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Image of the Matola Terminal
Grindrod acquires rest of shareholding in Matola Terminal
18th September 2024 By: Irma Venter

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... 


The Saldanha Bay Iron Ore Terminal in South Africa
Iron-ore posts steepest daily fall in nearly two years
18th September 2024 By: Reuters

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... 


Study finds Renard diamond facility can be repurposed for lithium production
Study finds Renard diamond facility can be repurposed for lithium production
17th September 2024 By: Mariaan Webb

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... 


Dr Philipp Walter, Executive VP Business Line Hydrogen Systems, Global Business Unit Heraeus Precious Metals.
Platinum group metals can play essential decarb role beyond hydrogen ­– Heraeus
17th September 2024 By: Martin Creamer

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... 


The 14th Africa PPP Infrastructure Investment Summit 2024 – The Continent’s Premier Gateway to Multi Billion-Dollar African Infrastructure Investment Opportunities
16th September 2024

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 tests floor as plunge to $90/t puts mines at risk
Iron-ore tests floor as plunge to $90/t puts mines at risk
11th September 2024 By: Bloomberg

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... 


Tugs Kganya and Lentswe
East London port gets two new tugs, TNPA wraps up fleet renewal programme
10th September 2024 By: Irma Venter

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... 


Demand for used cars outpacing new cars; Asian newcomers big new-car winners
Demand for used cars outpacing new cars; Asian newcomers big new-car winners
9th September 2024 By: Irma Venter

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... 


Image of Cyril Ramaphosa and  Xi Jinping
Ramaphosa says China’s tech capabilities can support Africa’s industrialisation
9th September 2024 By: Thabi Shomolekae

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... 


Macpherson signs two declarations of intent with Chinese groups
6th September 2024 By: Irma Venter

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... 


UK govt financier pledges $35m towards construction of DRC deep-water container port
6th September 2024 By: Irma Venter

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... 


Challenging trade environment dents Grindrod’s profit
6th September 2024 By: Irma Venter

Grindrod encountered a “very challenging environment” in the first six months of the year, says CEO Xolani Mbambo. “It’s been difficult.” 


Image of train on railway tracks
Lobito Corridor Railway project, Angola/Democratic Republic of Congo – update
6th September 2024 By: Sheila Barradas

Funding of up to $200-million has been approved for the Lobito Corridor Railway project. 


Zimbabwe turns to private firms to boost freight rail volumes
5th September 2024 By: Reuters

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... 


Rand Currency
Govt says economic growth is a clear indication that SA is on a solid path to recovery
4th September 2024 By: Thabi Shomolekae

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... 


DBSA approves $200m for Lobito Corridor Railway project
3rd September 2024 By: Tasneem Bulbulia

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... 


South Africa is losing its trade competitiveness edge
2nd September 2024 By: Schalk Burger

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... 


US sees bipartisan backing for Africa critical minerals projects
29th August 2024 By: Bloomberg

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... 


Iron-ore produced by Kumba being transported by rail
Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super cycle
28th August 2024 By: Darren Parker

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... 


Alstom/Transnet locomotive
Experts reflect on status of rail reform at SAHHA Conference
27th August 2024 By: Marleny Arnoldi

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... 


An image of BLSA CEO Busi Mavuso
BLSA CEO highlights opportunities, concerns in reform of logistics sector
26th August 2024 By: Tasneem Bulbulia

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... 


Lobito Atlantic Railway begins exporting copper from the DRC to the US
23rd August 2024 By: Sabrina Jardim

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... 


Iron-ore stockpiles
BMI revises 2024 iron-ore price forecast lower to $110/t
23rd August 2024 By: Darren Parker

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... 


Image of Grindrod CEO Xolani Mbambo
Challenging trade environment dents Grindrod’s profit
23rd August 2024 By: Irma Venter

Grindrod encountered a “very challenging environment” in the first six months of the year, says CEO Xolani Mbambo. “It’s been difficult.” 


Flash copper price squeeze helps upend global trade flows
Flash copper price squeeze helps upend global trade flows
22nd August 2024 By: Bloomberg

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... 


Tomato crates on farm
Agriculture records $1.47bn trade surplus in the second quarter
20th August 2024 By: Marleny Arnoldi

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. 


Transport Minister Barbara Creecy
S Africa moving to finalise framework for private sector participation in rail and ports
20th August 2024 By: Bloomberg

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... 


large dump trucks
Aveng demerger signals possible exit from South African market
20th August 2024 By: Darren Parker

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, DP World to build deepwater container port in the DRC
British International Investment, DP World to build deepwater container port in the DRC
20th August 2024 By: Irma Venter

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 MD Vuslat Bayoglu.
Menar envisages reviving Metalloys smelter, selling beneficiated manganese to world
20th August 2024 By: Martin Creamer

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... 


Risk from Mpox to travellers in SADC remains low – tourism organisation
20th August 2024 By: Schalk Burger

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... 


Labour Minister Steven MacKinnon has urged companies and unions to prevent a full work stoppage.
Canada tells rail companies, union to work harder to avert crippling stoppage
20th August 2024 By: Reuters

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... 


Image of Cyril Ramaphosa
Ramaphosa says GNU has had a positive effect on business confidence
19th August 2024 By: Thabi Shomolekae

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-wide freight rail stoppage looms this week as two firms issue lockout notices
Canada-wide freight rail stoppage looms this week as two firms issue lockout notices
19th August 2024 By: Reuters

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... 


Among attendees at the TNPA tug Ccristening ceremony were (from left) TNPA chairperson Tshokolo Nchocho,;Transnet CEO Michelle Phillips; KwaZulu-Natal Premier Arthur Thamsanqa Ntuli; Transnet chairperson Andile Sangqu; Transnet COO Lekau Letsaolo; eThekwini municipality economic development, tourism and environment affairs chairperson Thembubuhle Ntuli; TNPA acting CE Phyllis Difeto; and Damen Shipyards Cape Town director Sefale Montsi
Five new tugboats to be added to Durban port operations this week – TNPA
16th August 2024 By: Schalk Burger

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... 


Magazine Cover Image
What auto industry wants from government to keep the wheels turning
16th August 2024 By: Irma Venter

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... 


An image of Investec's Dylan Govender
Weather conditions hinder deliveries
16th August 2024 By: Lynne Davies

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... 


Image of Port of Durban
Port of Durban road rehabilitation project, South Africa – update
16th August 2024 By: Sheila Barradas

Steady progress has been reported. 


Transnet Property CEO Advocate Kapei Phahlamohlaka
Transnet Property mulls investment-property vehicle as it moves ahead with sale of residential stock
13th August 2024 By: Terence Creamer

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... 


A $91bn trade means mining in one of the world's hottest places
A $91bn trade means mining in one of the world's hottest places
13th August 2024 By: Bloomberg

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... 


Newly installed capstan's at TNPA's Durban, Cape Town ports
New capstans to improve productivity at Durban, Cape Town ports
12th August 2024 By: Schalk Burger

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... 


A truck transporting containers
South Africa must focus on export competitiveness – Mavuso
12th August 2024 By: Schalk Burger

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,... 


Trucks and people at a border post between the DRC and Zambia
Zambia closes border with DRC, blocking key copper trade route
12th August 2024 By: Bloomberg

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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