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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...
There is not much love for ArcelorMittal South Africa (AMSA). The near-monopoly business is seen as over-protected, and under responsive by many of its customers. Many questions have been raised...
A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the...
A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt...
The recovery of battery metals and platinum group metals (PGMs) is being looked at by DRDGOLD, the Johannesburg- and New York-listed company, which is being globally acknowledged for its mastery of...
Trade union the National Union of Mineworkers' (NUM's) Highveld Region is planning to march to the offices of the Presidency and the Department of Public Enterprises on December 9 to demand an...
Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is...
ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business...
Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and...
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...
Reform progress in South Africa rarely moves in a straight line from A to B, with the stop/start nature of the country’s electricity reform being a case in point. Nevertheless, there is a...
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
Written by: Jaco Lotheringen MD of Ukwazi A well-known fact about mining businesses is that they are highly susceptible to the cyclical environment of the supply of, and demand for commodities –...
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...
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 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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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)...
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...
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 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...
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...
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,...
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...
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...
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....
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