The FuelEU Maritime regulation by the European Union mandates a 2% reduction in greenhouse gas intensity for vessels, increasing fuel costs for the shipping industry. Shippers can comply by using biofuels or joining a pool with low-emission vessels, with potential cost savings. Non-compliance penalties for still using heavy fuel oil could be around $65 per ton.
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News24 | amaBhungane | IDT mistrust: Minister Zikalala’s whitewash that secured IDT CEO Malaka her job
Former public works minister Sihle Zikalala minimized the implications of an investigation he initiated, which facilitated the appointment of Tebogo Malaka as the chief executive of the Independent Development Trust (IDT). This decision comes despite Malaka's involvement in a controversial R45-million lease scandal, raising concerns about her suitability for the role. Zikalala's actions suggest a disregard for accountability in the context of significant financial misconduct linked to the IDT. Full Article
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