Growingcontainer volumes of 6-8%/year at South Africas Durban port point to alog-jam, executive head of infrastructure at the Transnet National PortsAuthority (TNPA), Chris Matchett, said. The port was not coping effectivelybefore the global recession cut the volumes passing through it, he said. Durbanis Africas biggest container port and the containers are moved by a largeindustry. Matchett said that transforming the ideal former Durban airport intoanother liquid bulk and vehicle container terminal, with berthing capacity isthe easiest and quickest solution to congestion. He believes Transnet istalking to Airports Company South Africa, which owns the airport, aboutredeveloping the land. Since a new airport opened in May, north of Durban,speculation about the old airport site has been keen.
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more