Transnet's recent R51 billion bailout from the South African government aims to address its substantial debt and enhance ...

Transnet's recent R51 billion bailout from the South African government aims to address its substantial debt and enhance infrastructure investment, with experts weighing in on its potential impact on ...

Derby, Dlamini and Mzimela inherited a functional organisation and then set about to decimate it. Transnet has, over the past two years, raked up a net loss position of close to R12 billion.

Transnet says the project is a significant milestone in the company’s transformation into an agile, data-driven and customer-centric organisation. Interested parties have until August 30 to ...

Aug 20 (Reuters) - South Africa's Transnet is seeking debt relief from the government as it seeks to repair its balance sheet and restore freight rail and port capacity, the state-owned logistics ...

“Transnet will not achieve the budget of 170Mt,” adds Havenga. “There is no progress with restructuring the organisation and this impacts investment and rehabilitation of the assets.

Johannesburg - One of Cosatu’s affiliates has slammed state-owned transport, freight and logistics company Transnet’s decision ... at the organisation’s head office in Midrand, Joburg ...

Beyond mining goods, Transnet Freight Rail also rails steel, cement, agricultural products and bulk liquids. Total volumes increased by 3.2% to 78 million tonnes compared with 75.6 mt in 2023. In ...

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 ...

South Africa’s Transnet SOC Ltd. has a turnaround plan to ease port and rail snarl-ups that have hamstrung the continent’s biggest economy. It just needs money. And while state-owned companies ...

JOHANNESBURG, Sept 29 (Reuters) - South African state-owned logistics company Transnet said on Friday that Portia Derby would step down as its chief executive officer from Oct. 31. Derby and her ...

“It is great to welcome Letsoalo back to Transnet and to be able to draw on his global knowledge of the logistics industry at such an important time in our organisation’s history,” enthused ...