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Southern Africa

Grindrod Reveals Maputo Coal Terminal Upgrade Plans

Firm envisages overall capex spend of US$133 million in 2024-26.

March 11, 2024

By Sneha Abraham
South African logistics firm Grindrod has announced plans to spend Rand 2.5 billion (US$133.1 million) in the next three years on maintaining its asset base, including expanding the capacity of the Matola coal terminal at Mozambique’s Port of Maputo.The company’s capital expenditure (capex) in the year ending December 2023 totalled

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