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LATEST NEWS FOR Grindrod Ltd.  

Grindrod, listed on the Johannesburg Stock Exchange Limited (JSE), is based in South Africa and is represented by subsidiaries, joint ventures and associated companies in 31countries worldwide, employing more than 4 700 skilled and dedicated people.... [more info]

Transnet’s vital Navis container terminal operating system back online

UPDATE
28 Jul 2021 /  Suren Naidoo   5
Following a group-wide cyber-attack, which forced the state-run ports and logistics giant to switch off the terminal operating system.

Transnet cyber attack confirmed: Port terminals division declares force majeure

UPDATE
27 Jul 2021 /  Suren Naidoo   25
‘Security intrusion and sabotage’ a major blow, but group now says ‘significant progress has been made in restoring Transnet SOC Ltd IT systems’.

Cyber attack: Union wants ‘decisive action’ to protect Transnet

UPDATE
23 Jul 2021 /  Suren Naidoo   18
In an update on the situation, Transnet said on Friday that it has 'identified and isolated the source of the disruption to its IT systems'.

Cyber hack hits Transnet’s operations

UPDATE
22 Jul 2021 /  Suren Naidoo   21
Freight industry insiders have raised a red flag.

South African troops to be deployed to troubled Mozambique

20 Jul 2021 /  Jan-Jan Joubert   26
SADC will soon have 'boots on the ground' in Cabo Delgado.

Foreign truck drivers attacked under cover of looting, demand compensation from SA

20 Jul 2021 /  Ciaran Ryan   24
As neighbouring countries look to reduce supply chain reliance on SA.

DP World’s R12.8bn offer for SA’s Imperial Logistics

UPDATE
8 Jul 2021 /  Adveith Nair, Bloomberg   2
In what the port operator says would be its most significant acquisition in Africa so far.

Best performing shares since January

15 Jun 2021 /  Adriaan Kruger   6
But you might want to take some of these figures with a big pinch of salt.

Port of Durban to be repositioned as a hub for the continent

30 Apr 2021 /  Moshe Motlohi   11
A much-needed and implementable plan.

Fallen giants: How are the turnarounds going?

29 Apr 2021 /  Keith McLachlan   2
Six once-large groups, and what the prognosis looks like for each.

No major improvement in Durban Port efficiencies, says organised business

UPDATE
23 Apr 2021 /  Suren Naidoo   6
Following highly hyped presidential visit of the country’s and Sub-Saharan Africa’s busiest port.

Grindrod reports headline loss as impairments hit R583m

5 Mar 2021 /  Suren Naidoo  
No final dividend declared for ordinary shareholders, but preference shareholders will get 312 cents per share.

Not a bad year for Grindrod

5 Mar 2021 /  Simon Brown  
CEO Andrew Waller reports 60% of the company’s revenue is now from outside SA, in Africa, with considerable exposure in Northern Mozambique.

Grindrod reports solid results, and the key to wealth creation

5 Mar 2021 /  Simon Brown  
Matete Thulare of RMB on markets, as we see more red locally. Grindrod CEO Andrew Waller on results and how commodity and citrus demand helped. Pravesh Sunker of RMB Private Bank on leveraging assets to grow wealth.

Are preference shares worth a look if you want yield?

16 Feb 2021 /  Simon Brown  
Small-cap analyst Keith McLachlan calls preference shares ‘quite a unique asset class...somewhere between equity and debt’.

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