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Moody’s places Transnet on review for ratings downgrade
14th November 2023 By: News24Wire

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... 


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.... 


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... 


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... 


Photo of Terence Creamer
Power in policy
3rd November 2023 By: Terence Creamer

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... 


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... 


An image depicting Michel Basson
More education initiatives needed in local industry
27th October 2023 By: Sabrina Jardim

Education and skills development remain indispensable for the South African stainless steel industry, however, the training and development of productive and skilled staff has become a “major... 


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... 


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... 


Saldanha Bay Transnet port terminal.
Anglo’s Kumba achieves iron-ore prices above benchmark in third quarter
24th October 2023 By: Martin Creamer

Iron-ore prices strengthened during the third quarter of this year despite a 7% increase in global iron-ore supply and thin steel mill margins. Steel production in China has In the year to date... 


An Eskom logo
Top bond investor slams South Africa bid to fix State firms
24th October 2023 By: Bloomberg

Futuregrowth Asset Management, a South African money manager overseeing more than R190-billion of fixed-income assets, says the government’s draft legislation meant to address inefficiencies at... 


Participants who spoke during Creamer Media's October 18 webinar on the transport sector in South Africa
Competition, collaboration needed for an efficient logistics network in South Africa
19th October 2023 By: Schalk Burger

Competition is important to create efficiencies in the logistics and transport network, but collaboration is similarly necessary to ensure that all the public and private sector role-players can... 


TFR transporting coal to port
Ramaphosa rules out privatisating State companies
17th October 2023 By: Bloomberg

President Cyril Ramaphosa reiterated that his administration wasn’t moving to privatize state-owned companies as the government initiates reforms to clean up their balance sheets and revive their... 


A train operated by Transnet Freight Rail
Embattled Transnet seeks South Africa’s support to turnaround
16th October 2023 By: Bloomberg

South Africa’s embattled State-owned freight-rail and ports company identified areas that require immediate state support in a turnaround plan that is being submitted to the government. Transnet's... 


Neglect, mismanagement threaten S Africa's once-promising transport infrastructure, warns Cesa
13th October 2023 By: Nadine Ramdass

South Africa boasts extensive road and railway systems, along with well-equipped ports and airports, some of which are comparable to infrastructure in developed nations. However, a lack of... 


Dhiren Vanmali
Opinion: Speedbumps, not roadblocks, beckon South African bakkie builders
10th October 2023

In this opinion article, Ford Motor Company of Southern Africa sales operations executive director Dhiren Vanmali writes that South Africa's hosting of the Africa Growth and Opportunity Act (Agoa)... 


An image of a TFR locomotive
TFR undertaking initiatives to address constraints, outgoing CEO says
5th October 2023 By: Tasneem Bulbulia

Transnet Freight Rail (TFR), as a division of Transnet, is affected by three major constraints hampering the entity; however, there are initiatives under way to mitigate this and some progress is... 


Wagons of coal being transported to port by rail
Transnet rail CEO Siza Mzimela has resigned
5th October 2023 By: News24Wire

The CEO of Transnet Freight Rail (TFR) Siza Mzimela has resigned.  Mzimela sent out a letter to staff on Thursday reminding them of the progress made in the past three years, thanking them for... 


Anglo American cutting head office jobs in several countries
4th October 2023 By: Reuters

Anglo American said it is cutting corporate office jobs across several countries, as unions said its South African iron-ore business plans to lay off scores of workers at its head office. The... 


Energy Council of South Africa chairperson and Sasol CEO Fleetwood Grobler
Business, govt collaboration showing signs of success in addressing multiple crises
4th October 2023 By: Marleny Arnoldi

Business is working to add more than 10 GW of generation capacity to the electricity system by the end of next year, which would effectively end loadshedding in South Africa, Sasol president and... 


An image showing vessel MV BBG Leader
East London handles first shipment of export manganese
3rd October 2023 By: Tasneem Bulbulia

The East London port received its first export manganese call on October 3 when vessel MV BBG Leader docked to load 30 000 metric tonnes at the East London Multipurpose Terminal. In preparation,... 


Richards Bay Coal Terminal
Striking workers at key South Africa coal port reject wage offer
29th September 2023 By: Bloomberg

Workers at the Richards Bay Coal Terminal in South Africa rejected its latest wage offer and will continue to strike, according to the main labour union at the port. Members of the Association of... 


CUTTING EMISSIONS
Countries that are heavily reliant on coal for baseload power should look to implement clean coal technologies in their carbon emission strategies
Practical JET implementation
29th September 2023 By: Bridget Lepere

Negative pressures – such as lower coal prices, loadshedding and poor logistics performance by State-owned freight company Transnet – have impacted on coal miners’ approach to the just energy... 


TPT's Eastern Cape Terminals
Following national trend, Eastern Cape Terminals introduce a truck appointment system
28th September 2023 By: Creamer Media Reporter

Transnet Port Terminals' (TPT's) Eastern Cape Terminals has introduced a mandatory truck appointment system in a move to improve coordination and streamline processes across different commodities.... 


A wind turbine, solar panel and hydrogen storage tank
South Africa needs to look internally before going global on hydrogen
28th September 2023 By: Natasha Odendaal

As South Africa progresses its hydrogen strategies and plans as a means to mitigate climate change and to bolster security of energy supply, the country needs to look internally before embarking on... 


Glencore, Seriti weigh job cuts in South Africa due to ‘dire’ train situation
Glencore, Seriti weigh job cuts in South Africa due to ‘dire’ train situation
27th September 2023 By: Bloomberg

Glencore and Seriti Resources are in talks to cut hundreds of jobs in South Africa as their ability to export coal is stymied by inefficiencies at the state-run freight company. Transnet, which... 


Railway tracks
Bad weather causes major disruptions on TFR’s Cape Corridor
27th September 2023 By: Darren Parker

State-owned rail company Transnet Freight Rail (TFR) has announced that it is experiencing significant disruptions to rail services on some parts of the Cape Corridor as a result of severe weather... 


President Cyril Ramaphosa alongside Discovery CEO Adrian Gore at a joint government-business meeting at Discovery Place, Sandton.
Roadmap to ‘fundamentally reform’ freight logistics sector by end of October
27th September 2023 By: Terence Creamer

Government has committed to finalise a Freight Logistics Roadmap, outlining a sequenced set of actions to fundamentally reform the logistics system, by the end of October. The commitment was made... 


Saldanha iron-ore terminal to shut for maintenance
Saldanha iron-ore terminal to shut for maintenance
26th September 2023 By: Darren Parker

The Saldanha Iron Ore Terminal (IOT) will begin its 28-day yearly maintenance shutdown on September 28. During this period, the terminal will perform maintenance on its major equipment across... 


Photo of Martin Creamer
On-The-Air (22/09/2023)
22nd September 2023 By: Martin Creamer

Martin Creamer unpacks Gautrain developments and green energy. 


SA component makers aim to invest R4.8bn
22nd September 2023 By: Irma Venter

The South Africa component industry will invest R4.8-billion in the South African economy up to the end of next year, says National Association of Automotive Component and Allied Manufacturers... 


Transnet CEO Portia Derby
Transnet says indebted companies are behind the calls for its CEO’s removal
21st September 2023 By: Bloomberg

South Africa’s beleaguered state ports and rail company deepened its feud with the private sector, accusing business chambers of intimidation because they owe it money. A September 12 letter from... 


Rail link to Port Elizabeth port damaged by rough seas
18th September 2023 By: Schalk Burger

Transnet Freight Rail's (TFR's) rail link into the Port of Port Elizabeth has been heavily damaged by rough sea conditions that caused a wash-away of the track formation on September 16. This is... 


Photo of Martin Creamer
Employment of the best person for the job is absolutely non-negotiable
15th September 2023 By: Martin Creamer

African Rainbow Minerals Dr Patrice Motsepe is correct to demand in the loudest possible voice that South Africans must insist once and for all that the principle of employing the best person for... 


Photo of Terence Creamer
Debt derailment?
15th September 2023 By: Terence Creamer

As with so much else in South Africa currently, the indication given by new Transnet chairperson Andile Sangqu that the State-owned freight logistics group may require an equity injection is... 


Overstocked Motus faces slowing South African new-vehicle market
15th September 2023 By: Irma Venter

Following seven months of trading, it is clear that the South African new-car market is unlikely to reach the 540 000 to 560 000 units expected at the beginning of the calendar year, says Motus CEO... 


A locomotive owned by Transnet Freight Rail
Considerable challenges hampering TFR's performance, but interventions under way
14th September 2023 By: Tasneem Bulbulia

There are myriad of challenges plaguing State-owned rail operator Transnet Freight Rail (TFR), ranging from infrastructure and security to skills shortages; however, several interventions are under... 


Resources Watch
Resources Watch
13th September 2023

This week: Results needed from Transnet partnership, Motsepe emphasises; Record platinum deficit, above-ground platinum stocks decimation on way; and, Menar says South Africa must make Transnet... 


Photo of Martin Creamer
On-The-Air (08/09/2023)
8th September 2023 By: Martin Creamer

Martin Creamer talks about platinum, commodities and clean electricity. 


Menar MD Vuslat Bayoglu.
South Africa must make Transnet work or economy will grind to halt – Menar
8th September 2023 By: Martin Creamer

South Africa has no option but Transnet, and the country must make the State logistics enterprise work or the entire economy will grind to a halt, Menar MD Vuslat Bayoglu highlighted in an... 


Image of stocks displayed on graphical interface
Unresolved problems dog manufacturing
8th September 2023 By: Bridget Lepere

The machinery and capital equipment industry is “very quiet” and many businesses are reluctant to spend on marketing or new procurement, owing to challenges such as power failures, water cuts,... 


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Carolina lithium project, US – update
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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

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John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

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Actom

Your one-stop global energy-solution partner

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