Seven weeks after A River Full of Crocodiles named the Energy Crocodile, the river is bursting its banks — literally and operationally. A Gauteng refrigerated carrier has just announced a 7.5% rate increase citing fuel at 35% of overheads and a 60-day recovery lag. Eskom’s diesel demand is dormant but uncapped. Strategic reserves are still at two weeks. Sapref is still idle. The N2 and N3 are being assessed for flood damage this week. Winter has arrived early. Here is what changed, what didn’t, and the working-capital mechanism that converts structural exposure into business failure. Read the Full Article "The River Is Bursting Its Banks: Seven Weeks On from the Crocodiles"
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