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Corruption has long been an unhappy and increasingly harmful feature of the South African political, economic and business landscape. The extreme scale of this insidious problem came into sharp...
For its final decision of the year, the Monetary Policy Committee left South Africa’s key interest rate unchanged at 8.25% for a third consecutive meeting, in line with economists’ expectations....
Southern African citrus growers packed 165.1-million cartons for delivery to global markets during the 2023 export season – an increase of about 800 000 cartons year-on-year but 500 000 cartons...
The Transnet National Ports Authority (TNPA) has chosen multidisciplinary construction group Stefanutti Stocks as the preferred bidder for work package one of the Port of East London’s N-berth...
The South African Association of Freight Forwarders (SAAFF) estimates that the current congestion at South Africa’s ports is costing at least R124-million a day in direct and indirect costs. With...
The prevailing backlog of ships at anchorage outside the country’s largest container terminal is currently forecast to be cleared only by the end of February amid persistent equipment shortages and...
Richards Bay Transnet Port Terminals (RCB TPT) says it “may” suspend the processing of trucks bringing cargo into its terminals by road. Only trucks whose vessels have been already nominated shall...
Transnet has, so far, replaced about 55% of the copper cables across its national railway network with an aluminium conductor steel reinforced (ACSR) cable called Tiger Wire, Transnet Freight Rail...
While it is home to several significant iron-ore producers, amid the opportunities within the African iron-ore industry there are also significant challenges, as all bulk material operations...
Precast concrete manufacturer Colossal Concrete Products reopened its De Aar manufacturing plant, in the Northern Cape, in September following the conclusion of a one-year contract with State-owned...
Transnet National Ports Authority (TNPA) has published an expression of interest (EoI) document to determine market appetite for small- to medium-scale liquefied natural gas (LNG) imports through...
This week: South Africa has the skills to resolve the Transnet issue – Menar, and, AngloGold reaffirms 2023 production guidance
Young people aged 15 to 34 years had an unemployment rate of 43.4% in the third quarter, compared with 45.3% in the second, according to Statistics SA. The decline mimicked the drop in the...
Moody’s Investors Service has placed Transnet on review for a potential credit ratings downgrade due to concerns over liquidity and refinancing risks for the struggling state-owned freight, port...
By Bongani Mankewu – Director of the Infrastructure Finance Advisory Institute Blurb: The Meiji Restoration of 1868 in Japan, which began massive industrialization under the motto fukoku kyōhei...
The Indlulamithi South Africa Scenarios 2035 initiative, which was launched in 2017, has involved conversations about the country’s trajectory and through robust research it has since been able to...
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...
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....
Transnet National Ports Authority (TNPA) says it expects 175 vessel calls at South African port cities in the 2023/24 cruise liner season, which opened earlier this month. The vessels are expected...
"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...
State-owned Transnet and its subsidiary organisations are engaging weekly with various fruit industry organisations, namely Hortgro, the South African Table Grape Industry and the Fresh Produce...
Pension pay-outs to two former Transnet executives linked to fruitless and wasteful expenditure of R33.5-million arising from the acquisition of a million disposable breathalyser straws, procured...
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...
The arrival of cruise ship the Vasco da Gama at the Port of Port Elizabeth marked the start of the 2023/24 cruise season in Gqeberha, and the city expects to welcome to its shores 37 560 passengers...
Shipping giants Mediterranean Shipping Company (MSC) and Maersk have announced a costly fee for congested vessels this December due to severe delays at South African ports. In its announcement,...
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 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...
Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has highlighted the past week as “important for South Africa’s trade and investment prospects”, with the African Growth...
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...
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...
Mineral Resources and Energy Minister Gwede Mantashe has never disguised the fact that he believes that Eskom could be turned around and loadshedding ended if he was made the shareholder-minister...
Turkish energy company Karpowership’s South African subsidiary has succeeded in getting environmental authorisation for its Richards Bay environmental-impact assessment (EIA) application.
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...
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...
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...
Treasury has been forced to make painful revisions to the latest Medium-Term Budget Policy Statement, which updates government’s spending plans over the next three years, after its expectations in...
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....
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...
Ahead of Finance Minister Enoch Godongwana’s November 1 Medium Term Budget Policy Statement (MTBPS), policy think tank the Centre for Development and Enterprise (CDE) has set out what it thinks...
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...
Transnet National Ports Authority (TNPA) has published an expression of interest (EoI) document to determine market appetite for small- to medium-scale liquefied natural gas (LNG) imports through...
Following on the heels of the Springbok’s fourth Rugby World Cup win, Business Leadership South Africa (BLSA) CEO Busi Mavuso has said the Medium-Term Budget Policy Statement (MTBPS), set to be...
Given the additional challenges facing the national fiscus and economy, stakeholders agree that the upcoming medium-term budget should be realistic and sound. Ahead of the Medium-Term Budget...
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