State logistics group Transnet has applied for a licence to generate electricity and plans to regenerate 38MW by 2017‚ mostly using the technology of its new locomotives. No licence is required for regeneration.
By Razina Munshi 16 Apr 2014 05:18
Gauteng Transport MEC Ismail Vadi claims Metrorail is well on its way to becoming the preferred public transport operator in high-volume corridors of the province.
15 Apr 2014 08:40
Investment company Brimstone is taking a majority stake in a black economic empowerment (BEE) consortium that will acquire between 8% and 8.5% in ship‚ rail and port operator Grindrod.
By Phakamisa Ndzamela 10 Apr 2014 05:54
Ansys‚ an AltX-listed engineering company‚ has been awarded a R188m Transnet contract for the supply of an integrated dashboard display system for locomotives.
By Mark Allix 2 Apr 2014 08:11
Industrial freight‚ logistics and shipping group Grindrod's board of directors has approved an equity capital raising process that would lead to the total issue of Grindrod shares worth up to R4bn‚ with net cash proceeds of up to R3bn going to Grindrod‚ to fund projects‚ the company said last week.
31 Mar 2014 07:46
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
China's two largest rolling-stock manufacturers are the biggest winners of a R50bn deal to manufacturer more than 1,000 locomotives for Transnet‚ confirming South Africa's preference for doing business with members of the Brics alliance.
By Razina Munshi and Mark Allix 20 Mar 2014 06:08
Grindrod continued to make "meaningful progress" last year in improving and expanding its integrated logistics supply chains along key commodity corridors.
By Mark Allix 3 Mar 2014 06:50
Finance Minister Pravin Gordhan has announced a large expenditure plan that will be anchored around the National Development Plan (NDP).
27 Feb 2014 07:53
People on the highveld will be able to party this weekend and still be able to catch the Gautrain home after midnight.
25 Feb 2014 09:18
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
Battle lines are being drawn over who will install additional coal export capacity at the Richards Bay port‚ with the Richards Bay Coal Terminal (RBCT) and challenger RBTGrindrod both looking to bring in Transnet as a partner.
By Brendan Ryan 3 Feb 2014 12:03
The president of the Chamber of Mines‚ Mike Teke‚ has renewed his appeal to Transnet to collaborate with the Richards Bay Coal Terminal (RBCT) on further expansion to cater for junior black coal miners wanting access to export markets.
By Brendan Ryan 23 Jan 2014 08:47
Freight and logistics company Grindrod's subsidiary‚ Grindrod Freight Services (GFS)‚ has teamed up with the Pembani Remgro Infrastructure Fund (PRIF) to form a leasing joint venture.
21 Jan 2014 09:21
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