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 ...

South Africa’s transport ministry with the concurrence of the minister of finance agreed to provide a 51 billion-rand ($2.8 ...

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’s high debt of about R230 billion and a maintenance backlog of over R70bn were among the most serious stumbling blocks to its recovery plan, the utility told the Parliamentary Portfolio ...

enable the delivery of Transnet’s recovery and growth, and continue to shape and contribute towards the success of the organisation.” The announcement comes as Transnet seeks to recover from ...

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 ...

A study by the GAIN Group says inefficiencies at Transnet are costing the economy ... develop a system of accountability within the organisation, address excessive costs and conduct a review ...

“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, 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 ...