The possibility that Transnet could run out of funds within the next three months may increase pressure on government to step in with additional financial aid.

The government has approved a R51 billion guarantee facility for embattled Transnet. This guarantee facility is effective ...

The company will be able to access the funds immediately to support its 'capital investment program and to enable it to meet its debt obligations'.

Transnet faces a potential liquidity crisis as Moody's warns of unsustainable capital structure and exhausted government guarantees. With a turnaround strategy in progress, the state-owned entity ...

South Africa’s transport and finance ministries have approved a R51 billion guarantee facility to Transnet SOC Ltd., the ...

South Africa’s state-owned transport and logistics company, Transnet SOC Ltd., will run out of money for operations and debt-servicing within three months unless it gets a government bailout ...

Transnet, which is pivotal to the country’s freight rail and port systems, has been grappling with substantial operational and financial challenges.

Transnet has declared its sixth force majeure in 18 months, this time on the coal ... Transnet is required to transport a minimum contracted tonnage of coal or face financial penalties.

In addition to this, every single month Transnet is losing about 100km of cable — which means a dwindling number of trains that can transport goods. To overturn this, the company needs to invest ...

There are early indications that state-owned transport group Transnet ... Two big developments in recent months are responsible for Transnet possibly staging one of the greatest turnarounds ...

Developing infrastructure, expanding investment and giving professionals crucial skills will boost the sector, to the benefit of all South Africans ...

The state-owned transport group has seen a ... vandalism and the theft of copper cables. Transnet, whose financial year for 2023/24 ended last month, has unveiled preliminary and unaudited data ...