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Busa president and Discovery CEO Adrian Gore
Gore warns of ‘plateauing’ pace of delivery on power, logistics, crime reforms
29th November 2023 By: Terence Creamer

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 


The Port of Cape Town
Cape Town container terminal clears most of vessel backlog
29th November 2023 By: Schalk Burger

The Cape Town Container Terminal (CTCT) has cleared most of its backlog, berthing vessels on arrival with only one vessel at anchor, State-owned Transnet Port Terminals (TPT) reports. The terminal... 


Shipping container
100 000 containers now stuck outside three SA ports - as new penalties and price hikes loom
29th November 2023 By: News24Wire

In recent weeks, container ships have been bypassing the congested and delay-ridden Cape Town harbour to berth at the Port of Port Elizabeth in Gqeberha and the Ngqura (Coega) port, reports the... 


ArcelorMittal South Africa CEO Kobus Verster
ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan
28th November 2023 By: Terence Creamer

ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business... 


An image showing Road Freight Association CEO Gavin Kelly
RFA, SAAFF, Hume reiterate concern about South Africa’s logistics performance
28th November 2023 By: Tasneem Bulbulia

Representative organisation the Road Freight Association (RFA) emphasises that the deterioration of South Africa’s ports and rail has been a slow, continued process over at least ten years, and... 


Containers on a ship at sea
South Africa seeks re-election to council of global shipping regulator
28th November 2023 By: Rebecca Campbell

The Department of Transport (DoT) has announced that it has launched a campaign to get South Africa re-elected to the Council of the International Maritime Organisation (IMO), for the period... 


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... 


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... 


Magazine Cover image
Prosecutions coupled with zero-tolerance culture key to fighting SA’s corruption scourge
24th November 2023 By: Darren Parker

Corruption has long been an unhappy and increasingly harmful feature of the South African political, economic and business landscape. The extreme scale of this insidious problem came into sharp... 


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... 


Magazine Cover image
Prosecutions coupled with zero-tolerance culture key to fighting SA’s corruption scourge
24th November 2023 By: Darren Parker

Corruption has long been an unhappy and increasingly harmful feature of the South African political, economic and business landscape. The extreme scale of this insidious problem came into sharp... 


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 Port of East London
Stefanutti named preferred bidder for East London port N-berth deepening, strengthening project
22nd November 2023 By: Creamer Media Reporter

The Transnet National Ports Authority (TNPA) has chosen multidisciplinary construction group Stefanutti Stocks as the preferred bidder for work package one of the Port of East London’s N-berth... 


South African Association of Freight Forwarders CEO Juanita Maree
SAAFF warns of rising port-congestion costs
22nd November 2023 By: Terence Creamer

The South African Association of Freight Forwarders (SAAFF) estimates that the current congestion at South Africa’s ports is costing at least R124-million a day in direct and indirect costs. With... 


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 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... 


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... 


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... 


TNPA issues Eol for small, medium-scale LNG imports
17th November 2023 By: Irma Venter

Transnet National Ports Authority (TNPA) has published an expression of interest (EoI) document to determine market appetite for small- to medium-scale liquefied natural gas (LNG) imports through... 


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 


Unemployment
SA sees job growth, but it's cold comfort for millions of unemployed youth left behind
15th November 2023 By: News24Wire

Young people aged 15 to 34 years had an unemployment rate of 43.4% in the third quarter, compared with 45.3% in the second, according to Statistics SA. The decline mimicked the drop in the... 


The Moody's logo
Moody’s places Transnet on review for ratings downgrade
14th November 2023 By: News24Wire

Moody’s Investors Service has placed Transnet on review for a potential credit ratings downgrade due to concerns over liquidity and refinancing risks for the struggling state-owned freight, port... 


Bongani Mankewu
The Third Party Introduction to Transnet Freight Railways Should not Translate to Privatize Keynesianism
13th November 2023

By Bongani Mankewu – Director of the Infrastructure Finance Advisory Institute Blurb: The Meiji Restoration of 1868 in Japan, which began massive industrialization under the motto fukoku kyōhei... 


Johannesburg-based Afro-Middle East Centre executive director Na'eem Jeenah
Indlulamithi 2035 scenarios predict possibility of new govt pushing to end corruption, reduce crime
10th November 2023 By: Thabi Shomolekae

The Indlulamithi South Africa Scenarios 2035 initiative, which was launched in 2017, has involved conversations about the country’s trajectory and through robust research it has since been able to... 


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.... 


Image of City of Cape Town Economic Growth MMC James Vos 
Transnet expects 175 vessel calls as cruise liner season opens
9th November 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... 


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... 


Transnet, deciduous fruit industry cooperating to improve export season logistics performance
8th November 2023 By: Schalk Burger

State-owned Transnet and its subsidiary organisations are engaging weekly with various fruit industry organisations, namely Hortgro, the South African Table Grape Industry and the Fresh Produce... 


Transnet logo
Pension pay-outs to Transnet execs involved in inflated breathalyser-straw procurement interdicted
8th November 2023 By: Terence Creamer

Pension pay-outs to two former Transnet executives linked to fruitless and wasteful expenditure of R33.5-million arising from the acquisition of a million disposable breathalyser straws, procured... 


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... 


The Vasco da Gama cruise ship
Port Elizabeth port to welcome 37 560 passengers as cruise season starts
8th November 2023 By: Schalk Burger

The arrival of cruise ship the Vasco da Gama at the Port of Port Elizabeth marked the start of the 2023/24 cruise season in Gqeberha, and the city expects to welcome to its shores 37 560 passengers... 


The Durban port
Shipping giants hit SA containers with congestion charges amid massive delays at ports
7th November 2023 By: News24Wire

Shipping giants Mediterranean Shipping Company (MSC) and Maersk have announced a costly fee for congested vessels this December due to severe delays at South African ports.  In its announcement,... 


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... 


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... 


An image of BLSA CEO Busi Mavuso
BLSA outlines positives of two trade conferences
6th November 2023 By: Tasneem Bulbulia

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has highlighted the past week as “important for South Africa’s trade and investment prospects”, with the African Growth... 


Colossal Concrete Products reopens plant to manufacture railway sleepers
Colossal Concrete Products reopens plant to manufacture railway sleepers
5th November 2023

Southern Africa’s largest manufacturer of railway sleepers Colossal Concrete Products has reopened its mothballed De Aar factory in the Northern Cape, following the conclusion of a one-year... 


Menar MD Vuslat Bayoglu
South Africa has the skills to resolve the Transnet issue – Menar
3rd November 2023 By: Martin Creamer

South Africa has the skills to resolve the Transnet issue, says Vuslat Bayoglu, the MD of Menar, a private investment company with an actively managed and growing portfolio of mining assets... 


Photo of Terence Creamer
Power in policy
3rd November 2023 By: Terence Creamer

Mineral Resources and Energy Minister Gwede Mantashe has never disguised the fact that he believes that Eskom could be turned around and loadshedding ended if he was made the shareholder-minister... 


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