PORTS NEWS ON FASTMOVING

Parliament - Transnet CEO Brian Molefe told MPs on Tuesday the transport utility's R300bn expansion programme will put 220 000 jobs into the economy, not well over 500 000 as reported.  read more

South African state-owned port operator, Transnet Port Terminals, is continuing with an aggressive and focused recovery plan aimed at reducing port bottlenecks and boosting the operational performance of Pier 2 at the Durban Container Terminal (DCT).  read more

Johannesburg - Logistics group Transnet will borrow R100bn over the next seven years to pay for a R300bn infrastructure programme, its chief executive said on Monday. read more