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IOL News
12-05-2025
- Business
- IOL News
Transnet Port Terminals stabilises operations and positions for future expansion
Transnet Port Terminals (TPT) CEO Jabu Mdaki speaking at the Transport Forum in Durban on Tuesday. Image: Supplied Transnet Port Terminals (TPT) is shifting into a growth trajectory following the recent stabilisation of its business operations, as CEO Jabu Mdaki revealed at the Transport Forum in Durban on Tuesday. This rally comes after the terminal operator adopted a multifaceted approach, which is now beginning to yield significant results in the freight and logistics sector. TPT has earmarked a substantial R3.4 billion for new equipment acquisitions in the 2025/2026 financial year, demonstrating its commitment to modernising infrastructure and enhancing operational efficiencies. Key initiatives include a thorough review of loading cycles in the container sector, upgrading rail infrastructure and agricultural capacity at the Cape Town Multipurpose Terminal, and the anticipated delivery of a third tippler to Saldanha's Bulk Terminal operations by October 2025. Historically, underinvestment in equipment alongside adverse weather conditions and strict policies has hampered TPT's operational efficiency. However, the company has embarked on an ambitious plan to refurbish its current fleet across 16 terminals, which handle various cargo types including agricultural, mineral bulk, breakbulk, containers, and automotive. 'We have also had to employ newtechnologies, automate some of our processes and maximise data analytics in order to predictmaintenance and obtain business intelligence for effective planning and performance,' saidMdaki. To further drive recovery, TPT has introduced new technologies, automated key processes, and leveraged data analytics to predict maintenance needs and derive business intelligence for effective planning and performance improvement. Recent preliminary figures for the 2024/2025 financial year indicate that TPT has surpassed volume targets at five of its 16 terminals, including remarkable achievements at the Richards Bay Terminals, Durban Container Terminal Pier 1, Durban Multipurpose Terminal, and the Port Elizabeth Container Terminal. Despite these successes, Mdaki emphasised the operator's ongoing focus on improved efficiencies, increasing volume growth across sectors, and expanding its market share. While TPT faces challenges such as the impact of US tariffs on South African exports, Mdaki reassured stakeholders of ongoing collaborations within the industry aimed at mitigating potential repercussions on operational plans and annual forecasts. The citrus fruit season, which commenced in April, has further spotlighted TPT's initiatives. New equipment, including ship-to-shore cranes at the Port Elizabeth Container Terminal, rubber-tyred gantry cranes, straddle carriers, rail-mounted gantry cranes, haulers, forklifts, trailers, reach stackers, and additional cranes at the Durban and Cape Town container terminals, have been commissioned and deployed, amplifying the terminal's operational capabilities. BUSINESS REPORT
The South African
28-04-2025
- Sport
- The South African
LIV Golf Mexico City: Here's how much the South African quartet earned
LIV Golf was back in action in Mexico City, it's sixth event of the season and first since the Masters. It was the league's first visit to Mexico City and the third visit to Mexico after playing in Mayakoba in each of the last two years. Joaquin Niemann shot a final-round 65 to come from behind and top Bryson DeChambeau in the final round at the Club de Golf Chapultapec. Niemann took home the customary $4 million for his victory from the overall $20 million purse. DeChambeau (even-par 71) tied Lucas Herbert (10-under 61) for second place, three behind Niemann. Niemann now has an insurmountable lead in LIV Golf's individual standings that he's assured of earning the league's exemption into the US Open at Oakmont. Jon Rahm's Legion XIII team won the team title and now tops the league's team standings. Rahm finished in fourth place and still has not finished outside the top 10 in every LIV Golf event he's ever played. Sergio Garcia's Fireballs are second in team points. From a South African point of view, Charl Schwartzel finished in a tie for seventh on 9-under par and banked $493 125 (R9.2 million). Branden Grace and Dean Burmester both finished in a tie for 26th on even par and earned $182 500 (R3.4 million). Louis Oosthuizen struggled somewhat and ended 40th on four-over par but still took home $135 000 (R2.5 million). The all-South African Stinger GC side finished seventh out of 13 teams on 5-under par. Next up for LIV Golf: South Korea next week to play at the Jack Nicklaus Golf Club. Here is the rundown of what each player earned in Mexico City. WIN: Joaquin Niemann, -16, $4 million T-2: Lucas Herbert, -13, $1.875 million T-2: Bryson DeChambeau, -13, $1.875 million 4: Jon Rahm, -12, $1 million T-5: Tyrrell Hatton, -11, $750,000 T-5: Cameron Smith, -11, $750,000 T-7: Bubba Watson, -9, $493,125 T-7: Sebastian Munoz, -9, $493,125 T-7: Dustin Johnson, -9, $493,125 T-7: Charl Schwartzel, -9, $493,125 T-11: Richard Bland, -7, $370,000 T-11: Caleb Surratt, -7, $370,000 T-13: David Puig, -6, $330,000 T-13: Talor Gooch, -6, $330,000 15: Thomas Pieters, -5, $300,000 16: Carlos Ortiz, -4, $285,000 T-17: Graeme McDowell, -3, $255,000 T-17: Patrick Reed, -3, $255,000 T-17: Harold Varner III, -3, $255,000 T-17: Matt Jones, -3, $255,000 21: Jinichira Kozuma, -2, $230,000 T-22: Brendan Steele, -1, $206,250 T-22: Phil Mickelson, -1, $206,250 T-22: Anirban Lahiri, -1, $206,250 T-22: Paul Casey, -1, $206,250 T-26: Branden Grace, E, $182,500 T-26: Abraham Ancer, E, $182,500 T-26: Charloes Howell III, E, $182,500 T-26: Dean Burmester, E, $182,500 T-30: Fredrik Kjettrup, +1, $162,500 T-30: Luis Masaveu, +1, $162,500 T-30: Brooks Koepka, +1, $162,500 T-30: Marc Leishman, +1, $162,500 T-34: Tom McKibbin, +2, $146,250 T-34: Chieh-Po Lee, +2, $146,250 T-34: Henrik Stenson, +2, $146,250 T-34: Jason Kokrak, +2, $146,250 T-38: Peter Uihlein, +3, $138,750 T-38: Lee Westwood, +3, $138,750 40: Louis Oosthuizen, +4, $135,000 T-41: Andy Ogletree, +5, $128,500 T-41: Sam Horsfield, +5, $128,500 T-41: Kevin Na, +5, $128,500 T-41: Danny Lee, +5, $128,500 T-41: Ian Poulter, +5, $128,500 46: Cameron Tringale, +6, $125,000 T-47: Matthew Wolff, +7, $121,250 T-47: Martin Kaymer, +7, $121,250 49: Mito Pereira, +8, $60,000 50: Sergio Garcia, +9, $60,000 51: Anthony Kim, +10, $60,000 52: Adrian Meronk, +13, $50,000 53: Yubin Jang, +17, $50,000 54: John Catlin, $33,333 WD: Ben Campbell, $16,667 WIN: Legion XIII (Rahm, Hatton, McKibbin, Surratt), -28, $3 million 2: Ripper GC (Smith, Herbert, Jones, Leishman), -26, $1.5 million 3: Torque GC (Niemann, Munoz, Ortiz, Pereira), -21, $500,000 Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
