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...Additional reporting by Rob Rose in Cape Town...
FTSE 100 group hires Wall Street boutique Moelis to advise on possible disposals
...Longer routing around the Cape of Good Hope has temporarily absorbed capacity. But this is a temporary phenomenon that will one day reverse....
...Should the share price return to the highs it hit in 2019, before uncertainty around the soft drinks industry levy (colloquially known as the “sugar tax”) raised questions around the company’s exposure to...
...The model had been working in her uncle’s laundrette in Cape Town when she was asked by the artist to sit for him....
...Colonel Andrè Traut, spokesperson for Western Cape police, said in a statement that a 63-year-old man had allegedly “sustained a gunshot wound” in Hermanus, a coastal town south of Cape Town, and had died...
...Other parts of the shipping industry have been able to charge customers extra after diverting via the Cape....
...Dubbed Port and Starboard, these vicious buccaneers have spent the past few years raiding the coast and devastating not just the shark populations, but the cage-diving industry that had long been established...
Fashion retailer is seeking rent reductions on 39 of its UK stores
...“Container transits [of the Red Sea] are remaining at low levels and transits round the Cape building,” Gordon said....
Once a particular style has lost its cachet, it can be hard to recover on a standalone basis
Aggressive acquisitions have pushed sportswear chain into more than 30 countries
...There was always a concern that certain industries would be permanently hobbled by the pandemic — a kind of corporate long Covid....
...Singapore, the Cape, Alexandria, Gibraltar, Dover. These five keys belong to England.” You can see his point, though it didn’t last....
...A diversion via the Cape increases the length of a voyage from the Gulf to northern Europe by about 70 per cent compared with going via Suez....
...“I’m not so much of the view that there’s a huge oversupply in the container shipping industry,” Nixon said....
...Copper, which is widely used in construction and industry, is expected to undergo a boom in demand as it is heavily used in power transmission lines, electric vehicles and wind turbines....
...A rocket carrying US hopes of returning to the moon for the first time in more than 50 years lifted off from Cape Canaveral spaceport in Florida earlier today....
...The minister was speaking to the Financial Times at the African Mining Indaba, an annual industry gathering in Cape Town....
...“The sharp increase in the cost of the raw material” had created an “extremely complex” macroeconomic scenario for the industry, said Lavazza Group chief executive Antonio Baravalle....
...However, Reach is not suffering in isolation; the fall-away is certainly part of a wider industry trend....
Shoppers’ brand affection does not guarantee a retailer’s success in other sectors
...Widerström, a veteran of the online gambling industry who was installed as chief executive in October, is trying to revive the fortunes of the indebted group that has been blighted by compliance failings...
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...One major factor in the rise in emissions last year was the reopening of the Astron Energy Refinery in Cape Town, South Africa’s third-largest crude oil refinery, which had closed after an explosion in 2020...
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