2024 interim
financial results  B-BBEE
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Our Purpose is to make a positive difference in Africa's trade with the world, touching lives of the communities in which we operate.

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.

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Our investment in southern Africa is evident in our active commitment to building infrastructure to support customer needs.

Our ambition is to facilitate trade across key corridors in sub-Saharan Africa. This requires partnering with customers to understand their unique requirements, collaborating with governments and local authorities, investing and building infrastructure, and ensuring that our business units are aligned to provide the most effective logistics solution.


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Port
dry bulk Terminals
Multi-purpose Terminals

Grindrod offers an efficient service across Southern Africa to importers and exporters. Our infrastructure is designed to handle a variety of bulk, break-bulk commodities, vehicles and containers. We have long-standing relationships with numerous mining houses, commodity traders and large industrial consumers.


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Grindrod's logistics network actively contributes to inclusive economic growth by driving flows of minerals, agricultural products and project cargo across key southern African trade corridors. We efficiently develop and manage trade corridors in collaboration with our partners and stakeholders.


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Our rail, road, and marine transportation networks, enable trade flow by efficiently operating on corridors, transporting cargo overland, over-border, and by sea, connecting customers to markets.


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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.

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Message from the CEO

XOLANI  MBAMBO

Appointed CEO, Grindrod Limited on 1 January 2023
CA(SA), AMP (Harvard)

As we approach the end of 2024, I would like to take the opportunity to express my gratitude to our customers for placing their trust in us and to our business partners and stakeholders for your continued support.

To the Grindrod team, I once again would like to thank you sincerely. I am proud of our efforts and achievements and the hardworking, dedicated, and passionate people throughout all 21+ countries of our Grindrod operations.

This has been quite a year. The world and markets have changed significantly over the past 12 months – and so too has our work evolved to respond to some of the global challenges we face.

I would like to welcome Andile Khumalo and Raymond Ndlovu, who were appointed to the board on November 1, 2024. Your insights are highly valued and appreciated.

We have ended the year on a high; being ranked second in the Sunday Times Top 100 Companies is a tremendous honour. This achievement would not have been possible without the support of our customers, Grindrod team, business partners, and key stakeholders. I sincerely thank you.

I would like to highlight several strategic milestones that have been pivotal to our growth trajectory.

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XOLANI MBAMBO

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.

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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.

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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".  

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