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Trade Winds weekly update volume 13

Transport strike, following last weeks’ violent strikes and protests, things have calmed down this week, the All Truck Drivers’ Foundation (ATDF) has said it is suspending protest activities against foreign nationals working in South Africa’s road freight industry, there are rumours on the ground that a potential transport strike is still on the cards, however there is no confirmation from any reliable sources at this stage, following on this there has been bad weather on the N1 between Hanover and Richmond has been badly affected by a thick blanket of snow covering the upper Karoo.

Trucks who were forced to break suddenly jack knifed, there were reports of a few collisions too due to the ice on the roads.

Some industry representatives believe the weather has forced the ATDF’s hand in the matter, bringing welcome respite to transporters from the violent unrest seen on the country’s roads last week.

Cold Weather halts Cape Town Port’s streak, Efforts to claw back lost throughput at the Port of Cape Town following Covid-related essential staff shortages and subsequent cargo processing delays have been set back by the stormy weather that made landfall this past Monday.

The projected backlog clearance by end July is no longer feasible as bad weather continues to pummel the port. The latest projection is now early August.

The Multi-Purpose Terminal has been affected by swells and bad weather which only allowed one vessel to be worked so far. There has been swells recorded as high as 13 meters since the beginning of the week. There were 10 vessels awaiting berthing slots, nine had to lift anchors and retreat to safer waters.

The port itself was affected by seven-metre swells coming in, affecting quay-side vessels and necessitating immediate intervention from port personnel.

Five vessels had been unable to enter the port – and by noon Tuesday berthing was still on hold.

Transnet National Ports Authority (TNPA) said it would continue to test the swells and would allow vessels to enter the port once it was safe to do so.

Level 3.5?, this past Sunday, President Cyril Ramaphosa added new regulations to the already on going Level 3 of South Africa’s lockdown. Again, Alcohol has been prohibited which has been a major talking point, this not only affects the country’s already struggling economy but has also put a direct stop to South Africa’s wine exports. With the selling and distribution of alcohol being prohibited the transport has been banned too thus not allowing any of South Africa’s famous wines being shared around the world. Tobacco is still a no go; however, the export of tobacco has been allowed, this itself is a positive and hopefully can give the economy an extra life line.

ZMDC begins coal exploration, The Zimbabwe Mining Development Corporation has started coal and methane gas exploration in Lupane, Matabeleland North Province. Some years ago, the government allocated the parastatal two Special Grants to explore coal and methane gas.

“ZMDC found investors for the Special Grants and have since signed a joint venture agreement and now the investor is doing exploration.” Mines and Mining Development Deputy Minister Polite Kambamura said.

The project is a massive investment that would significantly transform Zimbabwe’s economy in sync with Vision 2030 where the government aims to achieve an upper-middle-income economy status.

The development of the Lupane coal-bed methane gas project has the potential to boost the country’s energy generation capacity. Zimbabwe requires an additional 9000MW of electricity to achieve an upper-middle-income by 2030 and currently, the country’s demand for power is around 2000MW.

“The bad news is time flies. The good news is you’re the pilot.”