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Vehicle sales up 0.5% in 2023 – Naamsa
19th January 2024 By: Irma Venter

New-vehicle sales in the domestic market inched up by 0.5% in 2023 compared with 2022, says Naamsa | The Automotive Business Council. This follows jumps of 13.9% in 2022 and 22.2% in 2021. 


Image of LNG tanks
Richards Bay liquid natural gas bulk terminal, South Africa – update
19th January 2024 By: Sheila Barradas

Transnet National Port Authority has selected Vopak & TPL Consortium Venture to design, develop, build, finance, operate and maintain the liquefied natural gas terminal for 25 years. 


TNPA recently selected a preferred bidder for a 25-year LNG terminal concession in the Port of Richards Bay's South Dunes precinct
1 000 MW gas-to-power cap placed on Richards Bay for first gas procurement round
18th January 2024 By: Terence Creamer

While ‘location agnostic’, South Africa’s inaugural 2 000 MW gas-to-power (GtP) procurement round is limiting the development of facilities in the City of uMhlathuze, where KwaZulu-Natal’s... 


Coal loaded for transport by rail
Transnet plans to partially reopen coal line after derailment
18th January 2024 By: Reuters

South African freight rail operator Transnet plans to reopen the first of two coal lines to the country's major coal export terminal on Thursday after it was blocked following a train collision... 


Independent Power Producer Office head Bernard Magoro
Grid constraints cast shadow over South Africa’s seventh renewables bid window
17th January 2024 By: Terence Creamer

South Africa’s grid constraints are continuing to cast a shadow over the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the seventh bidding round for which was... 


Reserve Bank governor Lesetja Kganyago
South African inflation seen averaging 5% in 2024 – Kganyago
17th January 2024 By: Reuters

South African central bank governor, Lesetja Kganyago, said on Wednesday that the disinflation process had begun and that he expected inflation to average 5% this year. Speaking to the Reuters... 


Image of the Port of Maputo
Port of Maputo reports record volume for 2023
16th January 2024 By: Irma Venter

The Maputo Port Development Company (MPDC) says the Port of Maputo has achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public-private partnership... 


Author:  Dr Mthandazo Ngwenya, MD: Development Advisory and Impact at the Bigen Group.
Increasing complexity and cost dynamics of socioeconomics on mega infrastructure projects
16th January 2024

Many governments recognise the importance of undertaking large-scale and high-impact infrastructure projects as a significant lever to develop their people and allow for expanded access to... 


A railway line
Critical infrastructure failure the biggest business risk in South Africa this year
16th January 2024 By: Schalk Burger

Critical infrastructure blackouts have emerged as the number one risk for businesses in South Africa for the second consecutive year, highlighting the severe impact of power outages and the failure... 


Image of the Port of Cape Town
Cape Town calls for deadline on private sector port involvement
12th January 2024 By: Irma Venter

The City of Cape Town says it wants a “clear deadline” from Transnet and national government on private sector involvement in the Port of Cape Town.  With a private sector partner set to start... 


The Durban Container Terminal
Rival bidders question selection of proposed partner for Durban container terminal
12th January 2024 By: Bloomberg

South Africa’s selection of Filipino billionaire Enrique Razon’s harbour firm as a partner to revive sub-Saharan Africa’s biggest container port is being questioned by losing bidders. Companies... 


China's imports of Mongolian coal set to rise as transport improves
12th January 2024 By: Reuters

China's imports of Mongolian coking coal may rise to a record in 2024, after more than doubling in 2023, on improving transport links and its lower price versus domestic and international supplies,... 


Ferrexpo reports 33% slump in annual iron-ore pellet production
11th January 2024 By: Reuters

Ferrexpo reported a 33% slump in annual production of iron-ore pellets on Thursday as the Ukraine-focused miner waded through a second year of disruptions caused by the Russian invasion. The... 


Heraeus Precious Metals EVP Dr Philipp Walter
Hydrogen economy poised as key growth booster for platinum group metals – Heraeus
11th January 2024 By: Martin Creamer

The hydrogen economy is an important new growth area for platinum group metals (PGMs) and, in turn, PGMs are pivotal for hydrogen production and application across a broad front. Accentuating this... 


The Port of Richards Bay, which is currently a coal export hub, has been earmarked for gas infrastructure
Preferred bidder selected to build and operate Richards Bay LNG terminal
10th January 2024 By: Terence Creamer

South Africa’s State-owned Transnet National Ports Authority (TNPA) has announced that it has selected a public-private consortium as the preferred bidder to develop and operate a liquefied natural... 


The scaled-up gas-to-power capacity allocation in the draft IRP would initially require LNG imports
No plan yet for public hearings into gas-heavy draft IRP 2023
10th January 2024 By: Terence Creamer

The Department of Mineral Resources and Energy (DMRE) has belatedly released the background technical information that has been used to inform the assumptions included in the draft Integrated... 


new conveyor at Richards Bay Bulk Terminal
Richards Bay Bulk Terminal conveyor repairs remove 400 coal trucks from roads
10th January 2024 By: Darren Parker

One of three conveyor belts damaged in the October 2021 fires has returned to full operation at the Richards Bay Bulk Terminal, in KwaZulu-Natal, and will prioritise the handling of coal exports.... 


East London Terminals
TNPA to appoint panel to bridge ‘operational gaps’ at eight seaports
10th January 2024 By: Marleny Arnoldi

Transnet National Ports Authority (TNPA) is looking to appoint a panel of qualified service providers as terminal operators to step in and assist in closing “operational gaps” at its eight... 


Legislation
South Africa prepares Bill to form State-firm holding company
10th January 2024 By: Bloomberg

South Africa’s minister of public enterprises will soon introduce a bill in parliament to establish a government firm that will own and manage at least 13 of the country’s state-owned companies.... 


South Africa stocks lose $50bn in eight-year foreign exodus
South Africa stocks lose $50bn in eight-year foreign exodus
10th January 2024 By: Bloomberg

It’s been nearly a decade of waning foreign interest in South African stocks, with outflows exceeding $50-billion in that time. Last year was the eighth year in a row that foreign investors dumped... 


Image of the Ford factory in Pretoria
New-vehicle sales inch up 0.5% in 2023, exports at record levels 
9th January 2024 By: Irma Venter

New-vehicle sales in the domestic market inched up by 0.5% in 2023 compared with 2022, says Naamsa | The Automotive Business Council. This follows a 13.9% jump in 2022 and 22.2% growth in 2021. 


The Durban Container Terminal
Absa PMI ends 2023 on stronger footing as December business activity rises
8th January 2024 By: Darren Parker

Financial institution Absa’s Purchasing Managers’ Index (PMI) closed out 2023 on a somewhat stronger footing, rising by 2.7 points to 50.9 index points in December.  Absa said on January 8 that... 


Giyani Metals CEO Danny Keating.
IDC-funded Canada-Botswana battery manganese demo plant to be built in Joburg
20th December 2023 By: Martin Creamer

Giyani Metals is a company listed on the TSX Venture Exchange in Toronto, Canada. Through its wholly-owned Botswana subsidiary Menzi Battery Metals, Giyani is the owner of the past producing K.Hill... 


Coal shipments on Transnet freight-rail network have plunged to 30-year lows and iron-ore railings are at their lowest in a decade
Crumbling South African rail prompts Botswana to forge new route
19th December 2023 By: Bloomberg

Botswana has received unsolicited bids from investors to build a rail line to a Namibian port that will help avoid South Africa and its disintegrating logistics network. The 1 500 km... 


Oil rises on Red Sea jitters, Russian export cut
Oil rises on Red Sea jitters, Russian export cut
18th December 2023 By: Reuters

Oil rose on December 18 as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions and Russia's plan to lower exports in December provided additional support.... 


High drama awaits Africa in 2024
15th December 2023 By: Tara O’Connor

If all the world's a stage, and all the men and women merely players with their exits and their entrances, Africa is headed for high drama – a heart-stopping and pulse-racing 2024. The backdrop is... 


Transnet freight locomotives
Transnet halts plan to allow private companies to operate key rail line
14th December 2023 By: Bloomberg

State-owned ports and rail company Transnet withdrew a request for quotes for an operating lease on a freight-rail artery that connects its biggest port with its industrial hub, because changes in... 


A TFR locomotive
South Africa aims to fire up economic growth with port, rail revival
13th December 2023 By: Bloomberg

South Africa’s government and the business community set a target of boosting the economic growth rate by as much as six percentage points by fixing the country’s collapsing ports and freight-rail... 


Aerial view of the Arterial Industrial Estate
Growthpoint lets first two of six Arterial Industrial Estate units in Phase 1
12th December 2023 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint Properties has let the first two of six units in Phase 1 of its Arterial Industrial Estate development, in Cape Town, to paints and coatings... 


The Port of Richards Bay
Transnet issues South Dunes liquid bulk and green fuels terminal RFP
11th December 2023 By: Schalk Burger

The State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RFP) for the appointment of suitable terminal operator to fund, design, develop, operate, maintain and... 


ACI dips to levels last seen at start of Covid-19 as industry buckles under challenges
11th December 2023 By: Marleny Arnoldi

The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation Agribusiness Confidence Index (ACI) deteriorated by ten points to 40 in the fourth quarter of the year. Notably, Agbiz... 


generic doctor with stethoscope
Passage of NHI Bill would spell disaster for the health sector – BLSA
11th December 2023 By: Darren Parker

Business Leadership South Africa CEO Busi Mavuso has warned of the deteriorating health sector without the prospect of recovery, owing in large part to the passage last week of the National Health... 


An image showing tugs at the Port of Durban
TNPA increases tug availability at the Port of Durban
8th December 2023 By: Tasneem Bulbulia

The Transnet National Ports Authority (TNPA) has increased the number of tugs available to an average of six. The increased tug availability is set to complement the recently announced 24-hour... 


WA Premier shuffles Cabinet, takes on Johnson’s hydrogen portfolio
8th December 2023 By: Creamer Media Reporter

Western Australian Premier Roger Cook, who on Thursday refreshed his Cabinet ahead of the 2025 elections, will take responsibility for the hydrogen industry as part of his State and Industry... 


Transnet expects 175 vessel calls as cruise liner season opens
8th December 2023 By: Irma Venter

Transnet National Ports Authority (TNPA) says it expects 175 vessel calls at South African port cities in the 2023/24 cruise liner season, which opened earlier this month. The vessels are expected... 


Image of hydrogen electrolysis concept
Boegoebaai green hydrogen programme, South Africa – update
8th December 2023 By: Sheila Barradas

Financial adviser Mizuho International has been appointed to assist Sasol by facilitating an “international search for partners to co-invest and . . . complete further studies" at Boegoebaai. 


A straddle carrier
Spares deal expected to boost performance of straddle carriers at congested DCT Pier 2
7th December 2023 By: Terence Creamer

Transnet Port Terminals (TPT) has concluded a seven-year agreement with four original equipment manufacturers (OEMs) for the supply of critical spares for equipment across its terminals, including... 


Jupiter Mines chairperson Ian Murray
South Africa’s community engagement ahead of global peers, manganese AGM hears
6th December 2023 By: Martin Creamer

The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese... 


China to set up coal production reserve to stabilise prices
6th December 2023 By: Reuters

China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even as it aims to start phasing down coal use in the... 


Road Freight Association CEO Gavin Kelly
Greater govt support for multimodal efficiencies needed, experts agree
5th December 2023 By: Marleny Arnoldi

The cost of logistics in South Africa has increased significantly in the last eight years to about R800-billion a year at present and accounting for half of all products’ inherent costs. This... 


Agbiz CEO Theo Boshoff
Agbiz optimistic about market expansion with addition of new Brics members
5th December 2023 By: Marleny Arnoldi

With more countries to become members of the Brazil, Russia, India, China and South Africa (Brics) grouping, the South African agricultural industry will seek to deepen trade with these countries,... 


Trade, Industry and Competition Minister Ebrahim Patel
South African auto sector to produce first EVs in 2026, says Patel at launch of key White Paper
4th December 2023 By: Tasneem Bulbulia

The Department of Trade, Industry and Competition (dtic) on December 4 released the Electric Vehicles (EV) White Paper, as well as the Green Hydrogen Commercialisation Strategy final report.... 


The Durban Container Terminal
TNPA seeks bidders for big berth expansion at congested Durban terminal
4th December 2023 By: Terence Creamer

The Transnet National Ports Authority (TNPA) has issued a tender for the reconstruction, deepening and lengthening of three berths at the Pier 2 North Quay of the currently congested Durban... 


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