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Grindrod

Grindrod is a South African freight services and financial services group with operations across sub-Saharan Africa and internationally. The company is headquartered in Durban, South Africa, and is listed on the JSE Securities Exchange. Grindrod operates through several divisions, including port and terminals, shipping, logistics and financial services, providing integrated supply-chain solutions for bulk commodities, containers and breakbulk cargo. The group owns and operates port terminals, dry bulk shipping vessels, rail and road freight services, and cargo-handling facilities in multiple African countries. Grindrod has a significant presence in Mozambique, where it holds interests in port terminal concessions including the Port of Maputo through the Maputo Port Development Company joint venture. The company also provides banking and financial services through Grindrod Bank, which focuses on trade and commodity finance. Grindrod's shipping division operates a fleet of dry bulk carriers and tankers serving global trade routes. The group has undergone strategic restructuring in recent years, divesting non-core assets to focus on its freight logistics and financial services businesses. Grindrod was founded in 1910 as a shipping agency and has evolved into a diversified freight and logistics group with a strong footprint in African port and rail infrastructure.

Latest Articles in 60 Seconds

Grindrod unit joins rail push for Zimbabwe lithium exports through Maputo

Beitbridge Bulawayo Railway, a Grindrod unit, has partnered with Zimbabwe's National Railways and logistics firm Silvergill to move lithium concentrate by rail from Tsingshan Holding Group's Gwanda mine to the Port of Maputo, sending the first 1 000 t consignment. The roughly 1 000-km rail route runs from Gwanda through Beitbridge and Chicualacuala to Maputo, offering an alternative to costly, bottleneck-prone trucking as Zimbabwe's lithium exports to China grow.

Maputo volumes recovering, rail access deal targets 2027 start

Grindrod expects improved second-half performance as weather-related disruptions ease and rail capacity recovers, with Maputo cargo volumes up 30% over five months to May, though coal terminal TCM volumes fell 8% owing to weather affecting magnetite sourcing before recovering from March. Grindrod has signed a rail access agreement with the Transnet Rail Infrastructure Manager targeting 2027 operations on the North–East Corridor, moving 288 000 t initially, rising to 432 000 t a year, with a test train planned before year-end.

Reporting simplified, safety focus sharpened

CFO Fathima Ally says Grindrod will simplify segmental reporting from the 2026 financial year, aggregating former private equity, property and divested marine fuels businesses into the group segment. The ports and terminals segment posted a 38% Ebitda margin, within guidance, while a low lost-time injury rate of 0.2 was reported alongside a fatality at a Durban stevedoring business in June.

Grindrod Updates


Zimbabwean Minister of Mines and Mining Development Polite Kambamura shows lithium sulphate during a site visit at Prospect Lithium Zimbabwe, a lithium mine operated by a subsidiary of Chinese company Zhejiang Huayou Cobalt, in Goromonzi district, east of Harare
Zimbabwe adds freight rail option to lithium export gateway
21st July 2026 By: Reuters

Zimbabwe's State-owned railway company said on Tuesday its collaboration with private operators now provides capacity to haul lithium concentrate to Maputo port in Mozambique by rail, expanding... 


Image of a lump of graphite
Kasiya rutile/graphite project, Malawi – update
10th July 2026 By: Sheila Barradas

Rio Tinto has notified Aim- and ASX-listed Sovereign Metals that it will not exercise its option to elect to become operator of the project. 


Grindrod reports Maputo port volume rise, sees transport constraints easing
Grindrod reports Maputo port volume rise, sees transport constraints easing
10th July 2026 By: Lumkile Nkomfe

Logistics group Grindrod has highlighted that it expects an improvement in its overall performance in the second half of the year as weather-related disruptions ease and rail capacity recovers. CEO... 


Grindrod reports Maputo port volume momentum, says transport constraints expected to ease
Grindrod reports Maputo port volume momentum, says transport constraints expected to ease
24th June 2026 By: Lumkile Nkomfe

Logistics group Grindrod has highlighted that it expects an improvement in its overall performance in the second half of the year as weather-related disruptions ease and rail capacity recovers. CEO... 


Representatives form the train operating companies hold up rail access certificates at a ceremony addressed by various Transnet executives, including CEO Michelle Phillips (seated in green).
Eleven private train operators gear up for mainline entry after concluding access agreements
29th May 2026 By: Terence Creamer

The 11 private train operating companies (TOCs), which were last year allocated slots on South Africa’s mainline rail network, have now officially concluded rail access agreements with the Transnet... 


Grindrod secures rail access agreement, eyes 2027 start
Grindrod secures rail access agreement, eyes 2027 start
14th May 2026 By: Irma Venter

Logistics group Grindrod has confirmed that it has signed a rail access agreement (RAA) with the Transnet Rail Infrastructure Manager (TRIM), formally enabling its participation in South Africa’s... 


Representatives form the train operating companies hold up rail access certificates at a ceremony addressed by various Transnet executives, including CEO Michelle Phillips (seated in green).
Eleven private train operators gear up for mainline entry after concluding access agreements
13th May 2026 By: Terence Creamer

The 11 private train operating companies (TOCs), which were last year allocated slots on South Africa’s mainline rail network, have now officially concluded rail access agreements with the Transnet... 


Grindrod eyes Matola, Richards Bay growth opportunities as it completes strategic reset
20th March 2026 By: Irma Venter

Grindrod has completed its strategic reset, with the logistics group now moving into “disciplined growth execution”, says new CEO Kwazi Mabaso. Delivering the financial results for the year ended... 


Image of Grindrod CEO Kwazi Mabaso
Grindrod eyes Matola, Richards Bay growth opportunities as it completes strategic reset
6th March 2026 By: Irma Venter

Grindrod has completed its strategic reset and the logistics group is now moving into “disciplined growth execution”, says new CEO Kwazi Mabaso. Delivering the financial results for the year ended... 


Port of Maputo notches up record volumes
30th January 2026 By: Irma Venter

The Port of Maputo last year moved record volumes, handling a total of 32-million tons – a 3.4% increase compared with the previous year’s 30.9-million tons. The Maputo Port Development Company... 


Image of the the Port of Maputo
Port of Maputo notches up record volumes
13th January 2026 By: Irma Venter

The Port of Maputo last year moved record volumes as it handled a total of 32-million tons – a 3.4% increase compared with the previous year’s 30.9-million tons. The Maputo Port Development Company... 


Grindrod reports lower bulk mining commodity prices, terminals perform well to end-Nov
10th December 2025 By: Schalk Burger

In an update of its performance for the 11 months to November 30, JSE-listed logistics services company Grindrod says the average price of dry-bulk mining commodities decreased by 12% when compared... 


Mozambique map/flag
Matola terminal expansion, Mozambique – update
21st November 2025 By: Sheila Barradas

The official groundbreaking ceremony was conducted on November 17, 2025. 


João Jorge Matlombe lays the first brick of the new development
Grindrod launches Phase 1 of Matola terminal expansion
13th November 2025 By: Irma Venter

Grindrod has officially broken ground on Phase 1 of its Matola dry-bulk terminal expansion programme. The event saw Mozambique Transport and Logistics Minister João Jorge Matlombe launch Phase 1 of... 


Grindrod names insider as CEO
7th November 2025

Grindrod has announced that Kwazi Mabaso will succeed Xolani Mbambo as the JSE-listed group’s new CEO from December 1. Mabaso comes from within Grindrod’s ranks, where he serves as the CEO of... 


Phase 1 of Grindrod’s R200m Cape Town container facility opens
7th November 2025 By: Irma Venter

JSE-listed logistics group Grindrod has started operations at Phase 1 of a new United Container Depots (UCD) facility in Salt River, Cape Town. UCD, which is fully owned by Grindrod, also has... 


Namport CEO Andrew Kanime, Walvis Bay Mayor Trevino Forbes and Grindrod Logistics head Andrew Sturrock
Grindrod opens new Walvis Bay warehouse
31st October 2025 By: Irma Venter

Freight and logistics group Grindrod has opened a new warehouse in the Port of Walvis Bay, Namibia. Located near berths 7 and 8, the 4 000 m² facility is designed for cargo movement via conveyor,... 


Image of reefers
United Container Depots facility, South Africa
24th October 2025 By: Sheila Barradas

The United Container Depots facility will provide a significant boost for agricultural exports from the Western Cape. 


Kwazi Mabaso
Grindrod appoints new CEO from within its own ranks
17th October 2025 By: Irma Venter

Grindrod has announced that Kwazi Mabaso will succeed Xolani Mbambo as the JSE-listed group’s new CEO from December 1. Mabaso comes from within Grindrod’s ranks, where he serves as the CEO of... 


The UCD depot in Salt River
Grindrod opens Phase 1 of R200m container facility in Cape Town
15th October 2025 By: Irma Venter

JSE-listed logistics group Grindrod has started operations at Phase 1 of a new United Container Depots (UCD) facility in Salt River, Cape Town. UCD, which is fully owned by Grindrod, also has... 


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