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The Policy Uncertainty Index (PUI), as published by the North West University (NWU) Business School, increased to 53.6 index points in the fourth quarter of 2019, from 53.1 index points in the...
The Association of Mineworkers and Construction Union (AMCU) has lamented the tragic start to this year, which has already seen three mineworkers dying in various incidents. The first two...
Denel Chief Financial Officer Carmen Le Grange has indicated the businesses that the State-owned defence group was exiting or was planning to exit, as part of its turnaround strategy. She did so in...
Companies in the German state of Baden-Wuerttemberg are not doing enough to seize the enormous investment potential that Africa offers, its economic affairs minister has said. At the same time,...
About 3 200 workers at Canadian National Railway Co went on strike at midnight Tuesday, threatening to crimp shipments of oil, potash and grain across the country. Conductors and yard operators at...
Denel CFO Carmen Le Grange on Friday indicated the businesses that the State-owned defence group was exiting or was planning to exit, as part of its turnaround strategy. She was addressing the 2019...
Transnet has confirmed that it is initiating a legal review of the a R49-billion locomotive procurement contract.
State-owned logistics group Transnet confirmed on Monday that it is initiating a legal review of the a R49-billion locomotive procurement contract, known as 10-64, having already declared the...
Transnet Freight Rail launched the world’s longest production train, with 375 wagons, on October 24. The train carries about 24 000 t of manganese from Sishen, in the Northern Cape, to Saldanha...
State-owned logistics group Transnet reported a 6.5% fall, from 77-million tons to 72-million tons, in export coal volumes in 2018/19, but described the decline as cyclical rather than structural....
Rail components manufacturer Alstom Ubunye on Thursday inaugurated its 80 000 m2 modernised rail components factory, in Nigel, Gauteng. The factory was established in 1957 and Alstom acquired a...
State-owned freight logistics utility Transnet received yet another qualified audit for its 2018/19 financial year and also announced a dramatic rise in irregular expenditure to R49-billion, after...
The significant investment in a third Rottler three-axis CNC machining unit by Metric Automotive Engineering represents a strategic contribution in support of local original equipment manufacturers...
So far the State has recovered more than R2.1-billion lost through contracts awarded irregularly to entities doing business with State-owned enterprises, says Public Enterprises Minister Pravin...
A Harmony Gold employee died in a surface rail locomotive related accident at the Doornkop gold plant on Sunday. "Harmony management wish to express their deepest condolences to the deceased...
The Passenger Rail Agency of South Africa (PRASA) Ministerial war room is said to have gotten “off to a good start”, following its first day of operation this week. Launched by Transport Minister...
A worker died in a locomotive accident at Impala Platinum’s (Implats’) Impala Rustenburg 1 Shaft this week. Implats on Thursday said that, as far as it was aware, Nelso Thipe’s locomotive was...
Public Protector Busisiwe Mkhwebane's personal bank account is currently under investigation by First National Bank for possible exchange control violations, according to a report. The Mail and...
A decisive intervention to turn around Passenger Rail Agency of South Africa (PRASA) and improve its operational performance while rebuilding its engineering capacity to drive the modernisation...
South African house, WH Auctioneers, holds regular auctions of assets for the construction, mining, transport, agricultural and engineering industries. WH launched an online auction for 13 Afro...
JSE-listed freight and financial services company Grindrod has, this month, taken delivery of 20 of its locomotives that had been recovered and transported from Sierra Leone to the Port of Durban....
Transnet has to date spent R42.5-billion on acquiring 1 259 new locomotives meant to upgrade its ageing fleet, some R3.9-billion more than it originally budgeted for, the commission of inquiry into...
The freight corridor between Durban and Gauteng would benefit most from a standard gauge railway track being constructed next to the current narrow gauge track. The addition of the line would aid...
Safety is at the heart of Afrox’s 360-degree Solutions initiative, particularly when it comes to welding and cutting in difficult to reach places on site and at height. Afrox’s Business Manager for...
In a context of increasing competition, growing demand and tighter management of operational and capital costs, freight railways are constantly looking for ways to increase efficiency by boosting...
As it keeps the Fourth Industrial Revolution (4IR) in mind, Transnet Freight Rail (TFR) is hopeful that the upcoming International Heavy Haul Association (IHHA) conference will provide the...
Two transportation companies contracted to build billions of rands' worth of locomotives for Transnet had "no justification" for hiking costs by R1.25-billion as a relocation fee, the State capture...
Officially founded in 1919, Lithuanian Railways is the century-old State-owned railway company of Lithuania. It provides passenger and freight services on a network covering nearly 2 000 km of...
Former Transnet executives amended a business case to procure 100 locomotives so that it would favour China South Rail in tender processes, the commission of inquiry into State capture heard on...
Transnet acting CE Mohammed Mahomedy continued his testimony at the Zondo commission of inquiry into State capture on Thursday, further detailing how the State-owned entity was bleeding billions of...
The Organisation Undoing Tax Abuse (Outa) says it has handed, what it calls a comprehensive submission, to the Zondo Commission of Inquiry into State Capture that allegedly details corruption,...
In assessing applied competencies in terms of training and working on mining machinery, there must be a balance between theoretical, practical and workplace competences that are suited to a...
Original equipment manufacturer Bombardier Transportation South Africa (BTSA) wants to be an integral part of South Africa’s growth story as it pursues localisation ambitions beyond 60%. South...
State-owned logistics group Transnet will, during the course of April and May, seek to secure “just and equitable” negotiations with the four original equipment manufacturers (OEMs) supplying it...
Private locomotive and rail operation Traxtion last month showcased its new maintenance and refurbishment facility, in Rosslyn, as part of the company’s plans to increase its capacity to provide...
It is not about pouring concrete and spending, it is a war of efficiency, Transnet group executive of new business growth and diversification Herbert Msagala told a select special interest group...
IEC Holden (Pty) Ltd., headquartered in Kempton Park, Gauteng, is proud to announce the appointment of Mr. Amos Hadebe as Non-Executive Chairman of the Board of Directors, and Mr. Pedro Adams as...
Private locomotive and rail operator Traxtion on Tuesday showcased its new maintenance and refurbishment facility, in Rosslyn, as part of its plans to increase its capacity to provide locomotive...
Sierra Metals has been granted environmental approval for its Yauricocha tailings expansion project.
The net profit of Harmony Gold plunged in the six months to December 31, dropping from R897-million for the corresponding period of last year to R75-million. However, production soared by 34% and...
Sierra Metals has completed all the necessary work and has submitted all the required documentation to the authorities for its Yauricocha mine.
Freight logistics group Transnet has missed its half-year coal export target by 2.3-million tons, the State-owned company reported on Wednesday, citing locomotive failures, community unrest, as...
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