Corporate Affairs

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    Grindrod notes impact of lockdown on its businesses

    JSE-listed Grindrod’s trading in the first quarter of this year was strong through most of its businesses, the company said in a pre-close business update on June 26. It noted, however, that Covid-19-related lockdowns in Southern African countries impacted significantly on the ability of many of its businesses to generate revenue and cover their cost base during the second quarter.

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    Unions welcome adjournment of SAA business rescue vote

    In a joint statement on Friday (June 26) the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (Sacca) have expressed their relief that 69% of the creditors of South African Airways (SAA) voted to adjou…

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    Unions welcome adjournment of SAA business rescue vote

    In a joint statement on Friday (June 26) the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (Sacca) have expressed their relief that 69% of the creditors of South African Airways (SAA) voted to adjou…

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    South African Airways restructuring vote delayed until next month

    A vote on a restructuring plan for loss-making South African Airways (SAA) was delayed until next month on Thursday, after some creditors and trade unions secured an adjournment after months of wrangling over the airline’s future. The administrators, w…

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    South African Airways restructuring vote delayed until next month

    A vote on a restructuring plan for loss-making South African Airways (SAA) was delayed until next month on Thursday, after some creditors and trade unions secured an adjournment after months of wrangling over the airline’s future. The administrators, w…

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    Harmonised trucking regulations, digitalisation will aid fight against pandemic – World Bank

    The World Bank Group advises ports to rapidly increase their digitalisation efforts over the short to medium term – one to six months – in an effort to reduce the frequency of people- and paper-based contact, says World Bank Group global lead for transport connectivity and regional integration Martin Humphreys. He says this is one of the key measures to ensure the resilience of the transport sector as the world grapples with the effects of the Covid-19 pandemic.

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    Road-freight platform Saloodo! launches in Mozambique

    Digital road-freight platform Saloodo! has launched its digital logistics platform for shippers and transport providers in Mozambique in a move the company hopes will further expand its digital road-freight solution in Africa. Saloodo! is a subsidiary of DHL Global Forwarding, which is a provider of air, sea and road freight services.

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    New acquisition increases DHL’s ecommerce footprint in Africa

    DHL Express has acquired a minority stake in Link Commerce, the UK-based           ecommerce firm that helped the logistics company develop its DHL Africa eShop platform. The acquisition demonstrates the company’s commitment to growing ecommerce in Africa, says DHL Express sub-Saharan Africa CEO Hennie Heymans. “Acquiring a stake in Link Commerce, the company behind the MallforAfrica.com platform, . . . positions us to realise our ambitions of growing the eShop offering globally and to work on the scalability of the platform when the opportunity arises.” “DHL’s investment in Link Commerce is a perfect fit,” adds Link Commerce and Mall for Africa founder and CEO Chris Folayan.

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    New acquisition increases DHL’s ecommerce footprint in Africa

    DHL Express has acquired a minority stake in Link Commerce, the UK-based           ecommerce firm that helped the logistics company develop its DHL Africa eShop platform. The acquisition demonstrates the company’s commitment to growing ecommerce in Africa, says DHL Express sub-Saharan Africa CEO Hennie Heymans. “Acquiring a stake in Link Commerce, the company behind the MallforAfrica.com platform, . . . positions us to realise our ambitions of growing the eShop offering globally and to work on the scalability of the platform when the opportunity arises.” “DHL’s investment in Link Commerce is a perfect fit,” adds Link Commerce and Mall for Africa founder and CEO Chris Folayan.

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    Road-freight platform Saloodo! launches in Mozambique

    Digital road-freight platform Saloodo! has launched its digital logistics platform for shippers and transport providers in Mozambique in a move the company hopes will further expand its digital road-freight solution in Africa. Saloodo! is a subsidiary of DHL Global Forwarding, which is a provider of air, sea and road freight services.

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