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Transnet breached loan covenants for a second year running as the South African port and rail operator staggers under a debt burden that’s constraining investments needed to resurrect its ailing...
The EU has announced R628-million (€32-million) in grant funding to support the development of South Africa’s nascent green-hydrogen industry, as well as to facilitate net-zero-related investments...
Breathalyser specialist Alco-Safe is continuously expanding its offerings related to alcohol testing, drug testing and substance abuse awareness in efforts to make the mining workplace safer....
The assignment of shareholder responsibilities for State-owned enterprises (SOEs) that previously fell under the Department of Public Enterprises (DPE) to line departments is an important, yet...
State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open...
Zimbabwe's State-owned railway operator has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after...
Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals...
Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set...
The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time...
The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly...
South Africa is getting to grips with reforms that could lift its economic potential, its central-bank governor said on Thursday, adding that success tackling a longstanding power crisis could spur...
The Construction Industry Development Board (cidb) hosted its prestigious Empowerment and Recognition of Women in Construction (ERWIC) Awards on August 22, 2024, in Sandton, north of Johannesburg....
A bottle of bubbly being smashed against the side of the Sepelong, one of five new tugboats christened at a ceremony held at the Port of Durban earlier this month. The vessels form part of Transnet...
For a South African company to build a ferromanganese smelter in another country is a clear reflection of how the country’s power became so expensive that it was better to beneficiate our manganese...
State-owned Transnet is implementing a novel outcomes-based security (OBS) approach to combat the high levels of theft and vandalism on its rail network, chief security officer Ashwin Govind has...
State-owned Transnet Port Terminals (TPT) CE Jabu Mdaki has expressed satisfaction with the company's progress in meeting its Phase 1 recovery plan targets, while also acknowledging the need for...
State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements....
Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated...
With Transnet’s export coal and iron-ore volume performance having reached multidecade lows in recent years and mining companies not weathering low commodity cycles sufficiently, the focus of this...
Southern Africa’s railways are suddenly getting global attention and attracting billions of dollars in investment, with a race to secure copper supplies needed for the energy transition at its...
Mining companies need mechanisms to solve conflicts by reaching consensus with stakeholders on dealing with grievances and disputes, former Minerals Council South Africa VP and current Transnet...
Menar, which recently signed a deal to acquire Samancor’s Metalloys, envisages reviving the ferromanganese smelting complex and exporting beneficiated manganese to the world. “It’s an exciting...
Built on the back of a growing demand for a reliable, top-end service provider, safety and risk management specialist Advanced Group continues to evolve to include products and services that can...
Coal producer Thungela has blamed an unfavourable price environment across the Richards Bay and Newcastle Benchmark coal prices, together with the continued underperformance by State-owned Transnet...
South Africa’s seventh administration has taken office amidst a flagging domestic economy desperately seeking traction. The automotive industry, South Africa’s biggest manufacturing industry, has...
As the Cape of Good Hope experiences heavy winds and cyclones, container ships are being further diverted and trade is being severely disrupted. Anglo-South African banking and wealth management...
For some, the unbundling of South Africa’s vertically integrated electricity utility is viewed as a wonkish problem somewhat akin to insisting that line departments should not have shareholder...
Johannesburg-listed coal and energy company Exxaro is expecting the Federal Reserve, the European Central Bank, the Bank of England and the South African Reserve Bank, among others, to start...
Government and business are urging Transnet to show greater ambition in its plans to recover freight volumes, describing the current recovery plan as falling well short of what is required to...
South Africa’s State-owned rail company needs $669-million and five years to upgrade equipment to revive performance of its main export coal line, according to an internal report. Coal shipments...
Establishing an energy hub in Richards Bay, in line with the Integrated Resource Plan to support South Africa’s energy security, is closely linked to growing KwaZulu-Natal’s (KZN’s)...
South Africa’s ports — ranked among the world’s worst — are improving and state-owned operator Transnet will fix them within the next 12 to 14 months, Minister in the Presidency Khumbudzo...
Mid-tier mining and materials company Afrimat reports that steady progress is being made with the integration of the Lafarge business, which it acquired earlier this year, and that the suspension...
Steel producer ArcelorMittal South Africa (AMSA), which has been bemoaning weak domestic demand conditions for several years, reports that it is witnessing signs of “green shoots” in manufacturing...
Engineered Bearings and Industrial Motion product supplier Timken states that its ability to build meaningful business relationships in the railway industry over the past 90 years has provided a...
Specialised industrial rubber moulding manufacturer MasQtec asserts that its ability to harness cutting-edge technology to reverse engineer and develop rail solutions within its manufacturing...
The Saldanha Multi-Purpose Terminal (MPT), owned and operated by State-owned freight logistics company Transnet Port Terminals (TPT), recorded a volume increase of 6.2% year-to-date in March, it...
It was far from certain only weeks ago how a government of national unity (GNU) of ten political parties, some with strongly divergent ideological positions, was going to agree on a common...
Although the South African iron-ore sector showed a “healthy recovery” in 2021 and 2022 after emerging from the Covid-19-induced slump in 2020, figures have again trended downwards since 2022...
Diversified mining company Anglo American, which is in the process of restructuring itself, on Thursday delivered $5-billion underlying half-year earnings for the six months to the end of June....
Recent data from Stats SA paint a complex yet cautiously optimistic picture of South Africa's manufacturing sector. Despite a notable downturn earlier in the year, the latest statistics from April...
Although there has been a “slight” improvement year-on-year in terms of State-owned Transnet Freight Rail’s (TFR’s) North Corridor performance, the beleaguered rail operator is “not out of the...
The commitment of South Africa’s new multi-party government to continued reform of this country’s iron-ore logistics was hailed on Tuesday by Kumba Iron Ore. During the presentation of half-year...
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