Weekly Press Review – 30 January 2017

According to the press, chemicals and energy group Sasol’s share price fell 3.02 percent to R409.26 on the JSE this week. This after the company announced an expected 44 percent drop in its headline earnings.

The company has attributed the fall to currency losses and a strike at its Secunda mining operations.

The NSRI were in action this weekend. According to the press three crew-members were rescued and treated for shock after their ski-boat, the Mi Lady, capsized off Strand Beach.

The three Strand residents were in the water for more than an hour before they were rescued.

In a separate incident two men, aged 44 and 53, were rescued from a sinking yacht that they were transporting from Durban to Mossel Bay. The NSRI were once again called to action. The rescue involved the use of an NSRI rescue vessel, as well as an NSRI rescue helicopter.

Also making headlines this week was a shooting incident between to suspected perlemoen smuggling gangs, which took place near Gansbaai, resulting in the death of one of the gang members.

It is suspected that the violence between the gangs broke out due to inflated pricing of poached perlemeon by one of the gangs.

Cape Town maritime enthusiasts were treated to a splendid sight this week, as the Queen Mary 2 visited Table Bay Harbour for a brief two-day visit.

According to the press the 14 year-old vessel is the world’s only operational ocean liner (not cruise liner) and was originally built in 2002 to replace the ageing Queen Elizabeth 2.

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