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Logistics group Grindrod says it expects improved performance in the second half of the year as weather-related disruptions ease and rail capacity recovers. CEO Kwazi Mabaso reports that favourable conditions at the Port of Maputo drove a 30% increase in cargo volumes during the five months ended May, though performance at the company's Terminal de Carvão da Matola slowed by 8% owing to adverse weather in the Phalaborwa region between January and February that affected magnetite sourcing.
Rail access agreement signed, operations targeted for 2027Grindrod has signed a rail access agreement with the Transnet Rail Infrastructure Manager, formally enabling its participation in South Africa's Open Access Rail initiative. The company expects to start operations in 2027, initially transporting 288 000 t of material using two allocated slots on the North–East Corridor between Mpumalanga and Maputo, with plans to progressively increase volumes to 432 000 t a year subject to additional slot allocations.
Matola expansion on track, Richards Bay partnership pursuedGrindrod's expansion project at the Matola dry-bulk terminal in Maputo remains on track for hot commissioning in the first quarter of 2027, which will lift terminal capacity to 12-million tonnes a year. The company is also pursuing a presence at the Richards Bay port container handling facility, expected to be commissioned in 2028, and has indicated it will participate in Transnet's request for qualification to identify private sector partners for the Richards Bay dry-bulk terminal.
Grindrod Updates
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...
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...
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...
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 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...
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...
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...
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...
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...
The official groundbreaking ceremony was conducted on November 17, 2025.
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 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...
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...
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,...
The United Container Depots facility will provide a significant boost for agricultural exports from the Western Cape.
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...
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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