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Tanzania plans new $5.6bn rail line to iron-ore, coal-rich area
28th November 2023 By: Bloomberg

Tanzania is seeking $5.6-billion for a new railway in the south linking the Indian Ocean to Lake Nyasa and traversing regions rich in iron-ore, coal and graphite. The East African nation is looking... 


The Newcastle Works
3 500 jobs at risk as ArcelorMittal mulls closure of longs units at Newcastle, Vereeniging
28th November 2023 By: Terence Creamer

Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and... 


PRASA dismisses employee following fraud investigation
24th November 2023 By: Schalk Burger

State-owned passenger rail company the Passenger Rail Agency of South Africa (PRASA) has dismissed an employee for the alleged theft of R34.5-million. PRASA detected irregular payments during... 


R5 coin
Reserve Bank slightly more positive about inflation, but Transnet crisis now serious threat
24th November 2023 By: News24Wire

Even after annual consumer inflation shocked the market on the upside on Wednesday, rising to 5.9% in October – higher than any economist surveyed had forecast – the Monetary Policy Committee kept... 


Photo of Terence Creamer
Loadshedding and port congestion make headlines
24th November 2023

Creamer Media editor Terence Creamer discusses the lagging procurement of new electricity generation and addition of crucial grid infrastructure, as well as the dire situation at Transnet's ports... 


President Cyril Ramaphosa
Ramaphosa talks tough over Transnet incompetence as ports nightmare rages on
24th November 2023 By: News24Wire

President Cyril Ramaphosa vowed that Transnet would shed itself of incompetence and address the major backlogs at the country's ports. If not, it could see the economy continue to bleed. On... 


An aerial view of load haul dump trucks carrying sand and rubble from the construction site of Pensana's Longonjo Mine in Angola
Angolan rare earth project construction progressing
24th November 2023

Magnet metals miner Pensana, continuing with the site development works for its rare-earth elements Longonjo project, in Angola, reported towards the end of August that it was progressing with site... 


Photo of Terence Creamer
Light from the tunnel?
24th November 2023 By: Terence Creamer

Reform progress in South Africa rarely moves in a straight line from A to B, with the stop/start nature of the country’s electricity reform being a case in point. Nevertheless, there is a... 


Reserve Bank Governor Lesetja Kganyago
Reserve Bank's MPC keeps rates on hold
23rd November 2023 By: News24Wire

For its final decision of the year, the Monetary Policy Committee left South Africa’s key interest rate unchanged at 8.25% for a third consecutive meeting, in line with economists’ expectations.... 


Oranges packed in a box
Citrus exports lower than forecast as headwinds persist
22nd November 2023 By: Creamer Media Reporter

Southern African citrus growers packed 165.1-million cartons for delivery to global markets during the 2023 export season – an increase of about 800 000 cartons year-on-year but 500 000 cartons... 


The Durban Container Terminal
No ‘overnight’ solution to vessel congestion at Durban container terminal
20th November 2023 By: Terence Creamer

The prevailing backlog of ships at anchorage outside the country’s largest container terminal is currently forecast to be cleared only by the end of February amid persistent equipment shortages and... 


Image of Barloworld emblems and flags
Barloworld expects slowdown in mining equipment sales as commodity cycle cools
20th November 2023 By: Irma Venter

Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are... 


BHP train drivers to start 'restrained' industrial action on Friday
BHP train drivers to start 'restrained' industrial action on Friday
20th November 2023 By: Reuters

Around 400 train drivers for BHP's Western Australian iron ore division will begin industrial action late this week after rejecting an offer that they said fell short on working schedules, a union... 


Picture of a truck painted on a road
South African export route to Mozambique shut as violence erupts
17th November 2023 By: Bloomberg

The road leading to South Africa’s main border with Mozambique, a key export route for coal and chrome, was closed on Friday after clashes between truck drivers and minibus taxi operators who’d... 


image of the port of Richards Bay
Richards Bay Port says it ‘may’ halt trucks carrying cargo to the port; RFA outraged
17th November 2023 By: Irma Venter

Richards Bay Transnet Port Terminals (RCB TPT) says it “may” suspend the processing of trucks bringing cargo into its terminals by road. Only trucks whose vessels have been already nominated shall... 


TFR locomotives
More than half of copper cables on TFR's lines replaced with aluminium alternative
17th November 2023 By: Darren Parker

Transnet has, so far, replaced about 55% of the copper cables across its national railway network with an aluminium conductor steel reinforced (ACSR) cable called Tiger Wire, Transnet Freight Rail... 


QRC appoints BMA's Lancey its president
17th November 2023 By: Creamer Media Reporter

The Queensland Resources Council (QRC) has appointed Adam Lancey its new president, succeeding Brent Gunther who is stepping down after four years in the role. Lancey is asset president of BHP... 


Sasol Secunda
Gas-supply cliff is South Africa’s next crisis, energy body says
17th November 2023 By: Bloomberg

South Africa’s supply of natural gas is set to plunge within the next three to four years and there’s a risk of a shortfall triggering the country’s next economic crisis, the head of an industry... 


Image of oil pipeline at sunset
East African Crude Oil Pipeline, Uganda/Tanzania
17th November 2023 By: Sheila Barradas

Shareholders plan to build a 1 443 km crude oil export pipeline from Kabaale–Hoima, in Uganda, to the Chongoleani peninsula near Tanga port, in Tanzania. 


NFM copper image
Non Ferrous Metal Works (NFM)
17th November 2023

Non Ferrous Metal Works (NFM) Group is one of the leading non-ferrous metallurgical manufacturers and suppliers in Southern Africa. With its head office and production facilities situated south of... 


Image of New Acland mine
New Acland Stage 3 coal mine expansion project, Australia – update
17th November 2023 By: Sheila Barradas

New Acland Coal is at the centre of legal proceedings initiated by the Queensland Conservation Council. 


EXPORT IMPACT
Challenges have affected South African iron-ore producers over the past two years with lower-than-expected export volumes
Opportunities unlocked through addressing fundamentals
17th November 2023

While it is home to several significant iron-ore producers, amid the opportunities within the African iron-ore industry there are also significant challenges, as all bulk material operations... 


a raw piece of copper ore on a black background
New processing chemicals supplied to copper miner
17th November 2023 By: Halima Frost

Consequent to a complete ore characteristics analysis for a new client in the copper processing sector, South African chemical company Axis House has supplied collectors, depressants and frothers... 


an image depicting concrete sleepers in a stockpile
Concrete manufacturer reopens manufacturing plant
17th November 2023 By: Sabrina Jardim

Precast concrete manufacturer Colossal Concrete Products reopened its De Aar manufacturing plant, in the Northern Cape, in September following the conclusion of a one-year contract with State-owned... 


An image depicting Chris Campbell
South African construction sector – challenging at present but hope remains
17th November 2023

Amid the slow release of standardised bidding criteria by public sector entities, the South African civil engineering and construction sector is described as being on a “hiatus”, with it being... 


Huawei looks to accelerate rail’s digital transformation
17th November 2023 By: Natasha Odendaal

Information and communications technology giant Huawei is making inroads in delivering connectivity solutions that enable the digital transformation of the railway industry in the Southern African... 


Resources Watch
Resources Watch
16th November 2023

This week: South Africa has the skills to resolve the Transnet issue – Menar, and, AngloGold reaffirms 2023 production guidance 


Amith Singh
Driving South Africa forward by laying a solid foundation for the manufacturing sector
16th November 2023

Developing South Africa (SA) into a manufacturing dream performer is an ideal worth pursuing. This is particularly clear after an illuminating week at South African Auto Week. Auto Week, the... 


South Africa must recover State capacity to drive inclusive growth, seize green opportunities
15th November 2023 By: Schalk Burger

Two broad challenges – collapsing State capacity and spatial exclusion – have led to South Africa's economy being defined by stagnation and exclusion and the country needs a strategy to recover... 


From left ECEC deputy marketing director  Xia Lungang, Nyanza CEO Donovan Chimhandamba, ECEC chairperson Li Lixin, Nyanza chairperson William Mathamela.
South Africa’s ilmenite poised for huge value boost following China signing
15th November 2023 By: Martin Creamer

South African ilmenite used to manufacture titanium dioxide pigment in KwaZulu-Natal has received a major value boost with the signing of an engineering, procurement and construction (EPC) contract... 


Former McEwen CFO joins Nevada Copper board
15th November 2023 By: Mariaan Webb

Anna Ladd-Kruger, the former CFO of McEwen Mining, has been appointed to the board of Toronto-listed Nevada Copper, which is ramping up its Pumpkin Hollow underground mine in the US. Ladd-Kruger... 


New-vehicle sales down 1.8% y/y in the third quarter, but NEV sales rise
15th November 2023 By: Marleny Arnoldi

New-vehicle sales declined by 1.8% year-on-year in the third quarter of this year, but increased by 6.3% quarter-on-quarter. Notably, new energy vehicle (NEV) sales by 17 industry brands increased... 


Ivanhoe founder Robert Friedland
Ivanhoe declares maiden mineral resource estimates for two DRC copper discoveries
13th November 2023 By: Creamer Media Reporter

TSX-listed Ivanhoe Mines has published independently verified, maiden mineral resource estimates for the high-grade Makoko and Kiala deposits, within the Western Foreland exploration project, in... 


Eramet bets on lithium as it invests more in large mines
Eramet bets on lithium as it invests more in large mines
13th November 2023 By: Reuters

Eramet will go ahead with plans to add more capacity in Argentina for the battery mineral lithium and aims to double nickel mine output in Indonesia, in an investment push it sees withstanding a... 


Trevor Manuel
Africa must do more to advance its own development – Manuel
10th November 2023 By: Schalk Burger

Africa's business sector and governments must push harder in addressing the challenges facing the continent, as the biggest threat to its development is complacency, said insurance and investment... 


SINKING FEELING: South Africans responded with a mix of anger and resignation as the country’s other large and failing State-owned enterprise, Transnet, move to secure taxpayer support for its turnaround plan only months after Eskom was granted a R254-billion debt-relief package. The Transnet leadership have warned that absent an injection and debt relief the recovery plan will fail. The plan does open the door for more private sector participation in the ailing ports and rail systems, however. Photograph: Bloomberg
SINKING FEELING
10th November 2023

South Africans responded with a mix of anger and resignation as the country’s other large and failing State-owned enterprise, Transnet, move to secure taxpayer support for its turnaround plan only... 


Christelle Grohmann
Collaborative strategies are key to overcoming South Africa’s poor rail, logistics performance
10th November 2023

South Africa's transport infrastructure, particularly its rail and logistics systems, are under severe strain, raising critical concerns about the nation's economic growth and employment prospects.... 


Minister of Public Enterprises Pravin Gordhan
'There is nothing we can do.' Gordhan bemoans 'unreasonable' Chinese rail company
9th November 2023 By: News24Wire

"Transnet needs help," chairperson Andile Sangqu told MPs on Wednesday in an appeal to the government to take on some of its unsustainable debt burden and fund its turnaround plan. Transnet has a... 


A TFR locomotive
Indebted Transnet rolls over R7bn loans for four months
8th November 2023 By: Bloomberg

Transnet rolled over R7-billion of debt due this week until March, giving the South African State-owned port and rail company relief for four months. The bonds, which were due November 6, were... 


Manganese ore on a conveyor
Private South Africa port project set to boost manganese exports
7th November 2023 By: Bloomberg

The Logistics Group has built a port facility in South Africa that will enable increased volumes of a key battery metal to be offloaded from one of the world’s longest freight trains for export as... 


The year that was for agriculture and what to expect in 2024
7th November 2023

By John Hudson, head of agriculture: Nedbank Commercial Banking The year 2023 has been a tricky one that has needed to be carefully navigated. In many ways it has been a year of consolidation and... 


Rail line
Cabinet likely to consider freight logistics roadmap in February - Ntshavheni
6th November 2023 By: Terence Creamer

The Department of Transport is undertaking a two-part consultation programme on the Roadmap for the Freight Logistics System in South Africa ahead of Cabinet approval, which is unlikely before... 


Home Affairs Minister Aaron Motsoaledi
South Africa risks losing business investment over visa ‘chaos’
6th November 2023 By: Bloomberg

In one of the world’s most unequal nations an acute shortage of skilled workers is restraining already tepid growth, limiting job creation and pushing some foreign investors to think about moving... 


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