Tag: machinery breakdown
Strategies to diversify revenue streams in the automotive industry
South Africa’s automotive sector has seen a steady downshift in sales with a year-on-year decline for the fourth consecutive year due to inflation, high levels of debt, a rising cost of living and unpredictable fuel hikes forcing consumers to tighten their purse strings.
The Suez Canal blockage – lessons to be learned
Insurers have been warning for years that the increasing size of vessels is leading to a higher accumulation of risk when something goes wrong. These fears are now being realised, with the MS Ever Given having blocked the Suez Canal for several days.
