Transnet is currently under significant scrutiny due to the recent Container Port Performance Index (CPPI) which ranked South Africa’s ports among the lowest of 405 evaluated worldwide. The challenges faced by the country’s ports have been further exacerbated by inclement weather conditions, impacting their operational efficiency. The latest Cargo Movement Update (CMU), prepared by Business Unity South Africa and the South African Association of Freight Forwarders, highlighted a significant week-on-week decline in container handling capacity, dropping from 8,244 to 5,737 containers daily. This 30.3% decrease in throughput capacity is...
Benefiting from improved pricing and strong demand in wild-caught fish, the Sea Harvest Group has recorded a three percent revenue increase to R3.3 billion...
It is shocking that financial institutions that do business in Africa continue to practice financial apartheid by cutting off capital and financing to oil...
The New Development Bank (NDB) is pleased to announce a R5 billion loan agreement with Transnet, South Africa’s leading freight transport and logistics company....
COSCO SHIPPING Development has signed an investment, construction and leasing agreement for 42 bulk carriers on 30th August. This milestone marks the largest shipbuilding...