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Transnet mulls options to improve Durban port efficiencies

4th August 2017 Improving ship turnaround times, implementing a scheduling system to alleviate crippling truck congestion at the Durban Container Terminal (DCT) and rescheduling construction of the Durban Dig Out Port (DDOP) were some of the key topics discussed during a business-to-business breakfast hosted by... 

Durban port upgrade and expansion project, South Africa

21st July 2017 The project to lengthen and deepen two berths at the Durban Container Termnal has been approved. 

Transnet insists bond appetite remains as it again lowers capex forecast

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‚Äôs credit rating, insisting that appetite for its bonds remains strong both domestically and internationally. CFO Garry Pita said the reports... 

Richards Bay dry bulk terminal commissions harbour cranes

29th June 2017 Two 144 t mobile harbour cranes [MHC], moved from Maydon Wharf, in Durban, to the Richards Bay dry bulk terminal [DBT] have been fully commissioned, Transnet Port Terminals (TPT) said on Thursday. The move entailed lifting the MHCs with the help of heavy lift gear cranes. This was followed by a... 
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Rand drops on Zuma's suprise 'pro-nuclear' Cabinet reshuffle

The rand lost more than 0.5% within minutes of President Jacob Zuma's announcement of yet another surprise Cabinet reshuffle. The biggest move is that of energy - Mmamoloko Kubayi has been moved from the energy portfolio to communications, with David Mahlobo now occupying the position of Minister... 

Clover appoints CFO designate

Frantz Scheepers has been appointed CFO designate of JSE-listed Clover, effective November 1. He will succeed current CFO Elton Bosch. 
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