Transnet firms up expansion plans

Transnet seeks private operators for Port of Cape Town’s liquid bulk terminal to boost efficiency and revenue, amid infrastructure challenges.

The volume of mining commodities handled by Transnet has fallen from 181.1 Mt in financial year 2020-21 to 149.5 Mt in 2022-23, with coal particularly affected.

The new Port of Jazan City for Primary and Downstream Industries includes facilities for containers, dry bulk, liquids and general cargo.

The port will use a US$12.6M grant to add a third berth for bulk cargoes at its Port Redwing facility.

ABP has concluded a new, long-term agreement with the UK’s largest independent producer of sand and gravel.

The fate of Guinean mining concessions and port and railway projects is uncertain following the recent coup in the country.