Transport News
2024 could be âturning pointâ for infrastructure sector
Amid a progressing political landscape and the imminent obstacles of an upcoming national election, Consulting Engineers South Africa (Cesa) underscores the crucial requirement to speed up infrastructure development and for continuity in South Africa, emphasizing the significance of proactive planning and policy cohesion. “Following the numerous pronouncements made by public-sector entities relating to infrastructure, planning and spend, there is an urgent need to fast-track efforts to develop infrastructure in the nation ahead of the nationwide elections,” says CESA CEO Chris Campbell..
Critical infrastructure blackouts top business risk in SA â Allianz
For the second consecutive year, international financial services provider Allianzâs Risk Barometer indicates that critical infrastructure blackouts attributed to power outages and the failure of ports, railways and road businesses pose the greatest risk for businesses operating in South Africa. The Allianz Risk Barometer compiles a yearly list of the top global business risks, based on the insights of more than 3 000 risk management professionals.
Fuel price hike will impact consumers and the road freight industry â RFA
Fuel is quickly crossing the 50% mark as a share of daily roadway transportation operating expense, depending upon the type of transportation operation, with increasing expenses likely to be handed down to the customer, says Road Freight Association (RFA) CEO Gavin Kelly. He says there are “alarming projections” of large fuel increases heading towards the South African economy in March.
Up to 12% of Gauteng motorists still paying their e-toll bills, says Outa
Between 10% and 12% of road users in Gauteng are still spending for e-tolls, despite the October 2022 announcement by Finance Minister Enoch Godongwana that e-tolls would be scrapped, Organisation Undoing Tax Abuse (Outa) CEO Wayne Duvenhage has said. Speaking at the South African Real Estate Investment Trust 2024 conference, in Johannesburg, on February 15, he stated that, in spite of Godongwana’s statement, federal government had still not officially ended e-tolls, allowing billing to continue for more than a year past its stated end date.
Subdued growth expected in transport sector; more freight going to Maputo â Ctrack index
The Ctrack Transport and Freight Index (Ctrack TFI) forecasts âanother year of fairly subdued growth for the transport sectorâ. This is based on the assumption of mediocre economic growth in South Africa this year, forecast at 1.3%, up from 2023âs estimated 0.6%.
Cape Town to invest R43bn in infrastructure in the next three years â mayor
Cape Town Mayor Geordin Hill-Lewis says the city will invest R43-billion in facilities over the next three years. The ten-year project pipeline is valued at R120-billion.
Competition, collaboration needed for an efficient logistics network in South Africa A panel of experts discuss the current state of South Africa’s transport and rail systems and what needs to be done to improve the country’s logistics performance.
Competition is very important to create performances in the logistics and transport network, however partnership is similarly necessary to guarantee that all the public and personal sector role-players can meet their roles in the recovery and improvement of South Africa’s underperforming logistics systems. Transport experts throughout the ‘How to deliver socioeconomic advancement through a stronger transport system’ webinar, hosted by Creamer Media on October 18, stressed that transport and logistics are basically about the economy and stressed that the design of the network must fit the needs of the users and neighborhoods.
Bambili close to finishing feasibility study on hydrogen fuel cell power system for Angloâs …
Diversified mining major Anglo American has actually chosen hydrogen energy solutions business Bambili Energy to deploy a 2 MW hydrogen fuel cell power system lighthouse task to offer electrical energy at its headquarters in Rosebank, Johannesburg, South Africa. Bambili Energy CEO Zanele Mavuso Mbatha said on February 12 in Johannesburg that the company would provide a bespoke 2 MW hydrogen fuel cell power system by beneficiating platinum produced by its Anglo American Platinum (Amplats) subsidiary.
Competition, collaboration needed for an efficient logistics network in South Africa A panel of experts discuss the current state of South Africa’s transport and rail systems and what needs to be done to improve the country’s logistics performance.
Competition is essential to develop efficiencies in the logistics and transportation network, but collaboration is likewise needed to make sure that all the personal and public sector role-players can fulfill their roles in the healing and enhancement of South Africa’s underperforming logistics systems. Transport experts throughout the ‘How to deliver socioeconomic advancement through a stronger transportation system’ webinar, hosted by Creamer Media on October 18, stressed that transport and logistics are basically about the economy and worried that the style of the network should fit the requirements of the users and communities.
Toll tariffs to increase by 6.25%, Sanral announces
The South African National Roads Agency Limited (Sanral) has announced that its toll tariffs will increase by 6.25% from March 1. The tariffs are adjusted yearly in line with the Consumer Price Index as acquired from Statistics South Africa.