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Transnet snubs Kumba’s overture to run lucrative iron-ore rail line

by admintc | Feb 24, 2023 | RAIL& IRON-ORE

South Africa’s State-owned logistics company has actually turned down an overture from an Anglo American system to take over the running of its iron ore rail line, which is among its most rewarding however battles to move enough volumes. Kumba Iron Ore wishes to...

Separation of TFR’s infrastructure, operator functions may open way for big third-party ramp-up

by admintc | Feb 23, 2023 | TRANSNET

Separation of TFR’s facilities, operator functions to open method for huge third-party ramp-up State-owned freight logistics group Transnet aims to introduce a dedicated facilities supervisor function within Transnet Freight Rail (TFR) by October, successfully...

Bolt says it will invest €500m in Africa in the next two years

by admintc | Feb 23, 2023 | MOBILITY

Mobility app Bolt says it will invest €500-million in its African operations over the next two years.  The funds will be used to expand the company’s services in Africa and to create opportunities for more than 300 000 new drivers and couriers to join the platform in...

Sanral, Transnet, Denel among SOEs to receive fiscal support in 2023/24

by admintc | Feb 23, 2023 | BUDGET 2023

As State-owned entities (SOEs) continue to depend on government bailouts and control the guarantee portfolio of the fiscus, Finance Minister Enoch Godongwana has revealed conditional in-year allocations to numerous SOEs in the National Budget speech provided on...

Construction of new bridge gets under way in Limpopo

by admintc | Feb 22, 2023 | INFRASTRUCTURE

Limpopo MEC for Public Works, Roads and Infrastructure Nkakareng Rakgoale this week went to the sodturning ceremony for the construction of a R127-million bridge over the Steelpoort river, at Ga-Malekana. The sodturning event follows the effective signing of a...
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