Customer Solutions
Our can-do attitude, tenacity, courage and vision have seen us grow from humble beginnings into a global powerhouse represented in 21 countries. We provide customer solutions for an efficient and cost effective cargo flow – efficiently moving cargo by road, rail, sea and air – providing integrated logistical and specialised services across trade corridors.
SHERQ
Keeping our people and communities safe is a top priority.
Safety first is a Grindrod promise.
Grindrod is guided by legislation and international and national best practice.
Read moreOur investment in southern Africa is evident in our active commitment to building infrastructure to support customer needs.
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Stories
The
extension of the MPDC concession is official
The
Government of Mozambique delivered exciting news at the end of January. The
concession to operate the Port of Maputo by MPDC, in which Grindrod holds a
24.7% share, was officially extended to 2058. This is a significant milestone
that reflects the government's confidence in MPDC and underscores the crucial
importance of the partnerships built over the years.
Message from the CEO
XOLANI MBAMBO
We recently reported our financial results
for the year ended 31 December 2023. Despite facing challenges in the
macroeconomic environment and commodity price fluctuations, we have
demonstrated resilience and growth across our operations.
Our headline earnings increased by 29% to
R1.4 billion, with EBITDA reaching 2.5 billion, a 16% rise from the previous
year. Furthermore, we are delighted to announce an 84% increase in the
full-year dividend to our valued shareholders, now at 72.4 cents per share.
The recent highlights showcase the
dedication and hard work of our team. From the extension of the concession to
operate the Port of Maputo to the record volumes achieved, the top position
secured in the KPMG survey, Best Company in Mozambique, and the surpassing of
handling volumes in our terminals, each milestone is a testament to our
collective efforts and unwavering commitment to operational excellence.
The launch of the M.V. Mpungu on Lake
Victoria in Uganda marks a significant step forward in our regional expansion
strategy. Our focus on becoming a regional rail operator is progressing well,
and our collaborations with state-owned railways are paving the way for more
efficient routes to market for our customers.
As we look ahead to the future, I am confident that we will navigate another challenging year and drive growth by providing cost-effective integrated logistics solutions.
I extend my heartfelt thanks to our
investors, employees, customers, and partners for their unwavering support and
dedication. Together, we have achieved great things in 2023 and will continue
to build on our success.
News
Grindrod
to operate the first roll on / roll off freight vessel on Lake Victoria
The M.V.
Mpungu - the first roll on / roll off freight vessel – was launched on Lake
Victoria on 21 February 2024.
Commissioned
by InfraCo Africa and Grindrod, the 96-metre-long vessel has the capacity to
handle up to 1,000 tons of containerised cargo, the equivalent of twenty-one
trailers.
Grindrod
will operate the EAMT vessel, offering freight carriers access to a safe,
scheduled freight service between Uganda and Tanzania.
Grindrod
supports Blossom Cares
A team from
Grindrod in Durban and the Blossom Cares team recently visited Inhlakanipho
High School in KwaMashu—the objective was to launch a menstrual health
programme at the school.
Grindrod’s
dry bulk terminal in Maputo Port named the Best Company in Mozambique
Congratulations
to the team at Grindrod's dry bulk terminal in Maputo Port (Grindrod Mozambique
Limitada) for securing the top position in the KPMG survey of the Best Company
in Mozambique for 2022. The results were recently announced in the XXV edition of
the prestigious survey of "The 100 largest Companies in
Mozambique".