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Rail

Ctrack transport, freight index shows deterioration in all but one of six sectors tracked
29th March 2024 By: Irma Venter

After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1%, compared with December’s 121.9. The extent of... 


Magazine cover image
Gautrain Management Agency chief speaks on extension plans, service enhancements
29th March 2024 By: Tasneem Bulbulia

The Gautrain Management Agency (GMA) is re-engineering the company for full commercialisation while undertaking extension plans and pursuing enhancements for the Gautrain system, with many of these... 


Rail, ports reforms gaining traction
Rail, ports reforms gaining traction
28th March 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the key reforms being pursued across the rail and ports sectors; the recent publication of a rail network statement and the subsequent concerns... 


Transnet Freight Rail’s North Corridor achieves weekly record
26th March 2024 By: Tasneem Bulbulia

Transnet Freight Rail’s (TFR’s) North Corridor accomplished the delivery of 1.41-million tonnes last week, marking the most substantial weekly performance in terms of volume for the current... 


Grindrod to spend big at Maputo’s Matola drybulk terminal to grow capacity
22nd 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 earlier this month, CEO... 


Rail
Transnet chief urges formal comment on Network Statement while acknowledging cool reception to tariff methodology
20th March 2024 By: Terence Creamer

Transnet CEO Michelle Phillips has acknowledged the initial negative reaction to a proposed tariff methodology published for comment by the interim Infrastructure Manager (IM) alongside the... 


Thirty-one countries to start trading under AfCFTA Agreement this year
18th March 2024 By: Sabrina Jardim

Amid the increasing importance of intra-African trade, 31 countries are expected to start trading under the African Continental FreeTrade Area (AfCFTA) Agreement by the end of the year, South... 


Reserve Bank governor Lesetja Kganyago
South Africa should get off global regulator's 'grey list' in 2025, says Kganyago
13th March 2024 By: Reuters

South Africa's central bank governor said on Wednesday that he was confident the country would be removed from an international financial crime watchdog's "grey list" next year, given the work that... 


A locomotive and wagons owned by Transnet Freight Rail
Africa’s biggest freight rail market set for private operators
13th March 2024 By: Bloomberg

Africa’s biggest freight rail market is on the cusp of being transformed by private operators, the head of the operator of the continent’s largest rolling-stock fleet said. The South African... 


Broad-based weakness evident in the logistics sector – Ctrack index
Broad-based weakness evident in the logistics sector – Ctrack index
12th March 2024 By: Irma Venter

After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1% compared with December’s 121.9. The extent of... 


Locomotives used by Transnet Freight Rail
GDP figures cap decade of negative GDP per capita growth – BLSA
11th March 2024 By: Schalk Burger

While the gross domestic product (GDP) growth for the fourth quarter of 2023 was 0.1%, growth was negative in terms of GDP per capita, given that population growth is outpacing it. "We have been... 


Business Unity South Africa president Mxolisi Mgojo
Mgojo says collaborative efforts will enable Transnet to report higher volumes than initially forecast
8th March 2024 By: Terence Creamer

Business Unity South Africa president Mxolisi Mgojo reports that the collaboration between business and government to turn around the performance of Transnet could result in the struggling... 


Photo of Terence Creamer
Business, govt meet to discuss electricity, logistics reforms
8th March 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the latest meeting held between senior business leaders and President Cyril Ramaphosa and his Cabinet; the feedback provided on efforts to tackle... 


Ctrack index points to another year of ‘fairly subdued’ transport-sector growth
8th March 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... 


SCOTT EDMUNDSON
By creating an international registry for recognising and enforcing creditor and lessor rights, these treaties aim to reduce financing costs and risks
Immediate actions needed to foster a more competitive rail industry
8th March 2024 By: Simone Liedtke

South Africa’s rail sector is faced with unprecedented challenges that threaten its operational viability and economic contribution, says law firm Webber Wentzel partner Scott Edmundson, who says... 


LEONARD DE VILLIERS
Challenges have resulted in significant disruptions and inefficiencies in the country’s transportation network
Local expertise needed to address challenges
8th March 2024

Despite having the most advanced railway system on the continent, with about 30 000 km of track, the South African rail and transportation sector is currently facing numerous significant... 


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... 


Business welcomes appointment of new Transnet leadership
Business welcomes appointment of new Transnet leadership
1st March 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the business community's reaction to the appointment of permanent executive leadership at Transnet; signs that the turnaround and reforms at... 


Acting TFR CEO Russell Baatjies and Sasol CEO Fleetwood Grobler (seated at centre) sign the agreement, in front of their respective teams, including (standing from left to right) Mario Klaasen, Loven Naidoo, Bonginkosi Mabaso, Pierre Koch, Pierre Taljaard and Kevin Govender, with Ayanda Mokhesi seated to the left of Baatjies and Brad Griffith and David Mokomela seated to Grobler’s right
Cabinet and business praise Sasol and TFR for ‘first-of-its-kind’ partnership to repair 128 ammonia tankers
29th February 2024 By: Terence Creamer

Both Cabinet and organised business have lauded the five-year public-private partnership agreement between Sasol and Transnet Freight Rail (TFR), under which the energy and chemicals group will... 


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... 


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... 


Private rail network investment expected to focus on bulk freight at first – Traxtion
22nd February 2024 By: Schalk Burger

Private rail operator Traxtion expects the first investment into private freight train capacity to be announced later this year and to be focused on the bulk freight sectors. This is excellent for... 


Minerals Council CEO Mzila Mthenjane
Fiscal discipline in Budget, but 5% infrastructure expenditure increase ‘barely positive’ – Minerals Council
22nd February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana maintained focus on fiscal discipline and balancing the need to address socioeconomic challenges facing the country, industry organisation Minerals Council South... 


Special Investigating Unit
SIU gets green light from Ramaphosa to investigate Home Affairs, PRASA
20th February 2024 By: Sashnee Moodley

The Special Investigating Unit is set to probe maladministration at Home Affairs and the Passenger Rail Agency of South Africa following proclamations signed by President Cyril Ramaphosa. The... 


An image of Dr Bridget Ssamula
S Africa’s infrastructure at a crossroads – council
16th February 2024 By: Lumkile Nkomfe

Industry body Engineering Council of South Africa (ECSA) has emphasised the significance of maintenance as a proactive measure against further decay of South Africa’s infrastructure. The council... 


Critical infrastructure blackouts top business risk in SA – Allianz
16th February 2024

For the second consecutive year, international financial services provider Allianz’s Risk Barometer indicates that critical infrastructure blackouts, attributed to power outages and the failure of... 


Locomotives owned by Transnet Freight Rail
EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the... 


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... 


An image depicting Ivanhoe Mines co-chairperson Robert Friedland
HPX, Liberian govt, Guma sign letter of intent to develop Liberty Corridor
12th February 2024 By: Sabrina Jardim

US-based mineral exploration and development company High Power Exploration (HPX), which is backed by Ivanhoe Mines co-chairperson Robert Friedland, has signed a letter of intent (LoI) with the... 


DFC announces new financing for Lobito Corridor
9th February 2024 By: Sabrina Jardim

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic... 


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... 


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