Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

South African Oilseed Millers Grind to Halt on Truckers’ Strike

Don't Miss Out —
Follow us on:

Oct. 5 (Bloomberg) -- Oilseed crushers in South Africa, the continent’s largest producer of soybeans, stopped milling as a two-week truckers’ strike prevented deliveries to the plants.

Soybean millers have halted output because they haven’t received their beans, Etienne van Heerden, a grain trader at brokerage Farmwise Grains (Pty) Ltd., said today by phone. Sunflower-seed crusher Epko Oil Seed Crushing (Pty) Ltd. said its operations have been idle for 1 1/2 weeks.

About 20,000 truck drivers are on strike as they push for a 12 percent pay increase for each of the next two years, while employers have offered 18 percent in total, Magretia Brown-Engelbrecht, a spokeswoman for the Road Freight Employers’ Association, said by phone today.

A third of fuel stations in Gauteng province, the country’s commercial hub, have run out of at least one of three products, MC Lamprecht, chairman of the Petroleum Retailers Association, said by phone.

To contact the reporters on this story: Jaco Visser in Johannesburg at avisser3@bloomberg.net; Tshepiso Mokhema in Johannesburg at tmokhema@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.