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An image of Kumba Iron Ore CEO Mpumi Zikalala
Kumba weathers headwinds but 490 jobs at risk as it reconfigures business
20th February 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore delivered solid operational and financial results for the year ended December 31, 2023, despite macroeconomic challenges; however, about 490 jobs could be... 


Roads
Dispute over 5km road could highlight far bigger roadbuilding problem for Gauteng
20th February 2024 By: Terence Creamer

A legal dispute over the granting of an environmental authorisation for a 5-km new road, the K148, in southern Gauteng has the potential to highlight serious legal impediments to the development of... 


Finance Minister Enoch Godongwana
Reserves drawdown is wildcard in South Africa’s election budget
19th February 2024 By: Bloomberg

Enoch Godongwana needs to conjure an annual budget that balances spending pressures stemming from this year’s elections with the South African National Treasury’s commitment to stabilise its... 


Silhouette of a construction site
Budget must address revenue challenges, infrastructure investments – Mavuso
19th February 2024 By: Schalk Burger

While there has been a clear effort by the National Treasury to rein in spending and turn the trajectory of government's financial performance around, the revenue side of the equation has not been... 


Photo of Terence Creamer
Reform momentum
16th February 2024 By: Terence Creamer

From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be... 


Initial signs energy supply is stabilising, logistics to endure for longer – Minerals Council 
16th February 2024 By: Irma Venter

The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent... 


An image of two automotive vehicles treated with ISO-Reliability Partners' Royal Purple lubricants
Supplier secures five-year contract
16th February 2024 By: Trent Roebeck

Marking a successful 2023, lubrication solutions supplier ISO-Reliability Partners has secured a five-year contract with State-owned rolling stock company Transnet Engineering. The company will... 


An image of Cesa CEO Chris Campbell
2024 could be ‘turning point’ for infrastructure sector
16th February 2024 By: Lumkile Nkomfe

Amid an evolving political landscape and the imminent challenges of an upcoming national election, Consulting Engineers South Africa (Cesa) underscores the critical need to expedite infrastructure... 


Locomotives owned by Transnet Freight Rail
EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the... 


Budget expected to show conditions remain unsupportive of fiscal consolidation – Nedbank
15th February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana's 2024 Budget Speech, to be delivered next week, is expected to show that economic conditions will remain broadly unsupportive of significant fiscal consolidation,... 


Santa Rita vessel
Cape Town Container Terminal achieves record refrigerated containers load
14th February 2024 By: Marleny Arnoldi

Transnet’s Cape Town Container Terminal has loaded a record 1 726 refrigerated containers on a single vessel, called the Santa Rita. The vessel, carrying fruit, is destined for Europe. 


New shore tension units acquired by TNPA
TNPA receives first four of 52 new hydraulic tension mooring units
12th February 2024 By: Schalk Burger

State-owned Transnet National Ports Authority (TNPA) has received and operationalised four hydraulic tension mooring units at the ports of Cape Town and Ngqura. This is the first batch of the 52... 


Minerals Council CEO Mzila Mthenjane
Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in... 


Photo of Martin Creamer
Agriculture, crime, health & safety make headlines
9th February 2024

Mining Weekly Editor Martin Creamer unpacks headlines from the Investing in African Mining Indaba, criminal syndicates identified by Transnet and noise-induced hearing loss displacing TB and... 


Transnet needs ‘the right, permanent management, quickly’ – Stellenbosch University academic
9th February 2024 By: Irma Venter

State-owned rail and port operator Transnet could, potentially, show significant improvement this year, compared with last year’s dismal performance, says transport economist and macrologistics... 


Telkom says it has made ‘significant strides’ against vandalism, cable theft
9th February 2024 By: Natasha Odendaal

Telecommunications group Telkom says it has made significant strides against cable theft and vandalism as various joint initiatives drive down infrastructure-related crime at its facilities. Joint... 


IMAGE OF LIQUID BULK TERMINAL
South Dunes Precinct development, South Africa
9th February 2024 By: Sheila Barradas

The Transnet National Ports Authority issued a request for proposals in December 2023 for the appointment of suitable terminal operators to fund, design, develop, operate, maintain and transfer the... 


ArcelorMittal South Africa CEO Kobus Verster
AMSA sees plausible pathway for salvaging longs unit, but ready to reverse closure deferral if urgent progress is not made
8th February 2024 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 


Transnet train transporting iron ore
Transnet problems force Kumba to moderate output
8th February 2024 By: Darren Parker

Anglo American subsidiary Kumba Iron Ore CE Mpumi Zikalala has reiterated that State-owned Transnet’s rail performance challenges have placed so much pressure on Kumba’s value chain that the... 


An image of President Cyril Ramaphosa
Busa seeks govt's backing on private sector support to resolve energy, logistics crises
8th February 2024 By: Tasneem Bulbulia

Business organisation Business Unity South Africa (Busa) has outlined its expectations for President Cyril Ramaphosa’s State of the Nation Address tonight, with the first being a call for a clear... 


Long product being produced
AMSA announces six-month deferral to longs closure after agreements on short-term measures
8th February 2024 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 


Standard Bank chief economist Goolam Ballim
Standard Bank not expecting major fiscal slippage despite election pressures
7th February 2024 By: Terence Creamer

Standard Bank chief economist Goolam Ballim does not anticipate “material fiscal slippage” in the 2024 Budget, despite expenditure pressures associated with the upcoming elections, as well as calls... 


The Cape Town Container Terminal
Backlog at Cape Town Container Terminal reduced
7th February 2024 By: Schalk Burger

The Cape Town Container Terminal completed services for three vessels in a single shift over the weekend, reducing the vessels at anchor from four to one, despite three hours of lost time owing to... 


Reserve Bank governor Lesetja Kganyago
Kganyago roots for central bank independence
7th February 2024 By: Bloomberg

South African Reserve Bank Governor Lesetja Kganyago defended the independence of the monetary authority, which has faced repeated calls for its mandate to be expanded ahead of elections this year.... 


Transnet receives locomotive batteries through RBCT partnership
6th February 2024 By: Schalk Burger

State-owned Transnet has taken delivery of seven full sets of batteries procured by the Richards Bay Coal Terminal (RBCT). The delivery of these critical spares will improve the reliability of... 


Werner Duvenhage, Dr Mashego Mashego and Stephen Bullock
Procurement extortion, copper theft serious issues for South African miners
5th February 2024 By: Rebecca Campbell

One of the major crime problems facing South African mining companies is that of the so-called “construction mafias”, or perhaps more accurately (as far as mining is concerned) “procurement... 


Bunker fuels terminal to be developed on a brownfield site at the Port of Richards Bay
Preferred bidder selected for bunker fuels terminal on brownfield Port of Richards Bay site
5th February 2024 By: Terence Creamer

Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminal as the preferred bidder to develop and operate a liquid bulk terminal specialising in bunker fuels on a brownfield site at... 


Image of the MCSA's Mzila Mthenjane, Nolitha Fakude and Hugo Pienaar
Initial signs that energy sector is stabilising; logistics to take longer – Minerals Council 
5th February 2024 By: Irma Venter

The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent... 


President Cyril Ramaphosa
We are turning ports around, but it will take time – Ramaphosa
5th February 2024 By: Sashnee Moodley

While the recently launched African Continental Free Trade Area will provide advantages for South African companies, the efficiency and competitiveness of the country’s logistics architecture needs... 


Locomotives operating on Transnet Freight Rail's rail lines
Clear commitment to reform implementation needed in SoNA – Mavuso
5th February 2024 By: Schalk Burger

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has urged President Cyril Ramaphosa to show a clear commitment to the hard work of reform implementation during his... 


From left, Randy Fabi, Alan Waller, Gavin Kelly, Xolani Mbambo, Theo Johnson and Matthias Brodner.
Coal line criminals identified, must be jailed – Transnet
2nd February 2024 By: Martin Creamer

The criminal syndicates that regularly bring South Africa’s coal export line to a halt have been identified through the intelligence operations that are conducted by Transnet Freight Rail (TFR).... 


Coal being transported to port
Transnet says rail volumes recovered slightly in the last quarter of 2023
2nd February 2024 By: Tasneem Bulbulia

Transnet Freight Rail (TFR) says it experienced an improvement in rail volumes in the last quarter of the 2023 calendar year, as the implementation of Transnet’s recovery plan got under way. The... 


Photo of Martin Creamer
Rail, R&D partnership and Investing in African Mining Indaba make headlines
2nd February 2024

Mining Weekly Editor Martin Creamer provides updates on the new rail corridor agreement between RBCT and Transnet; Anglo American's partnership with large Chinese recycler GEM for a research and... 


City reiterates call to allow private sector contribution to Cape Town port
2nd February 2024

The City of Cape Town has called on national government to immediately publish the Freight Logistics Roadmap and to encourage private sector involvement in the Port of Cape Town. Economic... 


An image of the steel suction pipe component manufactured by Bay Engineering
Precision engineering firm tallies up project portfolio
2nd February 2024 By: Trent Roebeck

Bay Engineering is an outsourced engineering and jobbing shop, based in Benoni, that specialises in steel pipe fabrication and welding, computer numerical control (CNC) turning and milling and... 


Port of Maputo reports record volume for 2023
2nd February 2024 By: Irma Venter

The Maputo Port Development Company (MPDC) says the Port of Maputo achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public–private partnership between... 


Image of Port of Durban and SA flag
Pier 2 North Quay project reconstruction, deepening and lengthening, South Africa
2nd February 2024 By: Sheila Barradas

The Transnet National Ports Authority has issued a tender for the reconstruction, deepening and lengthening of three berths at the Pier 2 North Quay. 


Dr Juanita Maree
Freight forwarders note some progress in tackling logistics crisis, but call for intensification of collaborative efforts
1st February 2024 By: Terence Creamer

The CEO of the South African Association of Freight Forwarders (SAAFF) believes progress is being made in navigating the ‘perfect storm’ of South Africa’s current logistics crisis, which is... 


Seifsa CEO Lucio Trentini
Metals and engineering employers, trade unions sign landmark relationship agreement
1st February 2024 By: Darren Parker

Employers and trade unions who attended a Metal and Engineering Industries Bargaining Council (MEIBC) meeting on January 31 have signed a landmark process or relationship agreement, paving the way... 


President Cyril Ramaphosa
Ramaphosa says continental market will promote agricultural development, food security as trade begins under AfCFTA
31st January 2024 By: Thabi Shomolekae

President Cyril Ramaphosa said on Wednesday that the start of preferential trade will create great opportunities for growth and development for South Africa and many other African countries.... 


Resources Watch
Resources Watch
31st January 2024

This week: Vanadium junior has expansive plans for long-life operation, mulling JSE listing; New public-private rail corridor agreement already boding well and, SRK celebrating 50 years of... 


MC Mining MD and CEO Godfrey Gomwe
MC Mining pleased with results of Uitkomst colliery turnaround, while Vele colliery struggles
31st January 2024 By: Chanel de Bruyn

Run-of-mine (RoM) production at coal miner MC Mining’s Uitkomst Colliery steelmaking and thermal coal mine , in KwaZulu-Natal, South Africa, increased by 31% year-on-year to 129 272 t for the... 


The Cape Town Container Terminal
TPT reports Cape Town Container Terminal improvements
30th January 2024 By: Schalk Burger

State-owned Transnet Port Terminals (TPT) says the Cape Town Container Terminal reached a high of 17 moves an hour during a single shift in the past week despite fluctuating productivity, and 2 388... 


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