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TFR locomotives
Transnet breaches loan terms again as debt weighs on investment
11th September 2024 By: Bloomberg

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... 


European Commissioner for Energy Kadri Simson at a briefing in Pretoria
R628m in EU grants to support South Africa’s goal of building green-hydrogen ecosystem
9th September 2024 By: Terence Creamer

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... 


Alco-Safe drives substance abuse awareness in the workplace
Alco-Safe drives substance abuse awareness in the workplace
6th September 2024

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.... 


Photo of Terence Creamer
Potential peril
6th September 2024 By: Terence Creamer

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... 


TFR locomotives
Private train operators could access Transnet's rail network by April 2025, says business development exec
5th September 2024 By: Schalk Burger

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 turns to private firms to boost freight rail volumes
5th September 2024 By: Reuters

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... 


 Minerals Council South Africa CEO Mzila Mthenjane
South Africa's mining sector 'gearing for growth' as reforms yield results
4th September 2024 By: Sabrina Jardim

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 delivering Transnet's 2024 results
Phillips confirms 193Mt ‘stretch target’ for rail amid criticism that recovery plan lacks ambition
2nd September 2024 By: Terence Creamer

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... 


South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter, CEO tells Mining Weekly
2nd September 2024 By: Martin Creamer

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... 


Transnet CEO Michelle Phillips (left) and NDB president Dilma Rousseff
NDB signs R5bn loan agreement with Transnet
30th August 2024 By: Irma Venter

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... 


Reserve Bank Governor Lesetja Kganyago
South Africa getting to grips with economic reforms, central bank governor says
30th August 2024 By: Reuters

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... 


CIDB logo
Fifth annual cidb ERWIC Awards recognise catalysts for change in construction industry
30th August 2024

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.... 




TUG CHRISTENING: 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 National Port Authority’s (TNPA’s) R1-billion marine fleet renewal programme, which has raised the number of tugboats at the Port of Durban to 14 in a fleet of 38 across eight commercial seaports. Photograph: TNPA
TUG CHRISTENING
30th August 2024

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... 


Photo of Martin Creamer
South Africa must return to having competitive power and logistics
30th August 2024 By: Martin Creamer

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... 


transnet train
Transnet rolling out novel outcomes-based security approach to protect its infrastructure
28th August 2024 By: Darren Parker

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... 


Port of Nqura laoding container on truck
TPT recovery on track but can be better, CE says
28th August 2024 By: Darren Parker

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... 


A railway line in KwaZulu-Natal that had to be repaired following a 2021 flood
TFR managing less than half of its maintenance investment requirements
28th August 2024 By: Darren Parker

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.... 


Iron-ore produced by Kumba being transported by rail
Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super cycle
28th August 2024 By: Darren Parker

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... 


Alstom/Transnet locomotive
Experts reflect on status of rail reform at SAHHA Conference
27th August 2024 By: Marleny Arnoldi

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... 


Railway lines in Southern Africa
Scramble for critical minerals spurs an African rail revival
26th August 2024 By: Bloomberg

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... 


Cape Town Archbishop and Renewal Programme Patron Thabo Makgoba.
Mining companies need mechanisms to solve conflicts, Marikana memorial hears
20th August 2024 By: Martin Creamer

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 MD Vuslat Bayoglu.
Menar envisages reviving Metalloys smelter, selling beneficiated manganese to world
20th August 2024 By: Martin Creamer

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... 


Logo
Advanced Group providing turnkey fire mitigation, suppression solutions
20th August 2024

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... 


Thungela CEO July Ndlovu
Thungela’s underwhelming interim results attributed to coal price dips, rail inefficiencies
19th August 2024 By: Darren Parker

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... 


Magazine Cover Image
What auto industry wants from government to keep the wheels turning
16th August 2024 By: Irma Venter

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... 


An image of Investec's Dylan Govender
Weather conditions hinder deliveries
16th August 2024 By: Lynne Davies

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... 


Photo of Terence Creamer
Vertical integration costs
16th August 2024 By: Terence Creamer

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... 


Exxaro CEO Dr Nombasa Tsengwa.
Exxaro expecting interest rates to begin to lower during the remainder of this year
15th August 2024 By: Martin Creamer

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... 


Transnet freight train
Transnet’s recovery plan lacks the ambition needed for higher growth, government and business warn
15th August 2024 By: Terence Creamer

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... 


Coal being transported on TFR's coal rail line
South Africa's coal export line will need five years to refurbish
13th August 2024 By: Bloomberg

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... 


RBIDZ COO Muzi Shange
RBIDZ gassing up to advance country’s energy security to support industrialization
8th August 2024 By: Tracy Hancock

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)... 


The Port of Cape Town
South Africa can fix backlogged ports in a year, Ntshavheni says
7th August 2024 By: Bloomberg

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... 


An iron-ore mine owned by Afrimat
Afrimat optimistic of improved second-half performance
6th August 2024 By: Creamer Media Reporter

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 production
Steel giant sees first demand ‘green shoots’ in years as GNU prioritises infrastructure and localisation
1st August 2024 By: Terence Creamer

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... 


A generic image of a railway locomotive
Long-standing relationships key
26th July 2024 By: Lumkile Nkomfe

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... 


An image of MasQtec employees working in a factory
Manufacturer commits to providing innovative solutions
26th July 2024 By: Lumkile Nkomfe

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... 


A Large shipping vessel berthed at the Saldanha Multi-Purpose Terminal ready to be loaded with Ore for export
Iron-ore exports on the up
26th July 2024 By: Halima Frost

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... 


Photo of Terence Creamer
Growth levers
26th July 2024 By: Terence Creamer

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... 


An iron ore train on tracks covered in ore dust
Post Covid-19 iron-ore sector faces new challenges
26th July 2024 By: Halima Frost

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... 


Anglo American CE Duncan Wanblad.
We’re moving at pace to create more agile, profitable Anglo, CE Wanblad reports
25th July 2024 By: Martin Creamer

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.... 


Amith Singh, National Manager for Manufacturing, Nedbank Commercial Banking
Manufacturing sector shows uptick and paves the way for economic growth
25th July 2024

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... 


coal on train
TFR boasts slight improvement but admits much work still to be done
24th July 2024 By: Darren Parker

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... 


Kumba Iron Ore CEO Mpumi Zikalala.
Public-private partnership providing powerful performance potential – Kumba Iron Ore
23rd July 2024 By: Martin Creamer

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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