Corporate Affairs
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Air Tanzania orders four jets off Boeing in $726-million deal
US aerospace giant Boeing announced on Tuesday, at the Dubai Air Show, that Air Tanzania had ordered three passenger and one freighter aircraft from it. The aircraft comprise one Boeing 787-8 Dreamliner widebody airliner, one 767-300 Freighter and two …
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Air Tanzania orders four jets off Boeing in $726-million deal
US aerospace giant Boeing announced on Tuesday, at the Dubai Air Show, that Air Tanzania had ordered three passenger and one freighter aircraft from it. The aircraft comprise one Boeing 787-8 Dreamliner widebody airliner, one 767-300 Freighter and two …
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Traxtion prepares to make use of ‘rare’ private sector rail opportunity
Private rail freight operator Traxtion sees the national government’s structural reform agenda as a rare opportunity for the private sector to leverage massive investment in train sets to unlock one of the biggest structural impediments to growth in the South African economy, which is train capacity.
The company refers to the announcement that South Africa’s rail network will be opened to third-party freight operators in 2022, as reiterated in the Medium Term Budget Policy Statement last week.
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Traxtion prepares to make use of ‘rare’ private sector rail opportunity
Private rail freight operator Traxtion sees the national government’s structural reform agenda as a rare opportunity for the private sector to leverage massive investment in train sets to unlock one of the biggest structural impediments to growth in the South African economy, which is train capacity.
The company refers to the announcement that South Africa’s rail network will be opened to third-party freight operators in 2022, as reiterated in the Medium Term Budget Policy Statement last week.
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Nigerian carrier to acquire its first jet airliners from Embraer
Nigerian regional airline Overland Airways is to acquire three new-build Embraer E175 small jetliners, the Brazil-based manufacturer reported on Monday. The order also includes options for three more of the type. The contract is worth, calculated using…
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Nigerian carrier to acquire its first jet airliners from Embraer
Nigerian regional airline Overland Airways is to acquire three new-build Embraer E175 small jetliners, the Brazil-based manufacturer reported on Monday. The order also includes options for three more of the type. The contract is worth, calculated using…
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Grindrod Intermodal and Ocean Africa Container Lines to merge with Maersk
JSE-listed freight logistics group Grindrod has agreed to merge the South African container logistics businesses of Grindrod Intermodal (GIM) and Ocean Africa Container Lines (OACL) with AP Moller Maersk’s (Maersk) inland container terminals.
Grindrod’s intermodal facilities are located nationally, providing the landside logistics to support the container feeder service operated by OACL, whose container vessels ship regional and domestic cargo for international carriers such as Maersk.
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Grindrod Intermodal and Ocean Africa Container Lines to merge with Maersk
JSE-listed freight logistics group Grindrod has agreed to merge the South African container logistics businesses of Grindrod Intermodal (GIM) and Ocean Africa Container Lines (OACL) with AP Moller Maersk’s (Maersk) inland container terminals.
Grindrod’s intermodal facilities are located nationally, providing the landside logistics to support the container feeder service operated by OACL, whose container vessels ship regional and domestic cargo for international carriers such as Maersk.
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Verdant closes private equity-related transactions in South Africa
Specialist investment bank and investment manager Verdant Capital has closed private equity-related transactions in South Africa, with fund raisings for Bridge Taxi Finance and Retail Capital. Verdant has successfully raised R300-million in debt financ…
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Verdant closes private equity-related transactions in South Africa
Specialist investment bank and investment manager Verdant Capital has closed private equity-related transactions in South Africa, with fund raisings for Bridge Taxi Finance and Retail Capital. Verdant has successfully raised R300-million in debt financ…