R/€ = 17.48 Change: -0.19
R/$ = 14.85 Change: -0.16
Au 1802.28 $/oz Change: 2.91
Pt 1064.50 $/oz Change: -17.00


Transnet working ‘around the clock’ to fix IT disruption

By: Simone Liedtke     23rd July 2021 State-owned Transnet has identified and isolated the source of the disruption to its information technology (IT) systems and says technical teams continue to work “around the clock” to ensure the impact thereof remains minimal. Transnet on July 22 reported the disruption in some of its IT... 

Poor port performance costing South Africa money, jobs 

By: Irma Venter     23rd July 2021 The time currently wasted at the Durban port, owing to poor performance and inefficiency, is having a direct impact on employment generation, poverty reduction and economic growth in South Africa, says Martin Humphreys, the global lead for transport connectivity and regional integration at the... 

Transnet IT app outage affecting container terminal operations

By: Schalk Burger     22nd July 2021 State-owned freight logistics company Transnet says it is experiencing a disruption in some of its information technology (IT) applications, although only container terminals are affected. "Operations across the group are continuing, with the Freight Rail, Pipelines, Engineering and Property... 

Wits drone developers reach new heights for good 

22nd July 2021 21-year-old Wits mechanical engineering student, Xolani Radebe and his business partner, Tino Kurimwi founded an aviation company in 2019. Their aspiration to build airplane engines sparked mutual interest in drone development. 

Transnet port, rail operations normalise in KZN

By: Tasneem Bulbulia     20th July 2021 The Ports of Durban and Richards Bay have reported normalised levels of operations over the past two day, with all employees having reported for their shifts and Transnet working towards clearing the backlog caused by the unrest in the region in the past week, it said in a statement on July 20.... 

Assmang calls force majeure on manganese alloys in South Africa

By: Bloomberg     19th July 2021 Assmang issued a notice of force majeure on manganese alloys production from its facilities in KwaZulu-Natal province, South Africa, according to an email from Rorie Wilson, an alternate director at the company. The mining company declared force majeure to customers last week due to civil unrest... 

SA logistics sector bleeding R100m-plus a day, supply chains must be restored  

By: Irma Venter     16th July 2021 South Africa’s logistics sector will “undoubtedly” see the closure of some logistics businesses owing to the unrest in KwaZulu-Natal and parts of Gauteng, says South African Association of Freight Forwarders (SAAFF) chairperson and Savino Del Bene South Africa director Dr Juanita Maree. “Some... 

Transnet operations gradually returning to normal following unrest

By: Yvonne Silaule     16th July 2021 There has been an incremental improvement in the operations of State-owned logistics company Transnet, following disruptions caused by days of unrest in KwaZulu-Natal and Gauteng. As a result of the unrest, port operator Transnet Port Terminals had issued force majeure notices with regard to the... 

Moral responsibility

By: Terry Mackenzie-hoy     16th July 2021 I wrote two pieces for this column in which I stated that, in my experience, the Department of the Environment, Forestry and Fisheries (DEFF) does not answer phone calls or reply to emails and that the DEFF doing something useful is an exception rather than a rule. Now I can take that back. Or at... 

Ports, key rail line disrupted by violence - Transnet

By: Reuters     14th July 2021 Durban port has suffered major disruption after days of unrest, and operations have also been badly affected at the Richards Bay port and on a national freight rail line, logistics and freight companies said on Wednesday. The violence erupted last week in KwaZulu-Natal province, where Durban is... 

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