Gauteng provincial government has issued a statement following reports that engineering and mining contractor; Murray & Roberts has bought 50% of Bombela Concession Company (BCC), which owns the Gautrain rapid […]
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Murray & Roberts acquires 50% of Gautrain in new deal
South African based construction, engineering and mining contractor, Murray & Roberts will increase its ownership of the Gautrain from 33% to 50%‚ in a deal valued at R405-million. Murray & […]
Underperforming logistics business hinders Imperial’s profits
Posted By Phila Mzamo on August 23, 2024 in Commercial vehicles, Commercial Vehicles, Logistics, News, Warehousing
South Africa’s distribution and transport company, Imperial Holdings has reported a 10.4% drop in its net profit due to a decline in its logistics business and a decline in its […]
TotalSA acquires Maersk Oil in R98.35 billion transaction
South Africa’s energy company Total South Africa has signed an agreement with transport and logistics company A.P Moller-Maersk for R98.35 billion in a combined share and debt transaction. Total will […]
New train line to reduce cargoes moving through roads
Cargo haulage through the railway line within Tanzania and beyond its borders is set to increase by 30%, under the open access agreement signed between Tanzania-Zambia Railway Authority (TAZARA) and […]
Nigeria’s R500 billion railway plan is on track
Nigeria has started on a R546 billion railway expansion project that will reduce the country’s dependence on oil and diversify its struggling economy. The country plans to implement and improve […]
Taxi drivers block major Pretoria intersections over fines
Gauteng taxis operating in the Pretoria area took to the streets as early as 3am this morning to hand over a memorandum to the city’s mayor Solly Msimanga. Taxi drivers, […]
WATCH: Crash on the N1 near Centurion and how the motorist tries to flee
We have all heard of the word ‘ubuntu’, however some of us practice it more often than others. In the video above, two gentlemen apprehend a motorist who while after […]
Africa presents opportunity for transport industry
Business in South Africa should be leading the commercial charge into the rest of the continent. This was the conclusion of a panel discussion hosted by Exporters Eastern Cape at […]
September won’t be a good month for fuel
Motorists will have to tighten their belts this coming month as September will see another disappointing month for the fuel price. The Automobile Association (AA) has predicted an increase of […]