The Money Show Transnet court win: Impact on logistics and trade
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Jul 16, 2025 Wendy Nola, a Consumer Ninja, and Graeme Codrington, a Lead Futures Researcher, delve into vital topics surrounding logistics and trade after a key court ruling involving Transnet. They discuss the impact of corruption on procurement in South Africa's transport sector, the significance of upcoming tariffs on multinationals, and how these elements intertwine with consumer markets. Explore their insights into the broader implications for economic stability and consumer behaviors, painting a picture of a dynamic and challenging landscape.
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Transnet Corruption Saga Impacts Rail
- The Transnet locomotive procurement scandal is a 14-year saga connected to state capture and corruption.
- This issue severely disrupts rail logistics with parts legally held by a corrupt Chinese firm unwilling to supply spares.
Space Junk and Solar Radiation Risks
- Satellite numbers have exploded from 1,300 to 15,000 in ten years, raising space debris concerns.
- Solar maximum radiation threatens satellite stability causing breakups with cascading impacts on GPS and communications.
Verify Insurance Tracking Requirements
- Check if your vehicle insurance requires updated tracking devices to avoid claim rejections.
- Verify with your insurer or broker and keep proof they informed you of any policy changes.