Several dozen container vessels are expected to travel via the Suez Canal and the Red Sea in the coming days and weeks.Some global shipping firms have announced a return to the route.
Chris Hattingh
Chris Hattingh is Executive Director at the Centre For Risk Analysis (CRA). With a special focus on trade, investment, and economic matters, as well as foreign policy, Chris serves on the Executive Board of the Global Trade and Innovation Policy Alliance, sits on the advisory council of the Initiative for African Trade and Prosperity and holds the position of Senior Fellow at African Liberty. Chris holds an MPhil (Business Ethics) degree from Stellenbosch University. In his role at the CRA, Chris leads strategic engagements and briefings to clients across South Africa, as well as globally.
With South Africa having been greylisted by the Financial Action Task Force in February for insufficient measures to combat anti-money laundering and counter-terrorist financing, such meetings send the wrong kind of signal.
The fiscal, skills, and management challenges facing the central government – along with various departments and state-owned enterprises (SOEs) – have come to the fore throughout 2023.
Chris Hattingh, Executive Director at the Centre for Risk Analysis, says container handling output is sitting at 19 percent down compared to what it was the same period last year.
Congestion at South African ports is crippling the country’s economy, further increasing costs. CHRIS HATTINGH says it is vital that the country ups its logistics game.
Party policies and cadre deployment are behind utility's demise.
The government might have to cut back on spending for social services due to budget constraints, which could lead to social unrest and increased frustration with the status quo. This is according to economist and head of policy analysis at the Centre For Risk Analysis Chris Hattingh.
National Treasury is reportedly preparing a raft of cost-cutting measures as it's coffers run dry. These include getting departments and other sectors of government to reduce their spending. Economist Chris Hattingh, spoke to eNCA.