Tag: Logistics

Business Acquisition

Grindrod Announces Internal Promotion of Kwazi Mabaso to Chief Executive Officer

Grindrod has named Kwazi Mabaso as its next chief executive officer, effective December 1, 2024. Mabaso currently serves as CEO of Grindrod Terminals and brings extensive experience in African markets and large-scale projects. The internal promotion follows the company’s strategic growth initiatives and recent mergers and acquisitions.

Leadership Transition at Integrated Logistics Group

Grindrod has announced an internal leadership succession with chief executive officer Kwazi Mabaso set to take the helm of the JSE-listed group beginning December 1, according to company reports. Mabaso, who currently leads Grindrod Terminals, will replace outgoing CEO Xolani Mbambo in what sources indicate represents a strategic continuity move for the logistics company.

by Aaron Blake
Business AcquisitionInternational Business and Trade

DHL Group Announces €300M Investment to Boost Sub-Saharan Africa Trade Growth

DHL Group has unveiled a major €300+ million investment plan for sub-Saharan Africa to enhance logistics capabilities and support trade growth. The multi-year initiative will focus on expanding infrastructure and services across key sectors including e-commerce, perishables, and life sciences.

Major Logistics Investment Announced

Multinational logistics company DHL Group has reportedly committed over €300 million to accelerate trade growth across sub-Saharan Africa, according to recent announcements made during the company’s ‘Global Trade Shifts – Spotlight Africa’ media tour in Johannesburg. Sources indicate this multi-year investment will be deployed across DHL’s three main divisions to expand infrastructure and enhance service capabilities.

by Aaron Blake