Glen Tancott | Infrastructure news - Part 8

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Big funding for Mombasa port

Funding for the expansion works at the second container terminal at the Port of Mombasa will be supplied by the Japanese government to the tune of $270 million. National Treasury Cabinet secretary Henry Rotich said the financing will be used for...
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FIATA supports dropping of surcharges

The International Federation of Freight Forwarders Associations (Fiata) has put its support behind the call to eliminate the fuel and security surcharges in airline freight rates. “Recent statements of some airlines’ freight divisions announcing...
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Weak kwacha affects Zambian importers

According to a report by Zambian daily newspaper, The Post, the weakening of Zambia’s local currency against major global currencies has increased the price of importing goods and as a result, has affected local business. It was reported that...
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Increase in SA Trade Index for December

According to the SA Chamber of Commerce and Industry’s (Sacci) December Trade Conditions Survey, South Africa’s non-seasonally adjusted Trade Activity Index (TAI) for December 2014 was four points above the TAI index for the same period in 2013....
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16 new RTG cranes for APM

An ongoing programme to upgrade and expand the container-handling capacity of the APM Terminals’ global terminal network will receive a big boost with the order of 16 new advanced rubber-tyre gantry cranes. Twelve of the RTGs are scheduled for...