Grindrod to sell R4bn in new shares

2014-03-28 16:06

South African logistics company Grindrod says it would issue up to R4bn worth of new shares to expand its port, terminal and rail capacity.

Grindrod in $989m Zambia railway deal

2014-02-03 12:21

Grindrod says it has clinched a deal to help build, operate and maintain a 590km railway connecting Zambia's copper belt with the Angolan border.

Africa's top coal port expands capacity

2013-08-28 15:20

Africa's biggest coal export port is to be expanded in a $192m investment designed to help smaller South African mining companies send their output abroad.

Grindrod earnings rise 22%

2013-02-27 11:10

Shares of Grindrod rose more than 2% after the shipping firm posted a 22% rise in full-year earnings, beating market expectations.

Truckers throw in towel, mines drop axe

2012-10-09 16:14

About a third of truck drivers have agreed to return to work, but disputes in the mining sector have escalated after Gold One and Atlatsa fired workers.

Grindrod, Vitol deal approved

2012-09-25 13:41

The SA and European competition authorities have approved a deal by Grindrod to sell a 50% interest in Cockett Marine Oil to energy firm Vitol.

Grindrod profit takes 40% hit

2012-02-29 12:09

Freight and shipping logistics company Grindrod has reported a 40% decrease in profit for its financial year ending December 31 2011.

Grindrod warns of earnings plunge

2012-01-12 17:52

Grindrod says it expects full-year earnings to be at last 35% lower.

Grindrod enters talks to raise R2bn

2011-08-22 15:03

Shipping firm Grindrod says it is considering taking a R2bn capital injection from a potential strategic partner through the issue of new shares for cash.

Lonhro buys Grindrod's food exporter

2011-07-20 08:48

Following the acquisition of Grindrod PCA, Lonhro has become the largest distributor by air of fresh produce from Southern Africa.

‘n Vaart deur onstuimige water

2011-04-07 00:00

Die internasionale seehandel en -vervoer kan vir ’n buitestander vol teenstrydighede wees. Kommoditeitspryse styg al drie jaar of langer en baie bereik nuwe hoogtepunte.

Grindrod suffers 12% profit drop

2011-02-24 08:47

Africa's biggest shipping company Grindrod has been hit by a stronger rand while increased competition depressed freight rates.

Grindrod unit to start UK bunker service

2010-08-27 11:46

Shipping group Grindrod says its subsidiary Cockett Marine Oil will start a service for shipping operators transiting the English Channel, one of the world's busiest routes.

Get a high and steady income

2010-08-27 10:33

Preference shares have proved an efficient alternative investment for individuals seeking a relatively high and stable source of income.

Strong rand sinks Grindrod profit

2010-08-19 09:10

Africa's biggest shipping group Grindrod has suffered a 10% fall in half-year profit, as a stronger rand ate into its overseas earnings.

'Get real on investment growth'

2010-07-14 11:52

Top performing shares can disappoint backers, while unloved stock may produce exceptional returns, says an asset manager.

EPS: a deeper meaning

2010-06-02 15:21

The beauty of the EPS table is that you can spot the ‘sleepers’ – the companies that deserve wider recognition due to superior performance over five years.


Grindrod acquires Zim company

2014-03-04 09:29

Grindrod through its trading division has acquired a 51% stake in Bulawayo-based fast moving consumer goods company United Refineries Ltd.

Grindrod plans switch from coal in Mozambique

2013-11-27 17:33

SA logistics group Grindrod plans to switch to processing mainly magnetite instead of coal at its Matola terminal in Mozambique, a company official says.

Grindrod to buy into Zim company

2013-06-28 11:13

Grindrod through its subsidiary Grindrod Trading is set to buy a 49% shareholding in Zimbabwean milling company Victoria Foods.

More value in listed property

2012-12-03 13:54

South Africa's listed property sector advanced 1.8% last week, bringing the sector to 6.7% for November, Grindrod Asset Management says.

Transport strike hits fuel supplies

2012-10-02 13:46

Fuel suppliers are feeling the pinch as a strike by over 20 000 truck drivers is delaying pump deliveries and stations are running out of certain types of fuel.

Grindrod, Plexus merge units

2012-04-12 13:53

Grindrod Asset Management and the Plexus Group have joined up their assest management businesses which will operate under the Grindrod brand.

Grindrod sells stake in Maputo terminal

2012-01-18 17:16

Commodities trader Vitol has acquired a portion of the Maputo coal terminal from Grindrod.

Grindrod sells 22% stake to raise cash

2011-09-20 08:27

Shipping and freight firm Grindrod says it will sell a 22% stake to investment firm Remgro for R2bn, to help it pay down debt and support a capital-intensive expansion plan.

Grindrod profit slumps 42%

2011-08-18 09:05

Africa's biggest shipping company has been hit by weak freight rates and unfavourable swings in currencies.

Three must haves

2011-06-23 00:00

There are few investment classes that inspire more pub talk than small capitalisation shares. The talk of the elusive next “10 bagger” always seems to drown out the stories of money lost on the investment the market never quite seemed to “value correctly”.

Sailing through choppy waters

2011-04-07 00:00

To an outsider, sea trade and transport globally would probably seem full of contradictions. Commodity prices have been increasing for three years or more and many are reaching new highs.

Abu Dhabi plan to invest in Africa

2010-12-02 11:00

An Abu Dhabi-based firm, in which Grindrod has a stake, is planning multi-billion dollar investments in African infrastructure, reports the Financial Times.

Get a high and steady income

2010-08-27 10:33

Preference shares have proved an efficient alternative investment for individuals seeking a relatively high and stable source of income.

Grindrod to enter English Channel waters

2010-07-29 17:21

Cockett Marine Oil, a division of shipping group Grindrod, says it will start a bunkers-only service for shipping operators transiting the English Channel.

Shipping data show strong trade

2010-07-02 16:04

Despite concern over global unemployment and Europe's debt issues, world trade seems to be healthy - judging from shipping container volumes.

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