News

Navigating Climate Action: Impacts of shipping carbon tax on African economies

As global attention intensifies on the shipping industry's role in addressing climate change, the International Maritime Organization (IMO) has committed…

1 year ago

DSV acquires Schenker in €14.3 Billion Deal

DSV says says it has signed an agreement to acquire Schenker from Deutsche Bahn in a transaction worth EUR 14.3…

1 year ago

Transnet gets financial impetus to improve South Africa’s freight and rail sector

The New Development Bank (NDB) signed a  R5 billion loan agreement with Transnet, South Africa’s leading freight transport and logistics…

1 year ago

naamsa releases august 2024 new vehicle sales statistics

Reflecting on the new vehicle sales statistics naamsa | The Automotive Business Council said that the positive July 2024 new…

1 year ago

South Africa seeks to bolster logistics investment amid challenges

South Africa remains confident that the implementation of the Freight Logistics Roadmap will enable investment in South Africa’s ports and…

1 year ago

GCCA issues call to action on food supply chain resilience and boosting trade in Africa

African policy leaders must support robust growth in the cold chain for the success of the African Continental Free Trade…

1 year ago

Kenya Airways posts first half-year profit after decade of losses

Kenya Airways PLC has announced a significant milestone in its journey towards profitability, marking the first time the airline has…

1 year ago

Qatar Airways acquires 25% stake in South Africa’s Airlink

Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional carrier, Airlink. The announcement is a…

1 year ago

Tanzania’s East Africa Commercial and Logistics Center opens in October

The East Africa Commercial and Logistics Center is located in UBUNGO District in Dar es Salaam will be opened in…

1 year ago

Bankrupt Kenya’s Mobius Motors gets New lease of life

An unidentified buyer has come to the rescue of Mobius  Motors, a Kenyan car maker that was set for closure.…

1 year ago