Corporate Affairs

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    Traxtion to invest billions in rail infrastructure development over next five years

    Rail services and solutions provider Traxtion Group intends to embark on a significant investment programme within South Africa’s rail sector, which will, at first, see an initial locomotive and wagon build programme of R1.5-billion upon conclusion of the appropriate access rights with State-owned rail entity Transnet. Traxtion plans to invest a further R14-billion to R17-billion in locomotives and wagons over the next five years as part of carefully selected scaled rolling procurement programme.

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    South Africa’s rail expansion plan links Soweto to Johannesburg

    South Africa’s only high-speed rail network is drawing up a multibillion rand plan to expand outside Johannesburg and Pretoria, joining a potential bonanza of infrastructure projects the government says are key to reviving the economy. A proposal for the venture is awaiting sign-off by the National Treasury, William Dachs, chief executive officer of the Gautrain company, said in an interview. Investment and loans would come from a mix of private investors and state institutions such as the Development Bank of Southern Africa, he said.

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    South Africa’s rail expansion plan links Soweto to Johannesburg

    South Africa’s only high-speed rail network is drawing up a multibillion rand plan to expand outside Johannesburg and Pretoria, joining a potential bonanza of infrastructure projects the government says are key to reviving the economy. A proposal for the venture is awaiting sign-off by the National Treasury, William Dachs, chief executive officer of the Gautrain company, said in an interview. Investment and loans would come from a mix of private investors and state institutions such as the Development Bank of Southern Africa, he said.

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    Transnet revamping concessions model to speed up private involvement in rail and ports

    State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the group was prioritising the leveraging of private sector investment across several of its operations in support of government’s persistent call for the total cost of logistics to be reduced.

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    Transnet revamping concessions model to speed up private involvement in rail and ports

    State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the group was prioritising the leveraging of private sector investment across several of its operations in support of government’s persistent call for the total cost of logistics to be reduced.

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    Maritime industry grappling with cyber-physical security as IT/OT converge

    A panel of maritime and cybersecurity experts on October 21 discussed the changing demands on the maritime industry to ensure the physical security of vessels and shore side infrastructure and operations as information technology (IT) and operational technology (OT) converge. The convergence is opening up new attack surfaces that can impact the critical OT systems that underpin the operations and safety of vessels and maritime supply chains.

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    Maritime industry grappling with cyber-physical security as IT/OT converge

    A panel of maritime and cybersecurity experts on October 21 discussed the changing demands on the maritime industry to ensure the physical security of vessels and shore side infrastructure and operations as information technology (IT) and operational technology (OT) converge. The convergence is opening up new attack surfaces that can impact the critical OT systems that underpin the operations and safety of vessels and maritime supply chains.

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    Airlines eye deals with South Africa’s Airlink as SAA, Comair falter

    South Africa’s Airlink is in talks with several foreign airlines seeking to increase their reach in southern Africa at a time when major regional carriers South African Airways and Comair remain grounded, its CE told Reuters. The talks come as Southern…

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    Airlines eye deals with South Africa’s Airlink as SAA, Comair falter

    South Africa’s Airlink is in talks with several foreign airlines seeking to increase their reach in southern Africa at a time when major regional carriers South African Airways and Comair remain grounded, its CE told Reuters. The talks come as Southern…

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    Brazilian aerospace group delivered 28 civilian jets during the third quarter

    Brazilian aerospace and defence group Embraer has announced that it delivered a total of 28 commercial and executive jets during the third quarter of this year. These were divided into seven airliners of its ‘E-Jet’ family and 21 executive jets. The company is the world’s number one manufacturer of commercial jets with up to 150 seats. It is also a major producer of executive jets, as well as military and agricultural aircraft, and additionally is active in other defence and the space sectors. The seven commercial jets delivered comprised six E175 and one E190. The E175 can carry 76 passengers in two classes or 88 seats in maximum density single class, over a range of 4 074 km. The E190 can accommodate 96 passengers in two classes or 114 in maximum density single class, for a distance of 4 537 km.

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