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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... 


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... 


Aerial view of Richards Bay Coal Terminal.
Decline in coal line security incidents is improving performance – Transnet
29th January 2024 By: Martin Creamer

Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve... 


Image of US Prof Jan Havenga
Transnet needs ‘the right, permanent management, quickly’ – Havenga
29th January 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... 


An Investing in African Mining sign
Logistics, energy challenges remain for Mining Indaba host South Africa
29th January 2024 By: Schalk Burger

Mining Indaba to open with SA mining industry hit hard by rail inefficiencies The yearly African Mining Indaba will start on February 5 against the backdrop of the local mining industry facing... 


From top left clockwise, RBCT CEO Alan Waller, RBCT chairperson Nosipho Damasane, Acting Transnet CEO Michelle Phillips and Acting Transnet Freight Rail CE Russell Baatjies.
New public-private rail corridor agreement already boding well – RBCT
25th January 2024 By: Martin Creamer

The three-month-old mutual cooperation agreement that the private-sector-owned Richards Bay Coal Terminal (RBCT) signed with State rail enterprise Transnet in November is already boding well, RBCT... 


The Maputo port
DP World’s $2bn Mozambique port expansion gets approval
24th January 2024 By: Bloomberg

Mozambique approved an extended deal for DP World, Grindrod and other operators of its biggest port, including a $2-billion expansion that will further draw cargoes away from neighboring South... 


Coal being transported on South Africa's railway
Transnet partially restores service on coal export line
19th January 2024 By: Reuters

South African freight rail operator Transnet said late Thursday it resumed partial service on the line connecting to the country's main coal export terminal, four days after two trains collided and... 


Coal loaded for transport by rail
Transnet plans to partially reopen coal line after derailment
18th January 2024 By: Reuters

South African freight rail operator Transnet plans to reopen the first of two coal lines to the country's major coal export terminal on Thursday after it was blocked following a train collision... 


Train collision site near Richards Bay
Recovery efforts under way following derailment of two trains near Richards Bay
16th January 2024 By: Schalk Burger

State-owned Transnet Freight Rail (TFR) is busy with recovery efforts after a derailment in which two trains collided in the early hours of January 14 at Elubana, outside Richards Bay, in... 


Coal shipments on Transnet freight-rail network have plunged to 30-year lows and iron-ore railings are at their lowest in a decade
Crumbling South African rail prompts Botswana to forge new route
19th December 2023 By: Bloomberg

Botswana has received unsolicited bids from investors to build a rail line to a Namibian port that will help avoid South Africa and its disintegrating logistics network. The 1 500 km... 


ITOCHU Africa Bloc CEO Shinya Ishizuka, third from left, with Eastern Cape people at the signing of a memorandum of co-operation with Hive Hydrogen South Africa.
Huge uplift for Eastern Cape on way from South Africa’s R105bn green ammonia project
14th December 2023 By: Martin Creamer

The building of the R105-billion green ammonia project by Hive Hydrogen South Africa is poised to be a huge economic uplift for the Eastern Cape. The large project is the first phase of a... 


A TFR locomotive
South Africa aims to fire up economic growth with port, rail revival
13th December 2023 By: Bloomberg

South Africa’s government and the business community set a target of boosting the economic growth rate by as much as six percentage points by fixing the country’s collapsing ports and freight-rail... 


Thungela expects volume boost from Aus mine, while rail impacts South African volumes
13th December 2023 By: Marleny Arnoldi

JSE-listed Thungela Resources expects to report 2.9-million tonnes of saleable production from the Ensham operation, in Australia, for the 2023 financial year, which is above the company’s... 


PE Bulk Terminal completes yearly maintenance
12th December 2023 By: Marleny Arnoldi

Transnet Port Terminals (TPT) has successfully concluded the yearly ten-day maintenance shutdown of the Port Elizabeth Bulk Terminal to ensure the seamless handling of manganese for the next 12... 


Transnet expects 175 vessel calls as cruise liner season opens
8th December 2023 By: Irma Venter

Transnet National Ports Authority (TNPA) says it expects 175 vessel calls at South African port cities in the 2023/24 cruise liner season, which opened earlier this month. The vessels are expected... 


Photo of Terence Creamer
No love, but some sympathy
8th December 2023 By: Terence Creamer

There is not much love for ArcelorMittal South Africa (AMSA). The near-monopoly business is seen as over-protected, and under responsive by many of its customers. Many questions have been raised... 


Boegoebaai greenfield site
Sasol appoints adviser to search for Boegoebaai hydrogen export hub coinvestors
1st December 2023 By: Terence Creamer

A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the... 


Finance Minister Enoch Godongwana
Treasury says equity injection can be averted as it unveils R47bn Transnet guarantee
1st December 2023 By: Terence Creamer

A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt... 


DRDGOLD's tailings retreatment under way at Ergo.
Recovery of battery metals, PGMs being looked at by DRDGOLD
30th November 2023 By: Martin Creamer

The recovery of battery metals and platinum group metals (PGMs) is being looked at by DRDGOLD, the Johannesburg- and New York-listed company, which is being globally acknowledged for its mastery of... 


NUM Highveld region to march against Transnet over debilitating logistics failures
30th November 2023 By: Schalk Burger

Trade union the National Union of Mineworkers' (NUM's) Highveld Region is planning to march to the offices of the Presidency and the Department of Public Enterprises on December 9 to demand an... 


Busa president and Discovery CEO Adrian Gore
Gore warns of ‘plateauing’ pace of delivery on power, logistics, crime reforms
29th November 2023 By: Terence Creamer

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 


ArcelorMittal South Africa CEO Kobus Verster
ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan
28th November 2023 By: Terence Creamer

ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business... 


The Newcastle Works
3 500 jobs at risk as ArcelorMittal mulls closure of longs units at Newcastle, Vereeniging
28th November 2023 By: Terence Creamer

Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and... 


Magazine Cover image
Prosecutions coupled with zero-tolerance culture key to fighting SA’s corruption scourge
24th November 2023 By: Darren Parker

Corruption has long been an unhappy and increasingly harmful feature of the South African political, economic and business landscape. The extreme scale of this insidious problem came into sharp... 


Photo of Terence Creamer
Light from the tunnel?
24th November 2023 By: Terence Creamer

Reform progress in South Africa rarely moves in a straight line from A to B, with the stop/start nature of the country’s electricity reform being a case in point. Nevertheless, there is a... 


TFR locomotives
More than half of copper cables on TFR's lines replaced with aluminium alternative
17th November 2023 By: Darren Parker

Transnet has, so far, replaced about 55% of the copper cables across its national railway network with an aluminium conductor steel reinforced (ACSR) cable called Tiger Wire, Transnet Freight Rail... 


EXPORT IMPACT
Challenges have affected South African iron-ore producers over the past two years with lower-than-expected export volumes
Opportunities unlocked through addressing fundamentals
17th November 2023

While it is home to several significant iron-ore producers, amid the opportunities within the African iron-ore industry there are also significant challenges, as all bulk material operations... 


an image depicting concrete sleepers in a stockpile
Concrete manufacturer reopens manufacturing plant
17th November 2023 By: Sabrina Jardim

Precast concrete manufacturer Colossal Concrete Products reopened its De Aar manufacturing plant, in the Northern Cape, in September following the conclusion of a one-year contract with State-owned... 


TNPA issues Eol for small, medium-scale LNG imports
17th November 2023 By: Irma Venter

Transnet National Ports Authority (TNPA) has published an expression of interest (EoI) document to determine market appetite for small- to medium-scale liquefied natural gas (LNG) imports through... 


Resources Watch
Resources Watch
16th November 2023

This week: South Africa has the skills to resolve the Transnet issue – Menar, and, AngloGold reaffirms 2023 production guidance 


Truck image
Mind The Gap
16th November 2023

Written by: Jaco Lotheringen MD of Ukwazi A well-known fact about mining businesses is that they are highly susceptible to the cyclical environment of the supply of, and demand for commodities –... 


The Moody's logo
Moody’s places Transnet on review for ratings downgrade
14th November 2023 By: News24Wire

Moody’s Investors Service has placed Transnet on review for a potential credit ratings downgrade due to concerns over liquidity and refinancing risks for the struggling state-owned freight, port... 


SINKING FEELING: South Africans responded with a mix of anger and resignation as the country’s other large and failing State-owned enterprise, Transnet, move to secure taxpayer support for its turnaround plan only months after Eskom was granted a R254-billion debt-relief package. The Transnet leadership have warned that absent an injection and debt relief the recovery plan will fail. The plan does open the door for more private sector participation in the ailing ports and rail systems, however. Photograph: Bloomberg
SINKING FEELING
10th November 2023

South Africans responded with a mix of anger and resignation as the country’s other large and failing State-owned enterprise, Transnet, move to secure taxpayer support for its turnaround plan only... 


Christelle Grohmann
Collaborative strategies are key to overcoming South Africa’s poor rail, logistics performance
10th November 2023

South Africa's transport infrastructure, particularly its rail and logistics systems, are under severe strain, raising critical concerns about the nation's economic growth and employment prospects.... 


A TFR locomotive
Indebted Transnet rolls over R7bn loans for four months
8th November 2023 By: Bloomberg

Transnet rolled over R7-billion of debt due this week until March, giving the South African State-owned port and rail company relief for four months. The bonds, which were due November 6, were... 


Manganese ore on a conveyor
Private South Africa port project set to boost manganese exports
7th November 2023 By: Bloomberg

The Logistics Group has built a port facility in South Africa that will enable increased volumes of a key battery metal to be offloaded from one of the world’s longest freight trains for export as... 


Menar MD Vuslat Bayoglu
South Africa has the skills to resolve the Transnet issue – Menar
3rd November 2023 By: Martin Creamer

South Africa has the skills to resolve the Transnet issue, says Vuslat Bayoglu, the MD of Menar, a private investment company with an actively managed and growing portfolio of mining assets... 


Photo of Terence Creamer
Power in policy
3rd November 2023 By: Terence Creamer

Mineral Resources and Energy Minister Gwede Mantashe has never disguised the fact that he believes that Eskom could be turned around and loadshedding ended if he was made the shareholder-minister... 


Finance Minister Enoch Godongwana
Mining sector will not be spared from coming economic crisis
2nd November 2023 By: Darren Parker

Without an urgent acceleration in the implementation of growth-enhancing structural reforms, South Africa is headed for a fiscal crisis, the Minerals Council South Africa has said, noting that the... 


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