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PRASA starts rehabilitation work on three Gauteng corridors

The Passenger Rail Agency of South Africa (PRASA) says it will terminate rail services on three Gauteng corridors for the next few months to allow for the rehabilitation and restoration of the electrical cables and traction substations that were vandalised or stolen during the Covid-19 Level 5 hard lockdown. The revamp will also allow PRASA  to “run more efficient train services and to introduce the electrical motor units which form part of the agency’s modernisation programme”.

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RMB Ventures invests in Inhance supply chain technology business

Financial services firm Rand Merchant Bank private equity arm RMB Ventures has concluded an investment in supply chain technology and services business Inhance Supply Chain Solutions. RMB Ventures invested alongside black-owned investment firm New GX Capital Holding, which acquired a majority stake in Inhance in 2018, and the Inhance management team, which retains its significant shareholding in the business.

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Pick n Pay, Takealot partner to sell groceries, liquor on Mr D app

Retail chain Pick n Pay and online store Takealot have signed a commercial services agreement which will enable customers across South Africa to buy Pick n Pay food, groceries and liquor on a new platform on the food delivery services application (app) Mr D.   In a statement issued on May 17, the companies said the new service would bring together their respective strengths.

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Transnet increasing supply of jet fuel to ORTIA as railway line repairs start

State-owned Transnet says it is increasing the supply of jet fuel through the National Multi-Product Pipeline from Durban inland, while repairs to the railway line that is also used to transport fuel to Gauteng get under way following damage from the floods in KwaZulu-Natal in April. Currently, Transnet Pipelines (TPL) is transporting 14-million litres of jet fuel between the Natref refinery and the OR Tambo International Airport (ORTIA) a week.

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