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Nedbank outgoing CEO Mike Brown
Nedbank looks to investment banking for growth under new CEO
11th April 2024 By: Bloomberg

South Africa’s Nedbank Group is hoping to hire more investment bankers as it seeks to take advantage of a surge of deals in renewable energy, water and logistics in Africa’s most developed economy.... 


An image showing the Newlyn Group unveileng the Newlyn PX Bayhead rail terminal
Newlyn launches R3.4bn multimodal rail terminal at Durban port
5th April 2024 By: Tasneem Bulbulia

Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and... 


Image of bpSA CEO Taelo Mojapelo
DP World wins big as bpSA outsources its secondary transport ops
4th April 2024 By: Irma Venter

DP World will take over bp Southern Africa’s (bpSA’s) Cape Town, Johannesburg, Pretoria and Rustenburg logistics operations as the energy group has opted to outsource its secondary transport. In... 


Ctrack transport, freight index shows deterioration in all but one of six sectors tracked
29th March 2024 By: Irma Venter

After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1%, compared with December’s 121.9. The extent of... 


An image showing new equipment at the Richards Bay Multipurpose Terminal
Richards Bay Multipurpose Terminal takes delivery of cargo handling equipment
26th March 2024 By: Tasneem Bulbulia

The Richards Bay Multipurpose Terminal (MPT) has taken delivery of new cargo handling equipment, aiding the loading of export coal, magnetite, chrome and pig iron aboard calling Cape-sized vessels.... 


Unitrans Solutions executive Jacques Greeff
Unitrans upgraded centre of excellence to enhance African clients' supply chains
25th March 2024 By: Schalk Burger

Logistics and supply chain company Unitrans has launched its upgraded centre of excellence (COE) to drive improvements in operating cost efficiencies and safety for drivers and vehicles, which are... 


Grindrod to spend big at Maputo’s Matola drybulk terminal to grow capacity
22nd March 2024 By: Irma Venter

Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 earlier this month, CEO... 


An image DHL Global Forwarding MEA CEO Amadou Diallo
Europe’s energy demand boosts Africa’s importance
22nd March 2024 By: Trent Roebeck

Ongoing geopolitical tensions and conflicts – such as the war between Ukraine and Russia, and trade tensions between China and the US – are increasing the trend of European countries investing in... 


An image depicting the Cape Town MPT
Cape Town MPT records 43% volume increase in agri-bulk
18th March 2024 By: Sabrina Jardim

The Cape Town Multi-Purpose Terminal (MPT) has increased volume throughput in the agricultural bulk sector by 43% in the year-to-date. In January, the terminal handled 25 704 t of agricultural bulk... 


Thirty-one countries to start trading under AfCFTA Agreement this year
18th March 2024 By: Sabrina Jardim

Amid the increasing importance of intra-African trade, 31 countries are expected to start trading under the African Continental FreeTrade Area (AfCFTA) Agreement by the end of the year, South... 


A unitrans tanker at a depot in the setting sun
Company invests in driver, vehicle management systems
15th March 2024 By: Halima Frost

Specialist transport group Unitrans continues to invest heavily in various event-based in-vehicle management systems (IVMS) to ensure the safety of its drivers, fleet and cargo in its chemical and... 


Broad-based weakness evident in the logistics sector – Ctrack index
Broad-based weakness evident in the logistics sector – Ctrack index
12th March 2024 By: Irma Venter

After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1% compared with December’s 121.9. The extent of... 


Locomotives used by Transnet Freight Rail
GDP figures cap decade of negative GDP per capita growth – BLSA
11th March 2024 By: Schalk Burger

While the gross domestic product (GDP) growth for the fourth quarter of 2023 was 0.1%, growth was negative in terms of GDP per capita, given that population growth is outpacing it. "We have been... 


Business Unity South Africa president Mxolisi Mgojo
Mgojo says collaborative efforts will enable Transnet to report higher volumes than initially forecast
8th March 2024 By: Terence Creamer

Business Unity South Africa president Mxolisi Mgojo reports that the collaboration between business and government to turn around the performance of Transnet could result in the struggling... 


Photo of Terence Creamer
Business, govt meet to discuss electricity, logistics reforms
8th March 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the latest meeting held between senior business leaders and President Cyril Ramaphosa and his Cabinet; the feedback provided on efforts to tackle... 


Ctrack index points to another year of ‘fairly subdued’ transport-sector growth
8th March 2024 By: Irma Venter

The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South... 


LEONARD DE VILLIERS
Challenges have resulted in significant disruptions and inefficiencies in the country’s transportation network
Local expertise needed to address challenges
8th March 2024

Despite having the most advanced railway system on the continent, with about 30 000 km of track, the South African rail and transportation sector is currently facing numerous significant... 


DENYS HOBSON
Global growth is expected to be subdued, if not stagnant, in 2024
Close collaboration essential to ensure competitive market, industry
8th March 2024

Global growth is expected to be subdued, if not stagnant, in 2024, and amid this slow growth and some challenging market conditions, global trade is also expected to be sluggish, says financial... 


Grindrod to spend big at Matola terminal as MPDC grows Maputo capacity
Grindrod to spend big at Matola terminal as MPDC grows Maputo capacity
7th March 2024 By: Irma Venter

Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 on Thursday, CEO Xolani... 


National Treasury director-general Dr Duncan Pieterse
PPP reforms could avert need for prescribed-assets policy to increase private infrastructure investment – Pieterse
1st March 2024 By: Terence Creamer

National Treasury director-general Dr Duncan Pieterse says the reforms being proposed to facilitate greater private sector investment into infrastructure could obviate the need to introduce a... 


TFR train
Business sees appointment of Phillips as key step in accelerating Transnet Recovery Plan
29th February 2024 By: Terence Creamer

Organised business says the appointment of a permanent executive team at Transnet – led by CEO Michelle Phillips, who has been acting in the role since September and who has been with the utility... 


BCG highlights challenges, opportunities amid energy transition
28th February 2024 By: Sabrina Jardim

Amid the global transition to cleaner energy sources, African countries face various challenges and opportunities pertaining to the adoption of renewable energy. Consulting firm Boston Consulting... 


Bidvest sells 27.5% in logistics unit to investment firm Akhona
28th February 2024 By: Bloomberg

A subsidiary of South African conglomerate Bidvest Group is selling a 27.5% stake in a logistics business to black women-owned financial firm Akhona Strategic Investments. Akhona, headed by former... 


Image of the Malawian flag
Arise IIP signs deal with Malawi to build R3bn SEZ, dry port
26th February 2024 By: Irma Venter

Arise Integrated Industrial Platforms (ARISE IIP) has signed a development agreement with the government of Malawi for the construction of a R3-billion special economic zone (SEZ) and dry port in... 


BLSA CEO Busisiwe Mavuso
‘Deep’ reforms, Transnet appointments key to dealing with South Africa’s logistics crisis – BLSA
26th February 2024 By: Sabrina Jardim

With commodity prices declining and mining companies being unable to get output to their markets owing to issues with the rail and port services that State-owned utility Transnet provides, business... 


Image of the Suez Canal
Global unrest fuelling shipping costs, consumers to feel it within a year – Unctad
23rd February 2024 By: Irma Venter

The United Nations Conference on Trade and Development (Unctad) estimates that transits passing through the Suez Canal have decreased by 42% compared with its peak, owing to attacks on Red Sea... 


Image of the MV Mpungu
Lake Victoria freight vessel aims to cut travel time by up to three days
22nd February 2024 By: Irma Venter

The Mpungu freight vessel has made its debut on Lake Victoria, in East Africa. The Mpungu will be Lake Victoria’s first scheduled roll-on/roll-off freight vessel, addressing the need for a reliable... 


Image of Road Freight Association (RFA) CEO Gavin Kelly.
Fuel price hike will impact consumers and the road freight industry – RFA
16th February 2024 By: Irma Venter

Fuel is rapidly crossing the 50% mark as a share of daily road transport operating costs, depending on the type of transport operation, with rising costs likely to be passed on to the consumer,... 


Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
14th February 2024 By: Irma Venter

The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South... 


The Durban Container Terminal
Business stakeholders find ‘election-oriented’ SoNA wanting
9th February 2024 By: Marleny Arnoldi

Business stakeholders agree that President Cyril Ramphosa was right to emphasise economic reforms in his State of the Nation Address (SoNA) on February 8, as these are critical to turning around... 


Photo of Terence Creamer
Loadshedding, logistics, water crises key themes of SoNA 2024
9th February 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses some of the key themes that emerged during President Cyril Ramaphosa's final State of the Nation Address of the current administration and how... 


Transnet needs ‘the right, permanent management, quickly’ – Stellenbosch University academic
9th February 2024 By: Irma Venter

State-owned rail and port operator Transnet could, potentially, show significant improvement this year, compared with last year’s dismal performance, says transport economist and macrologistics... 


Trend toward digitalisation continues
9th February 2024 By: Lynne Davies

Materials handling firms have traditionally relied on paper-based processes, however, as these processes are staggeringly manual, time consuming, highly inefficient and prone to human error,... 


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