Kelly said. “The ‘Gateway to Africa’ has been lost and these attacks will further cement the move of transit freight from South Africa to neighboring countries.”

The freeze on N3 movement is hurting citrus farmers in the country, which is the world’s biggest exporter of the fruits after Spain and is in the middle of its shipment season, said Christo van der Rheede, the executive director of AgriSA, the nation’s largest commercial farmers’ group.

“They can’t harvest their produce because they can’t transport it to the harbor,” he said. Van der Rheede has also received reports of sugarcane fields that have been razed, livestock theft and intimidation of farmers.

Sunday 21 February 2021

Iran to launch direct shipping line to South Africa and Latin America

Iran has expressed its plan to launch a direct shipping line to South Africa and Latin American countries in near future; this was stated by an official with the Iranian Chamber of Cooperatives (ICC). Babak Afghahi, Head of non-oil trade and export development committee of ICC stated that the proposed shipping line will connect Southern Iranian ports to the ports of South Africa and then to Latin American countries, specifically Brazil.

He said, shipping line is going to be launched with the support of the Islamic Republic of Iran Shipping Lines (IRISL) and is aimed at developing Iranian non-oil trade with the countries in the mentioned regions.

“With the support of the Islamic Republic of Iran Shipping Lines, considering the capacity of Iran's cargo export to the mentioned destinations, the chambers of commerce across the country, the Trade Promotion Organization (TPO) of Iran and other export bodies have been informed about the new development,” Afghahi said.

As reported by IRNA, the Islamic Republic’s trade with South Africa reached US$43 million in the first six months of the previous Iranian calendar year, while the figure stood at US$27 million in the same period a year ago.

Following a new strategy for boosting non-oil trade and distancing the country’s economy from oil, Iran has been launching several direct shipping lines to its major trade destinations over the past few years.

Earlier this month, the Head of Iran-Syria Joint Chamber of Commerce Keyvan Kashefi announced the establishment of a direct shipping line between Iran’s southern port of Bandar Abbas and Syria’s Mediterranean port of Latakia.

Iran has also launched five direct shipping lines to Oman and is planning to establish direct routes to Qatar, India, Turkmenistan, and Russia as well.

Sunday 1 July 2012


Colonialism proliferating, though in a different form


It may not be wrong to say that the World War-III started no sooner did World War-II ended. Under the new arrangement countries are not conquered using military but by subjugating their sovereignty.


In the past the World Bank and the International Monetary Fund used to take control of policy making of recipient countries but now power of these countries to make decision are curtailed by establishing the World Trade Organization (WTO).

After the World War-II, super powers namely USA, USSR, and later on China have emerged. While USSR faced disintegration after its failed attempt to get access to warm waters by attacking Afghanistan, China preferred to focus on becoming an economic power. The USA got a free hand to establish its hegemony.

China is a perfect example of ‘If you can’t kill your enemy, make him friend but never forget you have to kill him one day’. USA has emerged a major investor in China and also a major buyer of made in China products. The policy is driven by the lust to control Chinese economy.

Economic sanctions are imposed on countries trying to the US policy but all the decisions are driven by protecting its own interest and/or its peripheries. This is evident from the latest US decision to exempt India, Malaysia, South Korea, South Africa, Sri Lanka, Turkey and Taiwan buying oil from Iran. These countries are either the major buyers of made in USA arsenal or supplier of goods and services to the super power.

United Nations (UN) has also become subservient as most of the decisions are made by the permanent members enjoying veto powers. Any decision by the international community can be turned down by these countries.  However, if a rubber stamp is needed, UN endorses military action, the most recent examples being Libya and Syria. Iran has been facing economic sanctions for more than three decades.

Different blocs have been created for the collective exploitation and now to establish US hegemony and developing regional powers. India has been given the status of regional super power. Commonwealth keeps on reminding the sovereign countries that they were British colonies and are still under the thumb of Monarchy.

Economic assault has been initiated under the WTO that gives legal cover to the financial atrocities of the developed countries. These countries control economies of poor sates through multinational companies (MNCs). This is best understood when one looks at the balance sheets and profit and loss statements of Fortune-500, which has further reduced to Fortune-50 companies,

But armies still play key role in conquering countries, with US leading Nato member counties. Usually the campaign starts in the name of restoration of democracy. Regime Change Plans are executed by funding rebels and proving them arsenal. This is in no way any attempt to make their lives better but to keep the armament factories running at full capacities.