The Ports Regulator of South Africa (PRSA) and the Broad-Based Black Economic Empowerment (B-BBEE) Commission have signed a Memorandum of Understanding (MoU) to address transformation in the ports sector. The MoU facilitates the exchange of information, strategies, expertise, and research related to B-BBEE and transformation, aiming to bolster economic empowerment within the sector. According to a joint statement, the partnership seeks to tackle the slow pace of transformation, citing statistics
Category: Southern Africa
Revitalization Efforts Propel Port of Cape Town Towards Economic Growth
The Port of Cape Town is experiencing a resurgence, propelled by enhanced management, collaborative efforts, and continuous upgrades. Efforts to prioritize equipment availability and streamline operational processes have significantly improved efficiency, while investments in staff capacity have boosted productivity. Industry stakeholders in the Cape region have applauded these advancements, acknowledging the progress made while recognizing the ongoing journey towards improvement. Terry Gale, chairman of Exporters Western Cape, highlighted the positive
Private Operators Poised to Transform Africa’s Freight Rail Market
The CEO of Traxtion Africa, which operates the continent’s largest rolling-stock fleet, predicts a transformation in Africa’s biggest freight rail market with the imminent involvement of private operators. James Holley revealed that the South African government is on the verge of releasing a rail network statement, setting out rules for private rail participation, following public consultation. Speaking at an infrastructure conference in Johannesburg, Holley emphasized the significance of this step,
Menzies Aviation Partners with South African Airways for Cargo Terminal Operations
Menzies Aviation, the world’s largest aviation services company, has been selected by South African Airways (SAA) to manage all SAA Cargo terminal operations at OR Tambo International Airport in Johannesburg, Cape Town International Airport, and Port Elizabeth International Airport. The appointment, initiated on December 1, 2022, with operations beginning in Cape Town, marks a significant step in SAA’s restructuring process post-business rescue. Professor John Lamola, SAA’s chairperson and CEO, emphasized
Durban’s Air Cargo Market Sees Revival Amidst Airline Resurgence
Durban’s air cargo industry is experiencing a gradual resurgence, with a 55% recovery in business attributed to the return of international and domestic airlines. This resurgence has resulted in a 67% rebound in network traffic at King Shaka International Airport. Since April 2022, the Dube TradePort Cargo Terminal has processed 10,997 tonnes of cargo, marking a 31% increase from the previous year. Ricardo Isaac, Senior Manager of Cargo Development and
Transnet Approves ICTSI Contract for Durban Container Terminal 2
Transnet’s board has given the green light for the finalization of the contract to operate Durban Container Terminal 2, which will be awarded to the preferred bidder, Philippine terminal operator ICTSI. The completion of the financial close is pending other non-financial processes, Transnet’s chairperson of the Board of Directors, Andile Sangqu, announced on Friday. ICTSI was selected as the preferred bidder in July 2023, and after completing financial due diligence
US CALLS FOR PROGRESS ON ZAMBIA-LOBITO RAIL-LINE
United States President JOE BIDEN’s Senior Advisor AMOS HOCHSTEIN has called for an accelerated path towards achieving a bankable concession agreement for the new Zambia-Lobito rail line. Mr. HOCHSTEIN says this must be aligned with host country laws, and coordinate additional investment projects that complement and benefit from the core transportation investment. He says the project will also come along with infrastructure investments in digital access, clean energy and energy
Angola’s ANTT and UIC Forge Partnership to Enhance Railway Sector
Enio Costa, President of the Board of Directors (PCA) of the National Land Transport Agency (ANTT), held discussions with Christian Chavanel, Director of Systems and Coordinator for Africa of the International Railway Union (UIC), in Luanda on Monday. The meeting aimed to discuss restructuring processes and enhancing technical capacity in response to investments aimed at boosting the national railway sector. Costa emphasized the need for technical training for staff, particularly
Angola’s SGA and Changi Airports International Forge Partnership to Enhance Regional Airports
Angola’s Airport Management Company (SGA Angola) and Singapore’s renowned airport consulting firm, Changi Airports International (CAI), have inked a pivotal two-year partnership aimed at optimizing the operational efficiency and profitability of 16 regional airports across southern Africa. The collaboration entails CAI leveraging its extensive experience to bolster air traffic development at Angola’s airports, with a strategic focus on enhancing domestic and regional connectivity. Additionally, the partnership will spearhead targeted marketing
TAAG Angola Airlines Renews Long-Term Boeing 747-400 Freighter Contract
TAAG Angola Airlines and Network Airline Management are pleased to announce the renewal of their long-term freighter aircraft contract, sealing their ongoing partnership for the foreseeable future. Resuming its regular weekly scheduled service from Liege, Belgium, to the capital of Angola, Luanda, NAM provides a Boeing 747-400F aircraft with nose door capability offering up to 120,000 kilos cargo capacity. The weekly freighter will operate every Friday directly to the newly