Job cuts loom as Glencore challenges Eskom's electricity offer
Olivia Kumwenda-Mtambo and Nqobile Dludla
![With reports that Formula One race organisers are considering scrapping or relocating several Middle Eastern races this year due to heightened security concerns, the events industry is once again confronting the reality of operating in an unpredictable world (Image source: @ Scuderia Ferrari Club https://sfcriga.com/ Scuderia Ferrari Club]])](https://biz-file.com/c/2603/806699-64x64.jpg?1)
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The Cape Town Cruise Terminal wins Africa's Leading Cruise Port 2023 award
The Cape Town Cruise Terminal has been awarded the Africa's Leading Cruise Port 2023 award at the World Travel Awards, signifying its integral role in Cape Town's maritime heritage and ocean economy. A recent economic study revealed that the 2022/23 cruise season injected R1.2bn into the Western Cape economy, generating 1,800 local jobs. International visitors contributed over R612m in spending, with cruise lines adding R648m to the region's economy, fostering potential growth.
