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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... 


An image of Gautrain Park Station
Process to appoint new Gautrain partner post-2026 under way
6th November 2023 By: Tasneem Bulbulia

The Gauteng executive council has approved the procurement of a new delivery partner for the Gautrain system, meaning that the Gautrain Management Agency (GMA) has been granted the approval to go... 


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... 


Wacker Neuson South Africa appoints new dealership in Tanzania, East Africa
Wacker Neuson South Africa appoints new dealership in Tanzania, East Africa
3rd November 2023

Wacker Neuson South Africa now brings its quality compact equipment and full service and after-sales support to customers in East Africa with the appointment of TATA International as their dealer... 


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... 


China’s grip on Africa's minerals sparks a US response
China’s grip on Africa's minerals sparks a US response
3rd November 2023 By: Bloomberg

The US is going full steam ahead in its effort to catch up with China in a part of the world that’s become central to the green transition: Africa’s “Copperbelt". Loaded with minerals critical to... 


Image of mounds of rare earths
Longonjo neodymium/praseodymium project, Angola – update
3rd November 2023 By: Sheila Barradas

Pensana Rare Earth's engineering team has successfully completed a modular redesign of the Longonjo neodymium and praseodymium mine and processing facility. 


Drill core from the Manono lithium/tin project
Manono lithium/tin project, Democratic Republic of Congo – update
3rd November 2023 By: Sheila Barradas

AVZ Minerals plans to file an emergency arbitration application, seeking to prohibit any transaction pertaining to the contested Manono lithium mine. 


Image of graphite ore
Orom-Cross graphite project, Uganda – update
3rd November 2023 By: Sheila Barradas

Additional testwork has been completed by two leading graphite technical specialist laboratories on the project. 


Rail lines
Interim Infrastructure Manager set up to facilitate initial private access to rail network
2nd November 2023 By: Terence Creamer

Transnet has confirmed the establishment of an interim rail Infrastructure Manager, which will oversee the initial process of ensuring that the rail network is opened to private train operating... 


Finance Minister Enoch Godongwana
Mining sector will not be spared from coming economic crisis
2nd November 2023 By: Darren Parker

Without an urgent acceleration in the implementation of growth-enhancing structural reforms, South Africa is headed for a fiscal crisis, the Minerals Council South Africa has said, noting that the... 


Image of a Hino 700 truck
New-vehicle sales continue to drop, truck sales jump as rail system falters
1st November 2023 By: Irma Venter

Total new-vehicle sales in October dropped by 2%, to 45 445 units, compared with the same month last year, reports naamsa | The Automotive Business Council. This was the third consecutive month of... 


South Africa needs a pragmatic, integrated strategy for sustainable transport
1st November 2023

South Africa needs a pragmatic, integrated strategy to promote sustainable transport, according to Vishaal Lutchman, Managing Director, Transport, at leading consulting engineering and... 


A locomotive operated by TFR
Transnet urged to engage before presenting a R100bn bail-out ‘invoice’
1st November 2023 By: Terence Creamer

Finance Minister Enoch Godongwana has not “closed the door” on Transnet’s move to secure a reported R100-billion in balance-sheet support to assist with its recently released turnaround plan.... 


Roy Hill’s iconic pink livery symbolises the company’s commitment to assisting research and those suffering from breast cancer.
Rio Hill adds battery-powered locos to its rail fleet
1st November 2023 By: Creamer Media Reporter

Rail solutions group Wabtec and its launch customer, Australian iron-ore miner Roy Hill, have celebrated the unveiling of the FLXdrive battery locomotive – the world’s first 100% battery-powered,... 


The Tshipi manganese mine
Tshipi é Ntle reports lower Sept quarter output, Ebitda
31st October 2023 By: Creamer Media Reporter

Production by Tshipi é Ntle Manganese Mining, which operates the Tshipi manganese mine in the Kalahari manganese field in South Africa's Northern Cape, decreased to 786 308 t in the quarter ended... 


Railway tracks
Partners of Lobito Corridor target construction completion in five years
31st October 2023 By: Marleny Arnoldi

Following the signing of a seven-sided memorandum of understanding (MoU) between two financial institutions and the governments of the US, the European Union, Angola, the Democratic Republic of... 


Image of the cover of Creamer Media's Pip Supplement 2023 – Second Edition
Projects in Progress 2023 (Second Edition)
31st October 2023 By: Creamer Media Reporter

Creamer Media's second edition of the 'Projects in Progress 2023' supplement offers a unique perspective for evaluating South Africa's current economic landscape, amid ongoing challenges, including... 


Oranges
Citrus association urges that R100bn Transnet bailout be granted
31st October 2023 By: Marleny Arnoldi

The Citrus Growers’ Association of Southern Africa (CGA) has called on Finance Minister Enoch Godongwana to prioritise Transnet’s financial recovery in the Medium-Term Budget Policy Statement he... 


Image of a digital temperature transmitter from WIKA
Transmitter ensures stable temperature measurement
31st October 2023

A new digital temperature transmitter offering a variety of sensor connection combinations and a new type of drift detection, is designed to enable extremely flexible and stable temperature... 


TP Nchocho
TP Nchocho appointed chair of inaugural TNPA board
30th October 2023 By: Terence Creamer

Outgoing Industrial Development Corporation (IDC) CEO Tshokolo Petrus (TP) Nchocho has been appointed chairperson of the inaugural Transnet National Ports Authority (TNPA) board. Nchocho, who... 


Finance Minister Enoch Godongwana
Tax shortfall lumps South Africa with no-good-news Budget
30th October 2023 By: Bloomberg

South African Finance Minister Enoch Godongwana is in a bind as he reworks the nation’s budget in the face of lower-than-expected tax revenue and pressure from the ruling party to bolster... 


German Chancellor Olaf Scholz
Germany's Scholz says his country willing to invest in Nigerian gas, minerals
29th October 2023 By: Reuters

German Chancellor Olaf Scholz said on Sunday his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to... 


Western Cape can achieve breakout growth rates, assures its Economic Development head
27th October 2023 By: Rebecca Campbell

The Western Cape economy indeed had the potential to achieve “breakout growth” rates of 4%/y to 6%/y, and the provincial government was determined to achieve these rates, through the implementation... 


Cape Town mayor Geordin Hill-Lewis
Infrastructure investment key to future of Cape Town, highlights city’s mayor
27th October 2023 By: Rebecca Campbell

City of Cape Town Executive Mayor Geordin Hill-Lewis has re-emphasised his belief in the importance of infrastructure investment to stimulate economic growth, and the importance of economic growth... 


BHP Australia iron-ore rail workers approve industrial action plans - ballot results
27th October 2023 By: Reuters

Nearly 350 BHP iron-ore rail workers in Australia, including train drivers, have approved industrial action plans that could include work stoppages of up to 24 hours due to disputes over pay and... 


Agnico Eagle's Meliadine mine in Nunavut.
Agnico Eagle continues to focus on growth – CEO
27th October 2023 By: Mariaan Webb

There is one narrative that remains constant for Canadian gold miner Agnico Eagle and that revolves around a commitment to foundational growth. This narrative stems from Agnico Eagle’s pursuit of... 


Broad-based strain evident in the logistics sector, Ctrack index shows
27th October 2023 By: Irma Venter

The Ctrack Transport and Freight Index (CTFI) retreated further during August, to an index level of 118.8, the lowest since February, when it was at 116.7.  This represents a 1.5% decrease. It is... 


Image of iron-ore stockpile
Buena Vista iron project, US – update
27th October 2023 By: Sheila Barradas

Magnum Mining and Exploration might have found an export solution, with Levin-Richmond Terminal, operators of a rail terminal and port facility in Richmond, California. 


Rail tracks
‘Open and transparent’ third-party rail access system by April
26th October 2023 By: Terence Creamer

State-owned freight logistics group Transnet has confirmed that an open and transparent framework for granting private train operating companies’ third-party access to the South African railway... 


Transnet chairperson Andile Sangqu
Transnet’s recovery plan premised on securing govt capital injection
26th October 2023 By: Terence Creamer

Absent an equity injection or debt relief from government, Transnet chairperson Andile Sangqu says the State-owned entity will not be able to deliver on what he described as a “credible” recovery... 


Afrimat group CEO Andries van Heerden
Afrimat continues to weather economic shocks through diversification
26th October 2023 By: Darren Parker

Mid-tier mining and materials company Afrimat’s strategy to diversify between commodities and revenue streams, coupled with stringent capital allocation, has enabled the group to continue to... 


Bloom Lake expansion delivers for Champion Iron
Bloom Lake expansion delivers for Champion Iron
26th October 2023 By: Mariaan Webb

The Bloom Lake mine, in Quebec, is starting to realise its full potential with production reaching its expanded nameplate capacity of 15-million tonnes a year in the last 30 days, TSX- and... 


Public Enterprises Minister Pravin Gordhan
'I'm not going anywhere' - Gordhan hits back at accusations of meddling at Transnet, Eskom
26th October 2023 By: News24Wire

While executives and board members at troubled State-owned enterprises Transnet and Eskom have resigned in recent weeks, Public Enterprises Minister Pravin Gordhan has rejected accusations that it... 


Image of railway infrastructure
State of Safety Report unveils rail sector’s crossroads
25th October 2023 By: Natasha Odendaal

While South Africa’s railway sector works to rebuild post-pandemic, riots and a variety of disasters, the latest Railway Safety Regulator’s (RSR’s) State of Safety Report 2022/23 has painted a... 


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