JUST IN: Truck crash and diesel spillage cause total road closure of N1

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JOHANNESURG - Following the earlier motor vehicle accident involving two trucks on the N1 South before Maraisburg Road, the Johannesburg Metropolitan Police Department (JMPD) has confirmedt that all lanes of the N1 South are closed to traffic. According to JMPD, this closure is necessary to allow emergency personnel to safely manage the scene and clear the diesel spillage and overturned vehicle. "Three slight injuries have been reported, and one of the trucks has overturned, spilling diesel. Emergency personnel and Law Enforcement are on scene, and initially, three lanes were affected and closed off, causing heavy delays. "All lanes of the N1 South are currently closed before Maraisburg Road. Vehicles are being diverted at Gordon Road. Significant and heavy traffic congestion is being experienced on the N1 South and surrounding areas," said JMPD. The estimated time for the scene to be cleared and the N1 South to be reopened is approximately 4 hours. Motorists...

SARS releases preliminary trade statistics for January 2025


PRETORIA – South Africa recorded a preliminary trade balance
deficit of R16.4 billion in January 2025, reports the South African Revenue Service (SARS).

This deficit was attributable to exports of
R149.0 billion and imports of R165.4 billion, inclusive of trade with Botswana, Eswatini,
Lesotho and Namibia (BELN).

The year-to-date (01 January to 31 January 2025) preliminary trade balance deficit of
R16.4 billion was a deterioration from the R3.7 billion trade balance deficit for the
comparable period in 2024. On a year-on-year basis, export flows for January 2025
(R149.0 billion) were 1.2% higher compared to R147.2 billion recorded in January
2024. Import flows were higher by 9.6%, having increased from R150.9 billion in
January 2024 to R165.4 billion in the current period.

On a month-on-month basis, exports decreased by R10.2 billion (-6.4%) from R159.2
billion to R149.0 billion between December 2024 and January 2025, whilst imports
increased by R20.9 billion (14.4%) from R144.5 billion to R165.4 billion over the same
period. Export flows decreased in January 2025, driven by Gold, Vehicles (Goods),
and PGMs. Import flows increased on the back of higher importation of Original
Equipment Components, Aeroplanes, and Parts & Accessories of Motor Vehicles.
Due to ongoing Vouchers of Correction (VOCs), the preliminary trade balance surplus
of R15.5 billion announced for December 2024 was revised downwards by R0.8 billion,
with the final number at R14.7 billion.

Click here for Merchandise Trade Statistics January.

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