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The Port of Durban
Promising effect of new Cabinet consolidating – BLSA
Updated 2 hours 11 minutes ago By: Schalk Burger

"The positive sentiment sparked by the Government of National Unity (GNU) is consolidating," business lobby Business Leadership South Africa (BLSA) CEO Busi Mavuso states in her latest weekly... 


Port of Richards Bay
Grindrod selected as preferred bidder for Port of Richards Bay container facility
20th June 2024 By: Terence Creamer

South Africa’s Transnet National Ports Authority (TNPA) has appointed Grindrod South Africa as the preferred bidder to develop and operate a container handling facility at the Port of Richards Bay,... 


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... 


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... 


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... 


From left, Randy Fabi, Alan Waller, Gavin Kelly, Xolani Mbambo, Theo Johnson and Matthias Brodner.
Coal line criminals identified, must be jailed – Transnet
2nd February 2024 By: Martin Creamer

The criminal syndicates that regularly bring South Africa’s coal export line to a halt have been identified through the intelligence operations that are conducted by Transnet Freight Rail (TFR).... 


Port of Maputo reports record volume for 2023
2nd February 2024 By: Irma Venter

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


The Maputo port
DP World’s $2bn Mozambique port expansion gets approval
24th January 2024 By: Bloomberg

Mozambique approved an extended deal for DP World, Grindrod and other operators of its biggest port, including a $2-billion expansion that will further draw cargoes away from neighboring South... 


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... 


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... 


Greenfield project nears full-scale mining
15th December 2023 By: Lynne Davies

The development of the Gugulethu Colliery – a greenfield project located to the southeast of Hendrina and proximate to Davel – is taking place at an “opportune time” as export opportunities for... 


Sappi chipping plant
Sappi announces new chair; posts record SA earnings, but lower group-wide profit
9th November 2023 By: Marleny Arnoldi

JSE-listed paper and packaging manufacturer Sappi has announced that nonexecutive director Nkululeko Sowazi will succeed Sir Nigel Rudd as independent chairperson, with from February 8 next year.... 


Grindrod touching the lives of communities in which it operates
13th October 2023

As part of its Corporate Social Responsibility, Grindrod donated 177 bicycles to schools in Namaacha and Boane in the province of Maputo. This project will directly impact 77 teachers, school... 


Image of the Grindrod drybulk terminal
Trust, patience see Maputo port yield record results – Grindrod
25th August 2023 By: Irma Venter

The Port of Maputo is reaping the results of an $800-million investment that has taken the port from handling five-million tons overall in 2007, to a record 27-million tons last year, says Grindrod... 


Grindrod plans commodity portfolio expansion in hunt for growth
17th March 2023 By: Irma Venter

Logistics specialist Grindrod aims to “deconcentrate” its portfolio of commodities, says CEO Xolani Mbambo. Unveiling the company’s financial results for the year ended December 31 last week, he... 


Grindrod CEO Xolani Mbambo
Grindrod looks to expand commodity portfolio in the hunt for growth
2nd March 2023 By: Irma Venter

Logistics specialist Grindrod aims to “deconcentrate” its portfolio of commodities, says CEO Xolani Mbambo. Unveiling the company’s financial results for the year ended December 31 on Thursday, he... 


Image of Uganda map/flag
East Africa Marine Transport ferry, Uganda
25th November 2022 By: Sheila Barradas

InfraCo Africa plans to build a ferry that will transport fully laden trucks between Port Bell, serving Kampala, in Uganda, and the port at Mwanza South, in Tanzania.  


TMI makes $21-a-share offer for all Grindrod Shipping ordinary shares
12th October 2022 By: Schalk Burger

Ship management company Taylor Maritime Investments (TMI) and its subsidiary Good Falkirk have entered into a transaction implementation agreement with JSE-listed maritime transportation services... 


Remgro’s full-year headline earnings recover to above pre-pandemic levels
27th September 2022 By: Tasneem Bulbulia

Investment holding company Remgro recorded a strong financial year ended June 30, despite headwinds that the company says can be regarded as extreme events, which disrupted the global and local... 


Remgro unbundles shareholding in Grindrod
26th September 2022 By: Mariaan Webb

Stellenbosch-based investment group Remgro has announced the unbundling of its shareholding in JSE-listed freight and logistics group Grindrod, as part of the realignment of its investment... 


Billionaire’s Remgro to sell stake in TotalEnergies South Africa
23rd September 2022 By: Bloomberg

South African billionaire Johann Rupert’s investment vehicle, Remgro Ltd., is planning to sell its stake in the local unit of energy giant TotalEnergies, according to people familiar with the... 


Image of the keel-laying ceremony at the Entebbe shipbuilding facility of SECO Marine, an Alpha group company
New EAMT truck ferry to cut travel time across Lake Victoria – Grindrod
5th September 2022 By: Irma Venter

A keel-laying ceremony at the Entebbe shipbuilding facility of SECO Marine, an Alpha group company, has marked a milestone in the construction of the East Africa Marine Transport (EAMT) ferry. EAMT... 


Grindrod achieves strong interim performance
26th August 2022 By: Tasneem Bulbulia

JSE-listed Grindrod achieved a strong performance for the six months ended June 30, delivering good earnings growth in its core businesses.  This was underpinned by strong mineral commodity markets... 


Grindrod to post 188% earnings growth for H1
18th August 2022 By: Marleny Arnoldi

Further to a trading statement published on June 28, JSE-listed freight and logistics group Grindrod in an on August 18 release says it now expects, with greater certainty, to report earnings of... 


The Ngqura Container Terminal
Transnet shortlists bidders for Durban and Ngqura container terminals
15th August 2022 By: Terence Creamer

South Africa’s State-owned freight logistics group Transnet has shortlisted ten respondents for private sector participation in the Durban Container Terminal Pier 2 (DCT2), in KwaZulu-Natal, and a... 


Grindrod appoints Xolani Mbambo as new CEO
5th August 2022 By: Irma Venter

Grindrod has announced that Xolani Mbambo is to succeed Andrew Waller as CEO from January 1 next year.  Waller is set to retire. 


Image of Grindrod CEO-designate Xolani Mbambo
Grindrod appoints Xolani Mbambo as new CEO
22nd July 2022 By: Irma Venter

Grindrod has announced that Xolani Mbambo is to succeed Andrew Waller as CEO from January 1, next year.  Waller is set to retire. 


New export route for Botswana coal
3rd June 2022 By: Irma Venter

Grindrod’s Matola terminal at the Port of Maputo says it has welcomed its second coal train from Botswana. The terminal also managed to successfully discharge the 50 wagons using the terminal’s... 


Port of Maputo unveils rehabilitated berths
27th May 2022 By: Irma Venter

Mozambican President Filipe Jacinto Nyusi in May inaugurated 1 058 m of rehabilitated berthing area – comprising berths 6, 7, 8 and 9 – at the Port of Maputo. The berths, rehabilitated, expanded... 


Image of a coal stacker
Grindrod and partners create new export route for Botswana coal
18th May 2022 By: Irma Venter

Grindrod’s Matola terminal at the Port of Maputo says it has welcomed its second coal train from Botswana. The terminal also managed to successfully discharge the 50 wagons using the terminal’s... 


A docked Grindrod shipping vessel
Grindrod Shipping to sell tanker for $30m
18th May 2022 By: Darren Parker

JSE- and Nasdaq-listed global maritime transportation services company Grindrod Shipping has entered into a contract to sell its 2016-built medium-range product tanker Matuku for $30-million.... 


Image of the Port of Maputo
Port of Maputo unveils rehabilitated berths; new masterplan looks at further expansion
16th May 2022 By: Irma Venter

Mozambican President Filipe Jacinto Nyusi last week inaugurated 1 058 m of rehabilitated berthing area – comprising berths 6, 7, 8 and 9 – at the Port of Maputo. The berths, rehabilitated, expanded... 


Image of Mozambique map/flag
Matola drybulk terminal expansion, Mozambique
29th April 2022 By: Sheila Barradas

The Matola Terminal Joint Venture plans to expand the capacity of the Matola drybulk terminal. 


KZN floods force Grindrod to suspend operations at five sites for weeks
29th April 2022 By: Irma Venter

JSE-listed freight and logistics group Grindrod says its container depots, terminals and warehouse facilities in and around central Durban have been heavily impacted on by the recent floods in... 


Image of the Matola Terminal
KZN floods see Grindrod suspend operations at five sites for several weeks
19th April 2022 By: Irma Venter

JSE-listed freight and logistics group Grindrod says its container depots, terminals and warehouse facilities in and around central Durban have been heavily impacted by the recent floods in... 


Image of the Port of Maputo
Expansion considered at Maputo Port
1st April 2022

The global coal demand, which peaked in mid-2021, is still reaching price record highs due to the major surge in coal prices worldwide. In response to the increasing demand for export capacity, the... 


Grindrod, Vitol to invest R1.8bn in Maputo’s Matola Terminal expansion
18th March 2022 By: Irma Venter

Freight services and banking group Grindrod will spend its share of R1.8-billion to upgrade the Matola drybulk terminal at the Port of Maputo, in Mozambique. The JSE-listed Gindrod holds a 65%... 


Image of the Matola Terminal at the Port of Maputo
Grindrod, Vitol to invest R1.8bn in expanding Maputo’s Matola Terminal
3rd March 2022 By: Irma Venter

Freight services and banking group Grindrod will spend its share of R1.8-billion to upgrade the Matola drybulk terminal at the Port of Maputo. The JSE-listed Gindrod holds a 65% share in the Matola... 


Grindrod to post R871m core HEPS for 2021
22nd February 2022 By: Marleny Arnoldi

JSE-listed Grindrod says it handled record mineral volumes at its Port and Terminals operations, as well as performed strongly within its coastal shipping and container depot business, in 2021.... 


Increased capacity on the cards for Maputo, Matola drybulk terminals
14th February 2022 By: Tasneem Bulbulia

JSE-listed Grindrod’s sub-concessioned facilities, the Maputo and Matola Drybulk Terminals, are considering the expansion of their respective footprints, the Maputo Port Development Company... 


Former Lonmin CE Ben Magara
Exxaro strengthens board with nonexec appointments
3rd February 2022 By: Marleny Arnoldi

JSE-listed diversified miner Exxaro Resources has appointed Dr Pumla Mnganga, Karin Ireton, Billy Mawasha, and Ben Magara to the board as independent nonexecutive directors, effective February 7.... 


The Durban Container Terminal
Durban port decongestion task team to focus on long-term initiatives in the new year
15th December 2021 By: Schalk Burger

The multidisciplinary, multi-stakeholder Port of Durban Decongestion Task Team will focus on rolling out a number of long-term initiatives as more permanent solutions to the ongoing challenges... 


InfraCo Africa, Grindrod award Uganda ferry build contract to SECO Marine
9th December 2021 By: Marleny Arnoldi

InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and Grindrod, have tasked SECO Marine to build a 96-m-long roll on/roll off ferry, in Entebbe, Uganda. SECO is an... 


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