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Ports and logistics group Grindrod will acquire the remaining 35% shareholding in Terminal de Carvão da Matola (TCM), at the Maputo port, from Vitol Mauritius for $77-million. The JSE-listed...
Iron-ore futures prices posted their biggest daily fall in nearly two years on Wednesday, weighed down by prospects of stronger global supply and weakening Chinese steel demand. The most-traded...
Australia-headquartered Winsome Resources has outlined a path to production for its Adina project, in Quebec, Canada, with a scoping study determining that the Renard diamond mine’s processing...
Platinum group metal (PGM) catalysis can play an essential decarbonising role beyond hydrogen generation, where its use in proton exchange membrane (PEM) technology for water electrolysis and fuel...
Morocco stands out as one of Africa’s most dynamic investment destinations and a leader in strategic infrastructure development. Its status makes it an ideal location to host the 14th edition of...
Iron-ore’s plunge is about to test the view that the steelmaking material can find solid price support at $90 a ton or more as high-cost mines are nudged out of the market. Futures in Singapore...
The Port of East London has taken ownership of two new tugboats, marking the end of the Transnet National Ports Authority’s (TNPA’s) R1-billion marine fleet renewal programme, aimed at boosting...
The prolonged economic downturn experienced across multiple sectors in South Africa has resulted in markedly depressed sales in the new-car segment over the past 12 months, says finance group...
President Cyril Ramaphosa noted on Monday that relations between South Africa and China has entered “a new era of opportunity”, following his visit to China, which he said has strengthened trade...
Public Works and Infrastructure Minister Dean Macpherson concluded his visit to China this week by signing two declarations of intent with the China Communications Construction Company (CCCC), as...
British International Investment (BII) says it has committed up to $35-million for the construction of the initial phase of the Democratic Republic of Congo’s (DRC’s) first deepwater container...
Grindrod encountered a “very challenging environment” in the first six months of the year, says CEO Xolani Mbambo. “It’s been difficult.”
Funding of up to $200-million has been approved for the Lobito Corridor Railway project.
Zimbabwe's State-owned railway operator has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after...
Public information entity Government Communication and Information System said on Wednesday South Africa’s economic growth in the second quarter shows that the economy is on a solid path to...
Development finance institution the Development Bank of Southern Africa (DBSA) has, alongside the US International Development Finance Corporation (DFC), approved funding of up to $200-million...
Enormous investments are being made in ports, rail and transport logistics in Southern Africa, as well as more broadly in Africa, including by international companies and consortia. "Global...
A senior US State Department official reassured African governments that an initiative to help counter China’s influence through developing infrastructure on the continent will continue even after...
Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated...
With Transnet’s export coal and iron-ore volume performance having reached multidecade lows in recent years and mining companies not weathering low commodity cycles sufficiently, the focus of this...
South Africa’s electricity story is an example of what can be achieved when a problem is approached in a new way, and holds potential lessons for other industries, business organisation Business...
Railway operator Lobito Atlantic Railway (LAR) has reported that the first shipment of copper destined for the US left the port of Lobito, in Angola, this week, loaded on the MSC SAMU container...
Market analysis firm BMI, a Fitch Solutions company, has revised down its 2024 iron-ore price forecast from an average of $120/t to $110/t, as subdued demand in mainland China amid the ongoing...
Grindrod encountered a “very challenging environment” in the first six months of the year, says CEO Xolani Mbambo. “It’s been difficult.”
When copper surged toward a record high in New York in May, a ship was in the Pacific Ocean carrying a raw form of the metal from Chile to top buyer China. By the time the Ricarda arrived in...
South Africa’s agriculture exports decreased by 0.1% year-on-year in the second quarter of the year to $3.37-billion. This followed a 6% year-on-year growth rate in the first quarter of the year.
South Africa plans to complete a framework for private companies to use State-owned port and rail infrastructure within six months, Transport Minister Barbara Creecy said, a move that could help...
Construction, engineering and contract mining group Aveng has outlined plans to split its Australian and South African operations into two separate and independent entities. This demerger, which...
British International Investment (BII) says it has committed up to $35-million for the construction of the initial phase of the Democratic Republic of Congo’s (DRC’s) first deepwater container...
Menar, which recently signed a deal to acquire Samancor’s Metalloys, envisages reviving the ferromanganese smelting complex and exporting beneficiated manganese to the world. “It’s an exciting...
The risk of Mpox transmission in Southern African Development Community (SADC) countries remains lower than in many traveller source markets, and typical tourist activities do not put travellers at...
Canada's labor minister will meet with the country's two main railway companies and the Teamsters union in Montreal on Tuesday and Calgary on Wednesday to try to avert a crippling rail transport...
President Cyril Ramaphosa said on Monday the successful national and provincial elections held in May and the formation of the Government of National Unity have positively affected business...
Canada's freight rail network could come to a grinding halt this week, inflicting a huge economic toll after the country's two largest railroad operators on Sunday issued lockout notices to the...
State-owned Transnet National Ports Authority (TNPA) has added five new tugboats that are aimed at improving shipping efficiencies at the Port of Durban, as part of its R1-billion investment...
South Africa’s seventh administration has taken office amidst a flagging domestic economy desperately seeking traction. The automotive industry, South Africa’s biggest manufacturing industry, has...
As the Cape of Good Hope experiences heavy winds and cyclones, container ships are being further diverted and trade is being severely disrupted. Anglo-South African banking and wealth management...
The property division of Transnet has been given board approval to sell its residential and non-core commercial properties over the coming two years, while moving to package the balance of the...
Snaking through the russet-colored expanse of Australia’s remote Outback, vast mile-long trains ferry iron-ore — the nation’s most valuable export — across a crucial mining district that’s...
State-owned Transnet National Ports Authority (TNPA) has completed the replacement and installation of 37 capstans in its four dry-dock facilities to enhance productivity at its largest and busiest...
South Africa must develop industrial policies that build the international competitiveness of its export industries, including by enabling small businesses that could be exporting much more,...
Zambia has temporarily shut its borders with the Democratic Republic of Congo (DRC), the government said at the weekend, in a move that could delay exports from Africa’s biggest copper producer....
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