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Brian Molefe News

08 Sep 2015

Saldanha Bay Could be S.Africa's First LNG Import Terminal

Gas seen as key to help resolve power crisis; gas could be sourced from Nigeria, Angola, Mozambique. South Africa could build its first 20 billion rand ($1.4 billion) liquefied natural gas (LNG) import facility at the west coast port of Saldanha Bay to feed gas-to-power projects aimed at easing chronic supply shortages, an official said on Tuesday. Importing LNG is among the options Africa's most developed economy is considering to diversify its energy sources away from coal and ease power shortfalls that have curbed growth. Several companies, including Shell, Mitsubishi and Sasol, are expected to bid for 3,126 megawatt (MW) gas-to-power projects in the first quarter of 2016, when exact details will become known.

27 Aug 2012

Transnet South Africa to Invest Heavily in Logistics Infrastructure

Breakbulk's first Africa conference discusses challenges, opportunities in moving breakbuld & heavy-lift cargo in & out of Africa. South Africa's national transport company is planning infrastructure improvements that will move cargo from highways to rail, the chief executive of Transnet recently told 300 attendees at the first Breakbulk Africa Congress held on the African continent. Transnet CEO Brian Molefe said the investment of R300 billion into capital infrastructure projects through 2019 will decrease transportation prices in a country where moving cargo costs more than five times what logistics providers pay in Europe and the U.S.

06 Jun 2012

Breakbulk Africa Congress – Transnet CEO to Speak

Brian Molefe: Photo credit UBM Global Trade

Transnet SOC is South Africa's national transport arm and the governing body for the country's rail, pipelines, ports and terminals. During his keynote address, Molefe will discuss Transnet's recently announced, four-point growth strategy, which includes plans to invest R110.6 billion (US$12.9 billion) in new rail equipment, the widening and deepening of ports and building a new pipeline to solve South Africa's infrastructure challenges. Molefe is a South African businessman who has also worked in the office of the premier in the Limpopo, where he was responsible for strategic planning.

06 May 2011

Milestone for Cape Town Container Terminal Expansion

South Africa’s state-owned freight transport and logistics giant Transnet Limited today celebrated a significant milestone in its R5.4 billion expansion of the Cape Town Container Terminal. On completion, the five-year project will double the terminal’s capacity to 1, 4 million TEUs per annum. Speaking at a ceremony attended by Public Enterprises Minister, Mr Malusi Gigaba, Group Chief Executive, Mr Brian Molefe, announced the company had completed major dredging, deepening and refurbishment work at Berth 602, the second of four berths to undergo such upgrades.