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LATEST NEWS FOR Grindrod Ltd.  

Grindrod, listed on the JSE Securities Exchange, is based in South Africa and is represented by subsidiaries, joint venture and associated companies in 24 countries worldwide, employing more than 4 700 skilled and dedicated people.... [more info]

Imperial Logistics: Minority shareholders unhappy with DP World’s buyout offer

13 Sep 2021 /  Roy Cokayne   2
Current offer 'not a fair representation of the company’s true worth' – PSG.

Powell signals risk trade is back on

30 Aug 2021 /  Simon Brown   
Sanlam's Nick Kunze talks markets as Jerome Powell kicks the can down the road at the Jackson Hole conference. A look at Bonang Mohale's Serialong Trust as it converts a Purple Group loan into 11.46% shares in the group. Andrew Waller, Grindrod CEO, unpacks results as the commodity and agri booms boost profits.

Portia Derby on Transnet’s plan to woo private-sector investment in SA ports

18 Aug 2021 /  Ryk van Niekerk   12
New Requests for Information (RFIs) have been issued to secure billions of rand in infrastructure investment aimed at improving port and rail operations and efficiencies.

Gordhan wants Transnet to secure R100bn infrastructure investment into SA ports

17 Aug 2021 /  Suren Naidoo   29
Largely through private sector partners and investors over the next five years.

Transnet’s ports force majeure is over, but most websites are still offline

2 Aug 2021 /  Suren Naidoo   2
Group-wide cyber attack saw its port terminals division declaring a force majeure for 11 days, causing delays and bottlenecks in Durban, Cape Town and Eastern Cape ports.

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.

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