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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,... 

TNPA granted enviro approval for R1.4bn Richards Bay floating dock

By: Marleny Arnoldi     31st October 2018 The Department of Environmental Affairs (DEA) has given Transnet National Ports Authority (TNPA) the green light to build a long-awaited R1.4-billion floating dock at the Richards Bay port. The floating dock facility, which will be located at the port’s Small Craft Harbour, forms part of the... 

Port of Richards Bay Floating Dock Receives Green Stamp of Approval

31st October 2018 The Department of Environmental Affairs (DEA) has given Transnet National Ports Authority’s (TNPA) Port of Richards Bay the green light to construct its long-awaited multi-million-rand floating dock infrastructure. The new R1.4 billion floating dock facility, which will be located at the port’s... 

Volvo launches new 95 t rigid hauler for coal, bulk commodities industries

By: Schalk Burger     26th October 2018 Earthmoving equipment manufacturer Volvo Construction Equipment on Thursday launched a new 95 t rigid hauler for the coal and bulk commodities industries in Southern Africa. Its local partner, construction equipment company Babcock Equipment, would provide the support and services for the... 

A chain reaction of quality and reliability with Powermite’s EKD Kolibri energy chain

19th October 2018 Powermite has been a leading supplier of EKD Kolibri energy chain to the Southern African market for more than three decades. The company shares a combined knowledge of over 50 years in drag chain applications with EKD, the globally renowned energy chain manufacturer based in Germany. “EKD energy... 

Port of Cape Town infrastructure and port development projects, South Africa

By: Sheila Barradas     19th October 2018 The Transnet National Ports Authority has identified infrastructure and port development projects that will address three critical sectors in the Port of Cape Town – liquid bulk, ship repair and tourism. 

TNPA tests helicopter service at Cape Town port 

By: Simone Liedtke     15th October 2018 Transnet National Ports Authority (TNPA) is exploring options to introduce a helicopter service at its Port of Cape Town to assist with operations during major swells and to increase the availability of service during stormy conditions. With Cape Town having been plagued recently by... 

Durban Container Terminal: Pier 2 North Quay berth deepening project, South Africa

By: Sheila Barradas     12th October 2018 Transnet plans to create deeper berths at the Durban Container Terminal Pier 2’s North Quay to enable the Port of Durban to accommodate newer-generation container vessels. 

China swoops in on Canadian oil that's $50 below US crude

By: Bloomberg     11th October 2018 Chinese oil buyers are making a beeline for a bargain across the Pacific. With Canadian oil over 60% cheaper than US benchmark West Texas Intermediate and global marker Brent, China’s refiners are being lured to the heavy, sludgy crude. That’s because – apart from being a source of fuel – it’s... 

Buy local to save jobs in South Africa, says Ramaphosa

By: African News Agency      4th October 2018 President Cyril Ramaphosa on Thursday urged companies doing business in South Africa, government entities and the general populace to prioritize purchasing locally manufactured goods and products in a bid to create and save jobs. "For the economy to grow and for jobs to be created, it is... 

Detailed Jobs Summit package includes R100bn for black industrial firms  

By: Terence Creamer     4th October 2018 The detailed 84-page framework agreement unveiled by President Cyril Ramaphosa at the much-anticipated Jobs Summit on Thursday includes a reaffirmation of a commitment by the financial sector to invest R100-billion in black-owned industrial enterprises over the coming five years. Funding for... 

Ports’ Customer Forum seeks to align Eastern Cape planning

4th October 2018 Transnet National Ports Authority (TNPA) hosted port clients and representatives of government, business and industry at the Nelson Mandela Bay ports’ Customer Forum on 28 September in the Port of Ngqura. The session aimed to align TNPA’s plans to meet the business requirements of port users.... 

African transport infrastructure insufficient for continental growth – Nzimande

By: African News Agency      4th October 2018 Transport Minister Blade Nzimande has said that if Africa wants to capitalise on its fast growth trajectory it needed better transport and logistics as current infrastructure was “insufficient”. Delivering the keynote address at the 2018 African Ports and Rail Evolution Conference at the Inkosi... 

Transnet lining up to be a global player by 2020, Gama tells delegates

By: African News Agency      2nd October 2018 Embattled Transnet chief executive Siyabonga Gama on Tuesday told delegates at a transport and logistics conference in Durban that the parastatal is aiming to be a multi-billion rand player in the global logistics game by 2020. “We aim to grow Transnet to a R100-billion business by 2020 and a top... 

Stanbic Botswana secures $125m loan guaranty to support diamond sector

By: Tasneem Bulbulia     27th September 2018 Stanbic Bank Botswana, which is a member of Standard Bank Group, has, along with the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, and Botswana Finance, a subsidiary of Lazare Kaplan International, signed a $125-million loan guaranty, which... 

China’s preference for long-term contracts affecting Indian iron-ore miners

By: Ajoy K Das     25th September 2018 Indian overseas shipment of high-grade iron-ore fines and lumps is facing significant risks as Chinese steel mills are increasingly looking at long term supply agreements. According to three miner-exporters based in the eastern Indian province of Odisha, the largest iron-ore producer in the... 

Advisian quickly becoming an advisor of choice in transport and master planning

By: Creamer Media Reporter      25th September 2018 Transport infrastructure is a primary driver for expanding trade and sustainable development throughout the EMEA region. This is particularly the case in the SSA (sub-Saharan African) and MENA (Middle East and North Africa) regions, where the integration of transport infrastructure with new... 

China's iron-ore demand to remain flat as scrap steel use rises

By: Reuters     20th September 2018 China's iron-ore demand is expected to stay flat, said an official from Baoshan Iron & Steel Co, the country's biggest listed steelmaker, as Beijing's stricter environmental rules boost the use of scrap steel. China's growing stockpiles of scrap steel should also increase its use in steelmaking... 

Shedding Light on Durban’s Emerging Aerotropolis

By: Creamer Media Reporter      20th September 2018 There is currently much being said about Durban’s emerging aerotropolis. Mooted to spearhead significant economic and social transformation in KwaZulu-Natal, it is worth unpacking exactly what an aerotropolis is and what the benefits to the province will be. An aerotropolis is a strategic,... 

Ngqura Port celebrates milestone

By: Simone Liedtke     19th September 2018 The developing Port of Ngqura, owned by Transnet National Ports Authority, celebrated a milestone this week, with the arrival of the first vessel discharging cargo for Osho Cement. Osho Cement is a new cement manufacturer currently under construction in the Coega Special Economic Zone (SEZ), in... 

TNPA appoints Seroka business development officer

By: Marleny Arnoldi     18th September 2018 Transnet National Ports Authority (TNPA) has appointed Linda Seroka business development officer, effective September 18. Seroka’s role will be to explore and unlock growth opportunities for TNPA and its clients in the fields of commercial and marketing, strategy, property and facilities... 

Hurricane threatens US coking coal exports

By: Mariaan Webb     13th September 2018 Prices of metallurgical coal, used by steelmakers, are likely to rise if Hurricane Florence disrupts port operations at Virginia’s Hampton Roads for an extended time, Wood Mackenzie (Woodmac) said on Thursday. Hurricane Florence, which has been downgraded from a category four to a category two... 

Failure not an option at DCT berth deepening project, says TNPA

By: Shirley le Guern     11th September 2018 Transnet’s R7-billion megaproject to create deeper berths at the Durban Container Terminal (DCT) Pier 2’s North Quay will create some disruption and require close collaboration. However, given that this is the first project to be funded by the Brazil, Russia, India, China and South Africa's New... 

TNPA to prioritise ship repairs, oil and gas facilities at Cape Town, Saldanha ports

By: Marleny Arnoldi     10th September 2018 Transnet National Ports Authority (TNPA) has identified infrastructure and port development projects that will be prioritised at its Cape Town and Saldanha ports. This was announced following the Western Cape Regional Customer Forum, held on August 31. The forum is aimed at aligning TNPA’s... 

Danakali banks on new investor mood to fund Eritrean mine

By: Reuters     7th September 2018 Fertiliser miner Danakali aims to raise $322-million this year to develop giant potash reserves in Eritrea, industry sources say, banking on Asmara's warmer ties with Ethiopia to help lure investors. The project will test the changing mood in the West towards the isolated nation, sandwiched... 

South Africa’s logistics ranked third among upper-middle-income countries

By: Simone Liedtke     6th September 2018 The 2018 World Bank Logistics Performance Index (LPI) ranks South Africa as the third most competitive market behind Thailand and China in terms of logistics performance among upper-middle-income economies ranking. Brand South Africa on Thursday welcomed the results of the LPI, which also sees... 

India-US dialogue to set outline for Indian crude oil imports from Iran

By: Ajoy K Das     5th September 2018 The Indian government will not totally halt crude oil imports from Iran, but will likely show flexibility on volumes of inward shipment as a nuanced stance at the US-India bilateral engagements starting Wednesday. The Indian government reckons that this willingness to reduce crude volume imports... 

At China-Africa summit, officials dismiss debt criticism

By: News24Wire      5th September 2018 Chinese and African officials have rejected criticism of Beijing's development projects on the continent as they ended a summit that included a $60-billion pledge for more aid to the continent. President Xi Jinping hosted leaders from across Africa  amid questions whether his country's Belt and... 

African rail industry urged to adopt concepts of Fourth Industrial Revolution

By: Nadine James     4th September 2018 The African rail industry must adopt the concepts and develop the technologies of the Fourth Industrial Revolution to facilitate, and realise, the industrialisation aspirations of the continent, delegates attending a South African Heavy Haul Association (SAHHA) technical workshop, on Tuesday,... 

Grindrod reports strong recovery in interim earnings

By: Marleny Arnoldi     31st August 2018 Freight and financial services group Grindrod has achieved a strong year-on-year recovery in the six months to June 30, with its earnings a share having increased to 317c, compared with a loss a share of 11.5c in the first half of 2017. Headline earnings a share were 3.8c, compared with a... 

Gas monitor upgraded for better accuracy

31st August 2018 Mining equipment supplier Becker Mining South Africa has extended its range of safety and communications systems to include an upgraded atmospheric and environmental monitoring system, designed for use in industries where the presence of gases may pose a safety or health risk for employees and... 

Cabling system enables increased data transfer

By: Evert Wasserman     31st August 2018 French industrial group Legrand designed its latest system to ensure high-performance, through structured cabling systems and a high quality cabling system called Legrand’s Cabling Solutions (LCS³). 

Bauba optimistic for FY2019, despite potentially weaker chrome market

By: Simone Liedtke     30th August 2018 JSE-listed Bauba is optimistic about prospects for the 2019 financial year, despite the possibility of a weaker chrome market. Commenting on the chrome producer’s results for the 2018 financial year, ended June 30, CEO Nick van der Hoven explained that the ramp-up of underground production to 30... 

Rental market, power-as-service offerings underpinning demand for generators

By: Schalk Burger     24th August 2018 A growing rental market and the provision of expert services, including electrical engineering services, is providing global generator manufacturer Himoinsa with good growth in Southern Africa, says Himoinsa Southern Africa business development director Matt Bell. The rental market provides it... 

Dachser South Africa driving excellence in road freight services

17th August 2018 According to logistics company Dachser South Africa road freight in Africa can be a challenging undertaking. Therefore, transporting goods and services throughout the continent requires a network of support partners, a team that has up-to-date information on multi-country customs and border... 

Our innovations are the key partnership to your future

By: Yolande Botes     17th August 2018 “The EIE Group is known for its innovative state-of-the-art machinery and associated technologies on their automated and semi-automated solutions. Similarly, our reputation for applying solutions that ensure that our customer’s operations are fully optimised and fully supported through our... 

Beowulf marks maiden resource milestone at Aitolampi

By: Creamer Media Reporter      13th August 2018 Aim-listed Beowulf has announced a maiden mineral resource estimate for its Aitolampi graphite project, which it believes has the potential to serve the developing battery manufacturing market in Finland and Sweden. The Aitolampi project, in eastern Finland, has an indicated and inferred mineral... 

Should we worry about Chinese generosity?

By: Martin Zhuwakinyu     10th August 2018 Back in March, former US Secretary of State Rex Tillerson became the umpteenth Western big gun to urge Africans to beware of Chinese generosity on the continent, which has taken the form of freebies such as the African Union headquarters in Addis Abba, Ethiopia – built at a cost of $200-million... 

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