R/€ = 15.61 Change: -0.01
R/$ = 13.71 Change: -0.02
Au 1291.64 $/oz Change: 1.35
Pt 803.98 $/oz Change: 1.83


Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’ 

By: Terence Creamer     7th November 2018 Transnet acting CEO Tau Morwe is prioritising the restoration of trust, internally and externally, which he acknowledges has been affected by the “turbulence” associated with recent action taken by the board to tackle corruption and recover money “siphoned” from the State-owned company. However,... 

New equipment to boost PE port’s manganese export capacity by 1.8 Mt/y

By: Marleny Arnoldi     10th October 2018 Transnet Port Terminals (TPT) has taken delivery of the first two of four RAM rotating spreaders that are set to create an additional 1.8-million tons a year of capacity for manganese exports at its Port Elizabeth (PE) terminal. A further two spreaders will arrive from China at the end of... 

ELB to supply two mobile ship loaders to Transnet Port Terminals’ Saldanha Terminal

6th June 2018 ELB Engineering Services (Pty) Ltd (ELB), is pleased to announce that they have been awarded the contract to design, supply, install and commission two mobile ship loaders at Transnet Port Terminals’ (TPT) Saldanha Terminal – a strategic node of the movement of iron ore in South Africa. The ship... 

TFR transports record chrome volumes from mines to ports

By: Schalk Burger     14th February 2018 State-owned Transnet Freight Rail (TFR) has transported a record 5.77-million tons of chrome by rail from mines to the ports in the first 47 weeks of the current financial year. This exceeds the 5.75-million tons of chrome transported by rail in the prior financial year. 

Transnet insists bond appetite remains as it again lowers capex forecast 

By: Terence Creamer     3rd July 2017 State-owned logistics group Transnet has sought to refute reports that demand for its bonds had collapsed following the recent downgrades to South Africa’s credit rating, insisting that appetite for its bonds remains strong both domestically and internationally. CFO Garry Pita said the reports... 

Major Transnet Freight Rail mineral mining, chrome maintenance shut

By: Martin Creamer     5th June 2017 Transnet Freight Rail will embark on a seven-day shutdown in the Mineral Mining & Chrome (MMC) area of operation from June 5 to 11. This year’s affected areas include Witbank, Nelspruit, Koedoespoort, Swaziland, Maputo, Empangeni and other lines tapping into Transnet Port Terminals and Transnet... 

TPT celebrates 1bn ton iron-ore export milestone

By: Megan van Wyngaardt     19th August 2016 Transnet Port Terminals’ (TPT’s) Saldanha operations on Thursday celebrated a significant milestone – with one-billion tons of iron-ore having passed through the bulk terminal. Saldanha is South Africa's main iron-ore export terminal and a highly mechanised bulk-handling facility that remains the... 

Skiptainer helps PE terminal increase manganese export volumes

By: Mia Breytenbach     12th August 2016 Port operator Transnet Port Terminals’ (TPT’s) skiptainer solution has proven successful in meeting rising demand for the export of manganese, says TPT Port Elizabeth (PE) terminal manager Nelisiwe Mbenekazi. She says that there was significant demand abroad for manganese, but TPT was unable to... 

TPT Richards Bay assists international vessel in avoiding disaster

By: Anine Kilian     13th June 2016 Transnet Port Terminals (TPT) Richards Bay last month assisted Italian vessel MV Peppino Bottiglieri, which had caught fire and needed urgent laybye berth in Richards Bay. In a statement released on Monday, TPT said the vessel was carrying coal destined for Malaysia when the crew discovered cargo... 

Nair confirmed as TFR chief as Transnet unveils new team

By: Creamer Media Reporter      18th May 2016 Freight logistics group Transnet on Wednesday unveiled its new leadership team and structure, which the State-owned company said was in line with revisions to its operating model and its aspiration to capture new market opportunities. Group CEO Siyabonga Gama, who was recently confirmed as the... 

TPT highlights role of technology in improving port efficiencies

By: Shirley le Guern     4th November 2015 Transnet Port Terminals (TPT) has improved efficiencies and significantly enhanced port throughput, thereby positively impacting on South Africa’s economic growth, CEO Karl Socikwa told delegates at the African Ports Evolution Conference, in Durban. The conference, now in its fourth year, was... 

Permanent operating licence granted for R8bn Ngqura manganese terminal

By: Zandile Mavuso     4th September 2015 Freight logistics company Transnet Port Terminals (TPT) has been granted a permanent operating licence by Cabinet for the manganese terminal at the Port of Ngqura to develop a bulk minerals terminal estimated at R8-billion. 

Mine of the future, managing coal, manganese terminal

By: Martin Creamer     4th September 2015 Universities are designing the mines of the future; a call has been made for South Africa to ensure future coal reserves for essential domestic use; and engineering design is imminent for the new Ngqura Manganese Export Terminal 

TPT gets go-ahead to operate manganese terminal

By: Megan van Wyngaardt     13th August 2015 Cabinet has approved the issuing to Transnet Port Terminals (TPT) of a permanent operating licence to operate the manganese container terminal at the Port of Ngqura, near Port Elizabeth. This was in line with government priorities relating to Operation Phakisa on growing the country’s oceans... 

Ferrum mulls Moonlight infrastructure options

By: Natasha Odendaal     28th April 2015 Triple-listed Ferrum Crescent on Tuesday said its Moonlight iron-ore project, in Limpopo, would have access to an “almost complete” infrastructure solution. While negotiations for the project’s infrastructure access continued, the potential mine had access to the Thabazimbi railhead 220 km away,... 

Expanding E Cape port moves to corner regional transshipment market 

By: Natalie Greve     9th March 2015 Transnet Port Terminals (TPT) has the southern hemisphere transshipment market firmly within its crosshairs, having, thus far, injected some R14-billion into the development of the purpose-built Ngqura container terminal (NCT) at the Port of Ngqura, in the Eastern Cape – located within the... 

TFR iron-ore line readies for 10-day shutdown

By: Natalie Greve     8th August 2014 The entire 861 km section of Transnet Freight Rail’s (TFR’s) export iron-ore line, which operates between Sishen, in the Northern Cape, and Saldanha Bay, in the Western Cape, will undergo its yearly shutdown from August 12 for planned maintenance works. The ten-day shutdown, during which... 

German manufacturer establishes maritime hub in SA

By: Pimani Baloyi     30th May 2014 Equipment manufacturer Liebherr is establishing an African maritime hub in Durban to ensure that its Africa-based clients receive the same level of service as could be expected when dealing with the head office in Europe, Liebherr-Africa maritime crane division manager Henner Rodenwoldt tells... 

Nosipho Siwisa-Damasane

By: Martin Creamer     18th April 2014 Main Activity of the Company: Coal export from the RBCT, a 24-hour operation with a design capacity of 91-million tons a year Date and Place of Birth: Peddie, Eastern Cape Education: Ayliff Primary School; Thembelebentu Secondary School; BCom (Accounting); Senior Executive Programme, London... 

Transnet Port Terminals Investment In Equipment Brings Economic Benefit To Local Companies

27th March 2014 In purchasing four ship-to-shore cranes and 18 rubber-tyred gantry cranes from Liebherr Africa that arrived today in the amount of R744 million, Transnet Port Terminals has stimulated local economic activity. Four of the 18 RTGs and two cranes are headed for the Ngqura Container Terminal in the... 

Transnet Port Terminals Cultivates Engineering Capacity In SA

27th March 2014 Transnet Port Terminals today launched a flagship enterprise development initiative “Singakwenza Kwenzeke” (We can make it happen ), a two – year capacity building programme which focuses on increased participation in the engineering sector by businesses owned by black women. The owners of 20... 

Transnet Port Terminals Strategic Intent Goes Beyond Sa Borders

27th March 2014 Transnet Port Terminals has embarked on its strategic intent of venturing into operations beyond South African borders through their partnership with multi-discipline construction and engineering group Aveng. The two conglomerates recently signed a memorandum of understanding that seeks to... 

Transnet Port Terminals Grows Into Supply Chain

27th March 2014 Integrating into the supply chain has seen Transnet Port Terminals team up with leading logistics and supply chain solutions company Barloworld Logistics in operating a cargo freight station in Culemborg, Cape Town. With perfect positioning, the site adjacent to the City’s main highways is... 

Fitch upgrades Transnet to BBB, outlook stable

By: Natalie Greve     30th October 2013 Following a strong showing in its year-end results last week, Fitch Ratings has upgraded South Africa-based Transnet’s long-term foreign currency Issuer Default Rating (IDR) to BBB from BB+ and its long-term local currency IDR to BBB from BBB-. The ratings agency further upgraded the parastatal’s... 

Junior entrants becoming coal terminal shareholders – RBCT 

By: Martin Creamer     9th May 2013 Junior coal mining entrants were becoming shareholders of the Richards Bay Coal Terminal (RBCT), dispelling the notion that use and ownership of the terminal was the preserve of large majors. RBCT CEO Nosipho Siwasa-Damasane, who this week addressed the twelfth Coaltrans Southern Africa coal... 

Nosipho Siwisa-Damasane

By: Martin Creamer     8th March 2013 Position: Chief Executive Officer, Richards Bay Coal Terminal (RBCT) Main activity of company: Coal export from RBCT, a 24-hour operation with a design capacity of 91-million tons a year. Date and place of birth: Peddie, Eastern Cape Education: B.Com Accounting First job: Aitken & Peat (now KPMG)... 

Transnet studies new coal terminal as part of R30bn Richards Bay investment plan 

By: Terence Creamer     7th March 2013 State-owned freight logistics group Transnet is working on two major expansion projects at the Port of Richards Bay, in KwaZulu-Natal, which could together result in investments of more than R30-billion between 2015 and 2020, including the development of a possible new open-access coal terminal.... 

Kudumane processing plant to produce first ore in 2014

By: Zandile Mavuso     14th December 2012 South Africa’s fourth black-controlled manganese mining development, the Kudumane manganese mine, is set to start the construction of its processing plant next year, which is scheduled to produce first ore in April 2014. 

Transnet issues tenders for the acquisition of 1 064 locomotives

By: Terence Creamer     16th July 2012 State-owned freight logistics group Transnet has issued two large tenders for the procurement of 1 064 locomotives for its general freight business (GFB) – the acquisition programmes, which will be implemented between 2013 and 2019, could involve an investment of R35-billion. In what is arguably... 

Transport infrastructure conference to pave way for efficient African logistics 

By: Reggie Sikhakhane     12th June 2012 Increased interest in African commodities has resulted in most African countries reviewing their transport and logistics networks, particularly railway and port infrastructure to improve the conveyance of mined materials.  

First blast at new Kalahari manganese project

By: Martin Creamer     18th May 2012 The first blast took place on last week at the new R1.5-billion Kudumane manganese mining project near Hotazel in the Northern Cape.

Mineral Resources Minister Susan Shabangu conducted the official opening of what is the fourth new black-controlled manganese mining development under way in South... 

First blast at new Kalahari manganese mining project

By: Martin Creamer     8th May 2012 The first blast took place on Tuesday at the new R1.5-billion Kudumane manganese mining project near Hotazel in the Northern Cape. Mineral Resources Minister Susan Shabangu conducted the official opening of what is the fourth new black-controlled manganese mining development under way in South... 

New Ngqura manganese terminal to lift capacity, says Transnet unit

By: Idéle Esterhuizen     4th April 2012 South African port operator Transnet Port Terminals (TPT) has again confirmed that it will relocate the current export manganese facility from Port Elizabeth to a new two-berth facility at the Port of Ngqura by 2015/16, which it says will also facilitate an expansion of South Africa’s manganese... 

Transnet may build coal export capacity at East London

By: Terence Creamer     13th December 2011 South Africa’s State-owned Transnet Port Terminals (TPT) is moving ahead with a plan to develop coal export capacity at the Port of East London, in the Eastern Cape, TPT CEO Karl Socikwa confirmed on Tuesday. Speaking in Johannesburg, Socikwa said work was currently under way at the harbour,... 

R130m materials handling contract under way

By: Dimakatso Motau     23rd September 2011 Diversified engineering group Sandvik Materials Handling is working on a contract to provide Transnet Port Terminals (TPT) with a 2 500-t/h-capacity ship loader to be located at the Port of Richards Bay.  

SNR signs coal off-take deal, looking to export through East London

By: Petronel Smit     4th April 2011 Aim-listed Strategic Natural Resources (SNR) has signed a coal off-take agreement with global steel supplier Trasteel International South Africa for 100% of the beneficiated coal to be mined from SNR's Elitheni mine in the Eastern Cape, up to an initial two-million tons. The company also said on... 

Gama back at the helm of rail, as new Transnet exco is named

By: Terence Creamer     16th March 2011 State freight logistics group Transnet has confirmed the reinstatement of Siyabonga Gama – who was dismissed last year for “governance breaches”, but was reappointed as an executive in the office of the chairperson in February – as the head of its largest subsidiary, Transnet Freight Rail (TFR).... 

Saldanha bulk iron-ore terminal expansion 
to be completed in June 2011

By: Jade Davenport     16th April 2010 The third phase of the Port of Saldanha’s bulk iron-ore handling facility expansion project, the objective of which is to increase throughput capacity of iron-ore from 47-million tons a year to 60-million tons a year, is on track for completion in June 2011.  

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