Main Website
  Events
  Views & Forecasting
  South Africa Biz Forums

   Global Business      South Africa Business      UK Business      Ireland Business      Views and Forecasting

Strategic Investment in Africa’s ports

 

Durban Harbour - SSA Port

JOHANNESBURG, South Africa – April, 2018 – Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of merchandise trade by volume and 70% by value. Investment in ports and their related transport infrastructure to advance trade and promote overall economic development and growth is therefore vital – particularly in emerging economies that are currently under-served by modern transportation facilities. [Read more…]

Transnet credit rating upgraded

transnet

Transnet’s credit rating has been upgraded to ‘BBB’, with the upgrade affirming the state utility’s ability to raise funds without a government guarantee. [Read more…]

Kona appointed acting CEO

South African Airways

South African Airways

Pretoria – Public Enterprises Minister Malusi Gigaba has appointed South African Airways (SAA) executive chairperson Vuyisile Kona as the airline’s acting CEO. [Read more…]

New board for SA Express

South African Express

South African Express

Pretoria – Public Enterprises Minister Malusi Gigaba on Monday announced a new board of directors of South African Express (SAX), while urging the airline to address the challenges it is facing. [Read more…]

Transnet forging ahead with infrastructure programme

Johannesburg – Despite a softening of cargo categories, Transnet is going ahead with its infrastructure build programme.

Transnet Infrastructure

Transnet Infrastructure

“In the earlier months of the current financial year, we have seen a softening particularly with the container volumes – imports and exports that we handle – for a variety of reasons,” Transnet Port Terminals (TPT) chief executive officer Karl Socikwa said at a breakfast briefing of the Africa Ports and Harbours Show. [Read more…]

Singh new Transnet CFO

Anoj Singh new Transnet CFO

Anoj Singh new Transnet CFO

Pretoria – Anoj Singh has been appointed as Transnet’s chief financial officer (CFO). [Read more…]