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...
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. The state owned ports and rail operator’s credit rating was upgraded by two notches from a previous...
Pretoria – Public Enterprises Minister Malusi Gigaba has appointed South African Airways (SAA) executive chairperson Vuyisile Kona as the airline’s acting CEO. Kona’s appointment will take effect immediately until a permanent replacement is found for...
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. The new board was announced due to the high turnover of the...
Johannesburg – Despite a softening of cargo categories, Transnet is going ahead with its infrastructure build programme. “In the earlier months of the current financial year, we have seen a softening particularly with the container volumes – imports...
