South African Markets – Factors to watch on June 20

South African Markets – Factors to watch on June 20

JOHANNESBURG, June 20 (Reuters) – The following equity and currency market moves may affect South African markets on Thursday.

Transnet to appeal against $344 mln Sasol award over tariff dispute

Transnet to appeal against $344 mln Sasol award over tariff dispute

June 20 (Reuters) – South Africa’s logistics utility Transnet said on Thursday it would appeal a court decision to award Sasol and TotalEnergies about 6.2 billion rand ($344 million) in damages and interest to settle a tariff dispute.

Egypt raises transit fees for ships passing through Suez Canal

Egypt raises transit fees for ships passing through Suez Canal

Egypt on Tuesday raised transit fees for ships passing through the Suez Canal, one of the world's most important waterways, with increases of up to 10%.

Multimodal Inland Port Association launched

Multimodal Inland Port Association launched

The association aims to act as the unified voice for inland ports across the nation, focusing on promoting, supporting, and advocating for the increased movement of cargo from road to rail.. Read full Article