Printed from

Insurers refuse to cover cargo trucks amid rise in looting

Posted On: Jul. 26, 2019 6:11 AM CST

Trucks on highway

Palesa Phili, chief executive of the Durban Chamber of Commerce and Industry, said that South African insurers are refusing to cover cargo trucks due to a rise in looting and violence along several highways, reported. Ms. Phili said that shippers are facing extra costs related to security measures such as hiring armed security escorts.

Read more.