Grindrod's diesel-electric locomotive‚ which the company said was the cheapest in the world‚ could pit the logistics group as a competitor against state rail utility Transnet and global rolling stock manufacturers such as General Electric and Electro-Motive Diesel.
By Razina Munshi 28 Mar 2014 11:25
Grindrod‚ a JSE-listed freight and logistics service provider‚ through its wholly owned subsidiary Grindrod Mauritius‚ will work with Zambia's Northwest Rail Company to build‚ operate and maintain a new 590km Cape gauge railway from Chingola in the Zambian copperbelt to the Angolan border.
By Mark Allix 5 Feb 2014 07:37
To paraphrase from the iconic Star Trek, Africa is the "next (as opposed to the final) business frontier". And judging from exceptional recent economic growth, wealth in natural resources and sheer international business interest on the continent, it seems no-one has trouble believing this.
19 Aug 2013 11:46
The biggest barrier to implementing regional infrastructure projects in Africa are the countries themselves, the Infrastructure Africa conference heard in Sandton on Tuesday (16 July).
18 Jul 2013 09:48
TOKYO, JAPAN: Japan has pledged at least US$10bn in aid to Africa for the next five years as Tokyo prepares to host a major development conference for the resource-rich continent.
3 Jun 2013 10:26
Although structural impediments such as poor logistics render the search for new avenues of deeper intra-African trade challenging‚ there is an immediate and compelling growth potential in the trade of agricultural products‚ Standard Bank research analyst Simon Freemantle said last week.
By Helmo Preuss 22 Apr 2013 13:24
Two conferences held in Cape Town last week highlighted the fact that about 90% of all trade between countries is shipped by sea.
By Helmo Preuss 22 Apr 2013 10:00
Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).
17 Apr 2013 09:47
If Ian Khama has any say in the matter‚ and he most certainly shall‚ Chinese companies may not be collecting many more government contracts in Botswana in the near future.
By Nicholas Kotch 20 Feb 2013 10:49
President Ian Khama of Botswana says labour militancy in South Africa and port congestion at Durban are putting bilateral trade in jeopardy.
By Nicholas Kotch 16 Feb 2013 13:03
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