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DENYS HOBSON
Global growth is expected to be subdued, if not stagnant, in 2024
Close collaboration essential to ensure competitive market, industry
8th March 2024

Global growth is expected to be subdued, if not stagnant, in 2024, and amid this slow growth and some challenging market conditions, global trade is also expected to be sluggish, says financial... 


Grindrod to spend big at Matola terminal as MPDC grows Maputo capacity
Grindrod to spend big at Matola terminal as MPDC grows Maputo capacity
7th March 2024 By: Irma Venter

Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 on Thursday, CEO Xolani... 


National Treasury director-general Dr Duncan Pieterse
PPP reforms could avert need for prescribed-assets policy to increase private infrastructure investment – Pieterse
1st March 2024 By: Terence Creamer

National Treasury director-general Dr Duncan Pieterse says the reforms being proposed to facilitate greater private sector investment into infrastructure could obviate the need to introduce a... 


TFR train
Business sees appointment of Phillips as key step in accelerating Transnet Recovery Plan
29th February 2024 By: Terence Creamer

Organised business says the appointment of a permanent executive team at Transnet – led by CEO Michelle Phillips, who has been acting in the role since September and who has been with the utility... 


BCG highlights challenges, opportunities amid energy transition
28th February 2024 By: Sabrina Jardim

Amid the global transition to cleaner energy sources, African countries face various challenges and opportunities pertaining to the adoption of renewable energy. Consulting firm Boston Consulting... 


Bidvest sells 27.5% in logistics unit to investment firm Akhona
28th February 2024 By: Bloomberg

A subsidiary of South African conglomerate Bidvest Group is selling a 27.5% stake in a logistics business to black women-owned financial firm Akhona Strategic Investments. Akhona, headed by former... 


Image of the Malawian flag
Arise IIP signs deal with Malawi to build R3bn SEZ, dry port
26th February 2024 By: Irma Venter

Arise Integrated Industrial Platforms (ARISE IIP) has signed a development agreement with the government of Malawi for the construction of a R3-billion special economic zone (SEZ) and dry port in... 


BLSA CEO Busisiwe Mavuso
‘Deep’ reforms, Transnet appointments key to dealing with South Africa’s logistics crisis – BLSA
26th February 2024 By: Sabrina Jardim

With commodity prices declining and mining companies being unable to get output to their markets owing to issues with the rail and port services that State-owned utility Transnet provides, business... 


Image of the Suez Canal
Global unrest fuelling shipping costs, consumers to feel it within a year – Unctad
23rd February 2024 By: Irma Venter

The United Nations Conference on Trade and Development (Unctad) estimates that transits passing through the Suez Canal have decreased by 42% compared with its peak, owing to attacks on Red Sea... 


Image of the MV Mpungu
Lake Victoria freight vessel aims to cut travel time by up to three days
22nd February 2024 By: Irma Venter

The Mpungu freight vessel has made its debut on Lake Victoria, in East Africa. The Mpungu will be Lake Victoria’s first scheduled roll-on/roll-off freight vessel, addressing the need for a reliable... 


Image of Road Freight Association (RFA) CEO Gavin Kelly.
Fuel price hike will impact consumers and the road freight industry – RFA
16th February 2024 By: Irma Venter

Fuel is rapidly crossing the 50% mark as a share of daily road transport operating costs, depending on the type of transport operation, with rising costs likely to be passed on to the consumer,... 


Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
14th February 2024 By: Irma Venter

The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South... 


The Durban Container Terminal
Business stakeholders find ‘election-oriented’ SoNA wanting
9th February 2024 By: Marleny Arnoldi

Business stakeholders agree that President Cyril Ramphosa was right to emphasise economic reforms in his State of the Nation Address (SoNA) on February 8, as these are critical to turning around... 


Photo of Terence Creamer
Loadshedding, logistics, water crises key themes of SoNA 2024
9th February 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses some of the key themes that emerged during President Cyril Ramaphosa's final State of the Nation Address of the current administration and how... 


Transnet needs ‘the right, permanent management, quickly’ – Stellenbosch University academic
9th February 2024 By: Irma Venter

State-owned rail and port operator Transnet could, potentially, show significant improvement this year, compared with last year’s dismal performance, says transport economist and macrologistics... 


Trend toward digitalisation continues
9th February 2024 By: Lynne Davies

Materials handling firms have traditionally relied on paper-based processes, however, as these processes are staggeringly manual, time consuming, highly inefficient and prone to human error,... 


President Cyril Ramaphosa
Ramaphosa moots ‘innovative investment models’ for grid as he reiterates support for power and logistics reform
8th February 2024 By: Terence Creamer

President Cyril Ramaphosa used his final State of the Nation Address ahead of upcoming elections to reiterate government’s commitment to reforms in the country’s failing power and logistics... 


Standard Bank chief economist Goolam Ballim
Standard Bank not expecting major fiscal slippage despite election pressures
7th February 2024 By: Terence Creamer

Standard Bank chief economist Goolam Ballim does not anticipate “material fiscal slippage” in the 2024 Budget, despite expenditure pressures associated with the upcoming elections, as well as calls... 


Keith Pienaar CEO of Vector Logistics
6th February 2024 By: Schalk Burger

Fund management company AP Møller Capital, which acquired Vector Logistics from food producer RCL Foods in August, has appointed Keith Pienaar as Vector Logistics CEO. With the appointment, the... 


President Cyril Ramaphosa
We are turning ports around, but it will take time – Ramaphosa
5th February 2024 By: Sashnee Moodley

While the recently launched African Continental Free Trade Area will provide advantages for South African companies, the efficiency and competitiveness of the country’s logistics architecture needs... 


Port of Maputo reports record volume for 2023
2nd February 2024 By: Irma Venter

The Maputo Port Development Company (MPDC) says the Port of Maputo achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public–private partnership between... 


Dr Juanita Maree
Freight forwarders note some progress in tackling logistics crisis, but call for intensification of collaborative efforts
1st February 2024 By: Terence Creamer

The CEO of the South African Association of Freight Forwarders (SAAFF) believes progress is being made in navigating the ‘perfect storm’ of South Africa’s current logistics crisis, which is... 


Investec logistics head Denys Hobson
Global economic growth expected to stagnate this year
30th January 2024 By: Darren Parker

Global economic growth is expected to be subdued, if not stagnant this year, with global trade also expected to be sluggish, financial services provider Investec reports. According to the World... 


An image depicting the Hino SA team
Hino SA introduces new financing package for truck-tractor models
30th January 2024 By: Sabrina Jardim

Japanese commercial vehicle manufacturer Hino South Africa has announced the introduction of a new Guaranteed Future Value (GFV) Plan on the Hino 700 2841 and 2845 truck-tractor models, Hino South... 


Image of US Prof Jan Havenga
Transnet needs ‘the right, permanent management, quickly’ – Havenga
29th January 2024 By: Irma Venter

State-owned rail and port operator Transnet could, potentially, show significant improvement this year compared with last year’s dismal performance, says transport economist and macrologistics... 


An image depicting TSAM president and CEO Andrew Kirby
Sales of NEVs on the rise in South Africa
25th January 2024 By: Sabrina Jardim

Amid a global emphasis on green energy and the subsequent global energy transition, total sales of new energy vehicles (NEVs) in South Africa increased by 65% year-on-year in 2023, with hybrid... 


A road fright truck on the N3 corridor
Dedicated freight lanes and restricted truck operating hours mooted in draft plan to shift cargo back to rail
25th January 2024 By: Terence Creamer

The Department of Transport (DoT) is canvasing as series of interventions aimed at attracting freight back to South Africa’s struggling rail system from road, which has emerged as the country’s... 


DHL to test Volkswagen’s electric ID.Buzz Cargo vans in South Africa
19th January 2024 By: Irma Venter

Volkswagen Commercial Vehicles has partnered with DHL Express for the pilot testing of the electric ID.Buzz Cargo van in South Africa. Four ID.Buzz Cargo units have been placed at DHL Express... 


Image of the Port of Maputo
Port of Maputo reports record volume for 2023
16th January 2024 By: Irma Venter

The Maputo Port Development Company (MPDC) says the Port of Maputo has achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public-private partnership... 


Image of the Port of Cape Town
Cape Town calls for deadline on private sector port involvement
12th January 2024 By: Irma Venter

The City of Cape Town says it wants a “clear deadline” from Transnet and national government on private sector involvement in the Port of Cape Town.  With a private sector partner set to start... 


Coal shipments on Transnet freight-rail network have plunged to 30-year lows and iron-ore railings are at their lowest in a decade
Crumbling South African rail prompts Botswana to forge new route
19th December 2023 By: Bloomberg

Botswana has received unsolicited bids from investors to build a rail line to a Namibian port that will help avoid South Africa and its disintegrating logistics network. The 1 500 km... 


Nedbank acquires Eqstra to boost fleet management
12th December 2023 By: Schalk Burger

Financial services firm Nedbank Group has entered into an agreement to acquire 100% of the issued share capital of fleet management solutions provider Eqstra Investment, subject to regulatory... 


Six trucks set alight on N11 amid KZN protests, traffic affected by 'spillages'
11th December 2023 By: News24Wire

Trucks have been set alight by protesters along the N11, near Amajuba Pass in KwaZulu-Natal. Six trucks were set alight when protests erupted along the N11 near Amajuba Pass in Charlestown,... 


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