The Logistics community of South Africa

Transnet wants 40% share of transport market

Tue, 14 Feb 2012 13:53:00 +0200

Transnet Freight Rail TFR) wants to increase its market share of the logistics' chain from 10% to more than 40% and Business Report says that it is hoping to achieve this within the next seven years.
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Significant gains in different economic sectors

Mon, 13 Feb 2012 13:44:00 +0200

Significant economic results show that the volume growth of electricity was up by 20% year-on-year (y/y) and Business Live says that coal exports from Richards Bay surged by 34,3% y/y in January.
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Cape business welcomes R1bn port tariff cut

Mon, 13 Feb 2012 12:21:00 +0200

The Cape Chamber of Commerce and Industry has welcomed the announcement in the state of the nation speech that port tariffs are to be reduced by about R1bn.
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TNPA,UAL deal may be on again

Mon, 13 Feb 2012 12:12:00 +0200

According to Business Report, the Transnet National Ports Authority (TNPA) scrambled this week to repair its damaged relationship with a Dutch-based shipping company - Universal Africa Lines (UAL). In September last year the TNPA declared UAL the preferred bidder for two sections of land on either side of a berthing quay under a 15-year lease.
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Zuma announces Transnet's R300bn expansion plan

Fri, 10 Feb 2012 11:57:00 +0200

During his State of the Nation address in parliament, President Jacob Zuma announced that state-owned transport and logistics group Transnet will spend R300-billion in a capital-expansion programme to move the transportation of minerals such as coal from roads to rail, Times Live reports.
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SONA in a nutshell

Fri, 10 Feb 2012 10:06:00 +0200

Union and business representatives have welcomed President Jacob Zuma's State of the Nation address to Parliament and, while the speech was held by some observers to be uninspiring it contained a lot of detail about the government's plans to boost jobs and invest in infrastructure.
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ARB Holdings interim HEPS up 4% to 15.69c

Fri, 10 Feb 2012 09:30:00 +0200

ARB Holdings, South Africa's largest independent distributor of electrical products, on Thursday (9 February 2012) reported a 4% increase in headline earnings per share from 15.07 cents to 15.69 cents for the six months ended December.
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Taxi council 'on brink of deal to buy local airline'

Fri, 10 Feb 2012 09:25:00 +0200

The South African National Taxi Council (Santaco) is determined to meet its new deadline of April for its airline service and is on the brink of closing a deal to acquire an existing airline, the association's secretary-general, Philip Taaibosch, said.
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RTMC denies bankruptcy

Fri, 10 Feb 2012 09:24:00 +0200

The Road Traffic Management Corporation (RTMC) on Thursday (9 February 2012) denied being bankrupt, saying it was only "technically insolvent".
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SA Airports Company to manage Brazil's Guarulhos

Thu, 09 Feb 2012 12:55:00 +0200

According to Business Report, the Airports Company of South Africa (Acsa) has won a bid for the expansion, maintenance and operation of Guarulhos, Brazil's busiest airport, located at a suburb of the city of São Paulo.
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