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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...
Money

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...
Logistics

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...
Money

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...
Money

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,...

COMESA launches Regional Customs Transit Guarantee Scheme mobile app

The COMESA Regional Customs Transit Guarantee Scheme (RCTG Carnet) has launched a Mobile Application designed to provide access to...

South African Business confidence recovers some lost ground in third quarter

After falling from 18 to an all-time low of five in the second quarter, the RMB/BER Business Confidence Index...

Trade sector in South Africa: Confidence edges up in Q3

The improvement in sentiment across the entire trade sector in South Africa can certainly be attributed to the eased...

Maersk launches its cold store in South Africa

Maersk with their partner is launching its second dedicated warehouse in South Africa, trading under the name of Precool...

Container shipping firm Hapag-Lloyd opens office in Lagos

Container shipping firm  Hapag-Lloyd has opened its new office in Lagos, Nigeria. As the largest economy and one of...

Co-operative Bank partners with Toyota Kenya in vehicles financing

Toyota Kenya and Co-operative Bank have entered into a strategic financing partnership that will enable the bank’s customers to...

UN raises concerns over food loss, waste

The UN has observed an increase in food loss and waste as a result of movement and transport restrictions...

Qatar Airways resumes 19 weekly flights to South Africa

Qatar Airways has announced the resumption of three key destinations in South Africa; Cape Town, Durban and Johannesburg. Flights...

Millions of jobs at risk due to Covid-19 aviation downturn

T he Covid-19 aviation downturn followed by a slow recovery will result in a loss of up to 46...

Corruption and tax-dodging ‘rampant’, urgent reforms needed: UN panel

Tax abuse, money laundering and corruption, plague the global financial system, a high-level UN panel reported on Thursday, launching...

Qatar Airways thanks teachers with 21,000 complimentary tickets

On the occasion of World Teacher’s Day, Qatar Airways will give away 21,000 complimentary tickets to teachers to thank...

Lufthansa Cargo welcomes ninth B777F in Frankfurt

On Tuesday, September 29, at 11:19 a.m. local time, the carrier's latest Boeing 777F landed for the first time...
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