Economy

Maersk and Cape fruit producers continue to divert shipments to other ports as Transnets failures deepen

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January 29, 2024

Maersk and Cape fruit producers continue to divert shipments to other ports as Transnets failures deepen

The shipping giant has reassured customers that Cape Town's service routes will not be cancelled for now, but Walvisbaai is becoming a growing export node

New Gas Amendment Bill removes competitive tender process, allows for private BEE monopoly contracts

Newsroom

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January 23, 2024

New Gas Amendment Bill removes competitive tender process, allows for private BEE monopoly contracts

The gas sector has become important as a "transitional" energy source, and the state is looking to benefit from its expansion as treaties restrict CO2 emissions

WESGRO brokers R300 million trade deal with China for chicken feet

Newsroom

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January 23, 2024

WESGRO brokers R300 million trade deal with China for chicken feet

The deal includes a 540t/month deal for exporting chicken feet, which is so in demand in China that it comprises 50% of their chicken imports

Western Cape demands information from national government on who is selling fake diesel

Newsroom

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January 23, 2024

Western Cape demands information from national government on who is selling fake diesel

A government probe discovered 70 petrol stations selling diesel doped with paraffin, with four in the Western Cape. This practice is harmful to engines and reduces SARS revenue.

Cape fruit exports endangered by crumbling port infrastructure

Newsroom

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January 19, 2024

Cape fruit exports endangered by crumbling port infrastructure

A catastrophic reduction of 60% for several categories of fruit export has precipitated a move to sue Transnet for the losses caused by their neglect

City of Cape Town seeks tender for 500MW of electricity generation

Newsroom

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January 17, 2024

City of Cape Town seeks tender for 500MW of electricity generation

The tender on offer is for 300MW of generation, and 200MW of dispatch storage power. This contributes to the City's plans to reduce loadshedding by 2026

Transnet selects Royal Vorpak to build major new LNG terminal at Richards Bay

Newsroom

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January 11, 2024

Transnet selects Royal Vorpak to build major new LNG terminal at Richards Bay

The Dutch fluid chemicals company already operates a major terminal in Durban. The Richards Bay terminal expects to operate by 2027.

Ramaphosa to centralise all SOE's under presidential control

Newsroom

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January 11, 2024

Ramaphosa to centralise all SOE's under presidential control

The National State Enterprises Bill will set up a holding company for all SOEs, which will fall under the direct control of the Presidency

Transnet announces plans to privatise aspects of South Africa's port operations

Newsroom

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January 11, 2024

Transnet announces plans to privatise aspects of South Africa's port operations

South Africa's ports are notoriously the least efficient in the world. Recent partial privatisations however, tend to keep cadres in control of the private entities

Economy

Maersk and Cape fruit producers continue to divert shipments to other ports as Transnets failures deepen

New Gas Amendment Bill removes competitive tender process, allows for private BEE monopoly contracts

WESGRO brokers R300 million trade deal with China for chicken feet

Western Cape demands information from national government on who is selling fake diesel

Cape fruit exports endangered by crumbling port infrastructure

City of Cape Town seeks tender for 500MW of electricity generation

Transnet selects Royal Vorpak to build major new LNG terminal at Richards Bay

Ramaphosa to centralise all SOE's under presidential control

Transnet announces plans to privatise aspects of South Africa's port operations

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