Southern Africa
Grindrod Reveals Maputo Coal Terminal Upgrade Plans
Firm envisages overall capex spend of US$133 million in 2024-26.
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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