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Commission approves acquisition of DCT 2 SPV
Updated 7 hours ago By: Tasneem Bulbulia

The Competition Commission has approved the proposed transaction whereby International Container Terminal Services (ICTS) intends to acquire Durban Container Terminal (DCT) 2 Special Purpose... 


power station emissions
South Africa’s emissions to peak in 2024, reach decade low in 2030 – report
7th October 2024 By: Darren Parker

South Africa’s overall emissions will reach their peak this year and will be followed by a downward trend that will culminate in the lowest emissions this decade in 2030, the draft first 'Biennial... 


Transnet freight train
Mavuso lauds Operation Vulindlela progress with Transnet
7th October 2024 By: Marleny Arnoldi

As government continues to drive structural reforms through Operation Vulindlela, Business Leadership South Africa CEO Busi Mavuso says in her latest newsletter that private sector participation... 


Gender parity, transformation discussed at Smarter Mobility Summit
4th October 2024 By: Tasneem Bulbulia

A panel discussion on the second day of the Smarter Mobility Summit, held in Midrand this week, outlined some of the challenges facing women working in the transport industry, and proffered some... 


OEC tank farm
R273m govt-funded Orion tank farm in Gqeberha unveiled
3rd October 2024 By: Darren Parker

The Orion Engineered Carbons (OEC) tank farm project, in Zone 7 of the Coega Special Economic Zone (CSEZ) in Gqeberha, in the Eastern Cape, has officially been unveiled. Trade, Industry and... 


The eKamva electric taxi
Creecy calls for smart transport solutions, pioneer EV taxi launched
3rd October 2024 By: Tasneem Bulbulia

Transport Minister Barbara Creecy emphasised the importance of implementing smart solutions as part of efforts to upgrade and revitalise the country’s transport sector, with commuter numbers... 


A Transnet Freight Rail train on the Sishen-Saldanha iron-ore corridor
Phillips says Transnet not yet on track to meet 193Mt rail ‘stretch target’
2nd October 2024 By: Terence Creamer

Meeting the 193-million-ton rail stretch target set under the newly launched second phase of the partnership between business and government would require a significant amount of work and... 


Minerals Council South Africa CEO Mzila Mthenjane
Infrastructure rehabilitation, more exploration crucial for South African mining industry growth, Mthenjane says
2nd October 2024 By: Darren Parker

Minerals Council South Africa CEO Mzila Mthenjane believes that growing the South African mining industry depends on restoring mining capacity through infrastructure rehabilitation in the short... 


Discovery CEO Adrian Gore
South African CEOs see ‘green shoots’ as economic mood improves
2nd October 2024 By: Bloomberg

Sentiment about South Africa has improved since the formation of a coalition government but the nation needs to be cautious about complacency, according to chief executive officers at two of the... 


Transnet Academy forms railway education partnership with UCT, UP
2nd October 2024 By: Schalk Burger

The State-owned Transnet Academy has concluded a five-year partnership agreement with the University of Cape Town (UCT) and the University of Pretoria (UP), which will help it to enhance technical... 


Deputy President Paul Mashatile
South Africa’s reforms in spotlight as nation woos investors
2nd October 2024 By: Bloomberg

South Africa will need to expedite reforms that can boost economic growth to sustain investor inflows that have flooded in since the formation of a coalition government, according to the world’s... 


Port of Mossel Bay
TNPA issues request for information for multipurpose terminal at Mossel Bay
2nd October 2024 By: Darren Parker

State-owned Transnet National Ports Authority (TNPA) has initiated a request for information (RFI) process for a multipurpose terminal (MPT) at the Port of Mossel Bay’s Quay 4 precinct, in the... 


Iron-ore being railed to port
Large-scale infrastructure concessions needed to drive logistics competitiveness
30th September 2024 By: Schalk Burger

State-owned logistics agency Transnet has taken tentative steps towards limited engagement with the private sector, but there should be large-scale concessions of port and rail capacity to drive... 


Women reach for top leadership positions in Government and SOE’s
Women reach for top leadership positions in Government and SOE’s
30th September 2024

Pinpoint Stewards will be hosting the 3rd Annual Women and Leadership in Government and State Owned enterprises conference, with the theme: it’s DUE – Develop, Unite and Empower. Taking place at... 


Minerals Council South Africa chief economist Hugo Pienaar
Mining industry shed nearly 7 000 jobs in the second quarter
27th September 2024 By: Darren Parker

The mining sector shed 6 926 jobs in the second quarter, according to Statistics South Africa’s latest Quarterly Employment Statistics (QES), bringing the total number of workers still employed in... 


East London port welcomes two new tugs as TNPA completes fleet renewal
27th September 2024 By: Irma Venter

The Port of East London has taken ownership of two new tugboats, marking the end of Transnet National Ports Authority’s (TNPA’s) R1-billion marine fleet renewal programme, aimed at boosting tugboat... 


Image of green hydrogen electrolysis equipment
Boegoebaai green hydrogen programme, South Africa – update
27th September 2024 By: Sheila Barradas

Sasol has appointed Mizuho International to support its search for partners with whom to co-invest and undertake further studies into the Boegoebaai green hydrogen/ammonia export opportunity. 


TNPA headoffice
TNPA puts out tender for LNG terminal environmental-impact assessment
25th September 2024 By: Darren Parker

State-owned Transnet subsidiary Transnet National Ports Authority (TNPA), in collaboration with Infrastructure South Africa (ISA) and the Industrial Development Corporation, has approached the... 


Logistics sector under pressure in June, July – Ctrack index
Logistics sector under pressure in June, July – Ctrack index
19th September 2024 By: Irma Venter

After moving upwards for three consecutive months, the newest Ctrack Transport and Freight Index (TFI) declined in June and July to reach a level of 119.8 in July – the lowest level since February.... 


Seriti plans to cut over 1 100 coal jobs
17th September 2024 By: Bloomberg

South African coal miner Seriti Resources said it plans to cut as many as 1 137 workers across two opencast operations because the mines are unprofitable. The Middelburg Mine Services and... 


Transport Minister Barbara Creecy addressing a Steel and Engineering Industries Federation of Southern Africa conference in Ekurhuleni
Creecy sets year-end deadline for rail Network Statement amid ‘complicated tariff balancing act’
17th September 2024 By: Terence Creamer

Transport Minister Barbara Creecy says that, despite Transnet’s turnaround progress, the State-owned enterprise is not able to meet the target of increasing South Africa’s yearly rail volumes to... 


The 14th Africa PPP Infrastructure Investment Summit 2024 – The Continent’s Premier Gateway to Multi Billion-Dollar African Infrastructure Investment Opportunities
16th September 2024

Morocco stands out as one of Africa’s most dynamic investment destinations and a leader in strategic infrastructure development. Its status makes it an ideal location to host the 14th edition of... 


Transnet, SAPS sign MoU to combat logistics network theft and vandalism
16th September 2024 By: Schalk Burger

State-owned Transnet and the South African Police Service (SAPS) have signed a memorandum of understanding (MoU) to strengthen collaborative efforts between them in the fight against theft and... 


sunflower farm
Agribusiness Confidence Index recovers to 48 in the third quarter
16th September 2024 By: Marleny Arnoldi

The Agribusiness Confidence Index (ACI) has recovered by ten points to a level of 48 in the third quarter of the year after dropping to a 15-year low in the second quarter. While the second... 


South Africa says reform agenda in progress after Fitch affirms ratings
13th September 2024 By: Reuters

South Africa's National Treasury said on Friday its plan to reduce expenditure and raise revenue, while implementing critical reforms, was in progress after credit rating agency Fitch affirmed its... 


Pravin Gordhan
Tributes pour in for Pravin Gordhan
13th September 2024 By: Thabi Shomolekae

Fellow politicians and others on Friday expressed their deepest condolences on the passing of former Minister of Public Enterprises and South African Revenue Service Commissioner Pravin Gordhan.... 


NDB approves $1bn loan for SA, inks deal for more billions with Transnet
13th September 2024 By: Irma Venter

The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s... 


railway iine
Not enough chrome shipments to fill Maputo corridor capacity, TFR says
12th September 2024 By: Darren Parker

The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials... 


TFR locomotives
Transnet breaches loan terms again as debt weighs on investment
11th September 2024 By: Bloomberg

Transnet breached loan covenants for a second year running as the South African port and rail operator staggers under a debt burden that’s constraining investments needed to resurrect its ailing... 


Transport Minister Barbara Creecy
National roads need over R307-billion of repairs
10th September 2024 By: Bloomberg

South Africa, which already faces a heavy bill to upgrade its port, rail and electricity infrastructure, needs R307-billion to repair and improve its sprawling national road system. The South... 


Tugs Kganya and Lentswe
East London port gets two new tugs, TNPA wraps up fleet renewal programme
10th September 2024 By: Irma Venter

The Port of East London has taken ownership of two new tugboats, marking the end of the Transnet National Ports Authority’s (TNPA’s) R1-billion marine fleet renewal programme, aimed at boosting... 


European Commissioner for Energy Kadri Simson at a briefing in Pretoria
R628m in EU grants to support South Africa’s goal of building green-hydrogen ecosystem
9th September 2024 By: Terence Creamer

The EU has announced R628-million (€32-million) in grant funding to support the development of South Africa’s nascent green-hydrogen industry, as well as to facilitate net-zero-related investments... 


An image of BLSA CEO Busi Mavuso
Improving Transnet’s performance key to bolstering economic growth – BLSA
9th September 2024 By: Tasneem Bulbulia

Recent statistics have underscored how crucial it is to fix State-owned enterprise (SOE) Transnet, with second-quarter GDP growth of 0.4% still insufficient to achieve the necessary progress in the... 


Photo of Terence Creamer
Potential peril
6th September 2024 By: Terence Creamer

The assignment of shareholder responsibilities for State-owned enterprises (SOEs) that previously fell under the Department of Public Enterprises (DPE) to line departments is an important, yet... 


TFR locomotives
Private train operators could access Transnet's rail network by April 2025, says business development exec
5th September 2024 By: Schalk Burger

State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open... 


Zimbabwe turns to private firms to boost freight rail volumes
5th September 2024 By: Reuters

Zimbabwe's State-owned railway operator has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after... 


 Minerals Council South Africa CEO Mzila Mthenjane
South Africa's mining sector 'gearing for growth' as reforms yield results
4th September 2024 By: Sabrina Jardim

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 


Cable theft
South Africa rail, power revamp hinges on ending cable theft
4th September 2024 By: Bloomberg

The recovery of South Africa’s two biggest State-owned companies — beset by years of corruption and theft — relies on one common component: protecting thousands of miles of cables from theft and... 


Petredec CEO Jonathan Fancher and Transnet Group CE Michelle Phillips
Transnet, Petredec sign agreement to enhance bulk LPG distribution in South Africa
4th September 2024 By: Creamer Media Reporter

State-owned logistics infrastructure company Transnet and liquefied petroleum gas (LPG) value chain company Petredec have entered into an agreement to implement a groundbreaking rail freight... 


Transnet CEO Michelle Phillips delivering Transnet's 2024 results
Phillips confirms 193Mt ‘stretch target’ for rail amid criticism that recovery plan lacks ambition
2nd September 2024 By: Terence Creamer

Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set... 


NDB approves $1bn loan to SA; Godongwana urges speedy disbursement
NDB approves $1bn loan to SA; Godongwana urges speedy disbursement
2nd September 2024 By: Irma Venter

The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s... 


South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter, CEO tells Mining Weekly
2nd September 2024 By: Martin Creamer

The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time... 


Transnet CEO Michelle Phillips (left) and NDB president Dilma Rousseff
NDB signs R5bn loan agreement with Transnet
30th August 2024 By: Irma Venter

The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly... 


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