Prejula Prem, Bloomberg on 01/10/2026

Tanker congestion shunts vital oil transfers farther from Hormuz

Transfers off India’s west coast could also provide an additional security advantage, reducing the risk of vessels being caught in attacks that have sporadically targeted ships sailing through Hormuz.

P Prejula Prem, Bloomberg
S'thembile Cele, Bloomberg on 01/10/2026

Sarb appoints Franz Ruch as seventh MPC member

Ruch’s appointment follows the early retirement of Chris Loewald, the bank’s former head of economic policy development and research and an MPC member.

S S'thembile Cele, Bloomberg