Southern Africa

Transport Infrastructure

South Africa's Transnet looks for financial obligation relief from government

South Africa's Transnet is looking for debt remedy for the federal government as it seeks to fix its balance sheet and restore freight rail and port capability, the stateowned logistics company's chairman said on Tuesday. Transnet is saddled with 130 billion rand ($ 7.30 billion) in debt and has actually had a hard time to supply appropriate freight rail and port services due to devices shortages and upkeep backlogs after years of under-investment. Last December, South Africa's government said it had handed Transnet a 47 billion rand guarantee center to assist the business fulfill immediate liquidity matters such as settling...

Transport Infrastructure

Thungela CEO sees South Africa coal exports rebounding as rail improves

Thungela Resources , a South African exporter of thermal coal burned in power stations, expects the nation's deliveries of the fossil fuel to rebound from next year as rail bottlenecks ease, CEO July Ndlovu said on Monday. The country's coal shipments fell to a three-decade low of about 47 million lots each year in 2023 as state-owned ports and rail company Transnet had a hard time to move adequate volumes to ports due to lack of engines and spares, in addition to cable television theft and vandalism of infrastructure. Coal deliveries might increase to more than 50 million loads per...

Transport Infrastructure

Salvage team to start pumping fuel from grounded vessel on South African coast

A salvage group hopes to make the most of a break in the stormy weather condition that has lashed Cape Town's coast to begin pumping 500 tons of fuel off a. ship that ran aground last week on South Africa's west coast,. authorities said on Wednesday. The Panama-flagged Ultra Galaxy went to pieces near Doring. Bay, some 300 km north of Cape Town, last Tuesday after it. started noting severely and handling water. The ship was safely deserted by its 18-strong Filipino crew. on July 8 before it wandered towards land. The sailors were. rescued by passing vessels who responded...

Passenger Transportation Services

Qatar Airways to take 25% stake in South African carrier Airlink

Qatar Airways will take a 25%. stake in South Africabased local carrier Airlink as both. airlines look for to increase services and traveler numbers throughout. Africa, they stated on Tuesday. Qatar Airways CEO Badr Mohammed Al Meer, speaking together with. Airlink's CEO Rodger Foster in Doha, informed reporters the. financial investment would improve Qatar Airways' access to travelers in. local cities in Africa. Foster said it would enable privately-owned Airlink to expand. in Africa and ultimately to operate bigger airplane on one or. 2 paths. It would not expand beyond Africa, he stated. Airlink currently flies to more than 45...

Passenger Transportation Services

What disturbances have been reported after the global tech blackout?

A worldwide tech outage that appeared to be associated with concerns at cybersecurity firm CrowdStrike and Microsoft impacted operations at airports, airline companies, banks and media outlets on Friday. Here is a list of disruptions that have actually been reported across sectors: AIRPORTS, AIRLINES Airports and airline companies around the world alerted of delays and cancellations or changed to manual check-ins, with some halting flights. - Berlin airport temporarily halted all flights, a. spokesperson informed . Lufthansa's Eurowings stated. it was stopping domestic German flights as well as flights to and. from Britain up until 3 p.m. (1300 GMT). -...

Passenger Transportation Services

Service brought back at South African lending institutions Capitec and Absa in the middle of international cyber interruption

Solutions of South African loan providers Capitec Bank and Absa and airline Airlink have actually been completely brought back after experiencing disturbances early on Friday, the business stated, as a software application upgrade ruined computer system systems globally. A software application update by global cyberscurity company CrowdStrike appeared to have actually activated systems issues that grounded flights, forced some broadcasters off air and left clients without access to services such as health care or banking. Capitec stated it experienced significant interruptions throughout all of its banking channels early in the early morning since of CrowdStrike. Notably, we want to reassure...

Passenger Transportation Services

What disturbances have been reported after the global tech failure?

An international tech outage that appeared to be connected to concerns at cybersecurity firm CrowdStrike and Microsoft on Friday impacted operations in sectors including airports, airline companies, media and banks. Below is a list of disruptions that have actually been reported: AIRLINES, AIRPORTS Airports and airlines around the globe have warned of delays and cancellations or changed to manual check-in, with some stopping flights. - Berlin airport briefly halted all flights, a. representative told . Lufthansa's Eurowings said. it was stopping domestic German flights as well as flights to and. from Britain till 3 p.m. (1300 GMT). - Spanish airport...