Monday, July 6, 2026

News

Traxtion Secures $86 Million Equity Investment to Accelerate Rail Expansion in Southern Africa

Rail-focused logistics operator Traxtion has secured an $86 million equity investment in a major capital raise that brings together leading institutional investors, signaling renewed confidence in Southern Africa’s rail...

Durban’s Agribulk Terminal Ships First Maize Vessel in 18 Months — and a Record Harvest Promises More

After an 18-month silence, South Africa's Maydon Wharf Agribulk Terminal in Durban has loaded its first export maize...

Storms Ground Dallas Airports: Over 400 Flights Canceled as FAA Issues Ground Stops at DFW and Love Field

Severe thunderstorms tore through North Texas on Tuesday, May 19, triggering Federal Aviation Administration ground stops at both...

FlySafair’s R12 Birthday Sale: What It Reveals About South Africa’s Aviation Cost Crisis in 2026

South Africa's most popular low-cost airline is back with its annual birthday giveaway — but the small print...

Coinbase Cuts 700 Jobs as AI Reshapes the Tech Workforce — What Africa’s Logistics Sector Should Watch

The global technology sector is undergoing a reckoning, and the latest signal came loud and clear on Tuesday,...

Telkom Unveils New Logo and Brand Identity in Strategic Repositioning Drive

Telkom has officially unveiled its refreshed logo and visual identity as part of a broader strategy to modernize its...

Werner Enterprises Triumphs in Landmark Legal Battle as Texas Supreme Court Dismisses $90M Verdict

In a groundbreaking ruling delivered on June 27, 2025, the Texas Supreme Court reversed a nearly $100 million judgment...

Rangel’s Bold Bet on South Africa: What It Means for Regional Logistics

In a series of strategic moves that transcend mere expansion, Rangel Logistics Solutions—a Portugal-based logistics powerhouse—has steadily deepened its...

Former NSE boss Geoffrey Odundo Appointed as Nation Media Group CEO

Nation Media Group (NMG), East Africa's largest independent media house, has announced the appointment of Geoffrey Odundo as its...

Ghana’s Inflation Eases for Second Consecutive Month

The recent easing of inflation in Ghana marks a significant development in the country's economic landscape. After experiencing a...

Angola’s Public Debt in 2025: A Deep Dive into Loan Defaults and Financial Challenges

As of 2025, Angola's public debt has risen sharply to 57.4 trillion kwanzas (approximately 58.61 billion U.S. dollars), accounting...

SASSA Announces February 2025 Grant Payment Dates: What Beneficiaries Need to Know

The South African Social Security Agency (SASSA) has released the payment schedule for various social grants for February 2025,...

SASSA to suspend SRD grants where fraud is suspected

In a decisive move to protect the integrity of the Social Relief of Distress (SRD) grant system, the South...

Fuel prices in Kenya rise in latest EPRA review

The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in fuel prices in its latest review,...

Eskom’s Turnaround Efforts: Progress, Projections, and Challenges Ahead

In recent months, South Africa's state-owned power utility, Eskom, has made significant strides in its efforts to stabilize and...

Ethiopia Launches First Stock Exchange: A Historic Step in Economic Liberalization

Ethiopia has officially inaugurated its long-awaited Securities Exchange (ESX), marking a groundbreaking moment in the nation's ongoing economic reforms....

Zimbabwe’s Currency Crisis Deepens: A Nation at a Crossroads

Zimbabwe is grappling with yet another chapter of economic turbulence as its currency crisis intensifies, undermining confidence in the...

PHARMA lOGISTICS