In terms of that judgment, Transnet was ordered to make payment to Sasol Oil of the amount of R3.9 billion plus interest. Transnet has sought leave to appeal that judgment to the Supreme Court of ...

South Africa’s transport and finance ministries have approved a 51 billion-rand ($2.8 billion) guarantee facility to Transnet SOC Ltd., the nation’s struggling rail and ports operator.

The Minister of Transport, Barbara Creecy, has this week approved a R51 billion guarantee facility for Transnet, with the concurrence of the Minister of Finance. This guarantee facility is ...

In terms of that judgment, Transnet was ordered to make payment to Sasol Oil of the amount of R3.9 billion plus interest. Transnet has sought leave to appeal that judgment to the Supreme Court of ...

The government has approved a R51 billion guarantee facility for embattled Transnet. This guarantee facility is effective immediately in support of Transnet’s capital investment programme and to ...

An urgent Section 150 meeting organised by the Commission for Conciliation, Mediation and Arbitration (CCMA) to avert a potential strike by thousands of workers at Transnet took place on Tuesday.

South Africa’s transport and finance ministries have approved a R51 billion guarantee facility to Transnet SOC Ltd., the nation’s struggling rail and ports operator. The facility is effective ...

JOHANNESBURG, May 22 (Reuters) - South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) guarantee facility, the transport ...

Minister of Transport Barbara Creecy has approved a R51 billion guarantee facility for Transnet, effective immediately, in a bid to bolster the State-owned freight and logistics group. This ...

Transnet’s profits declined from R5 billion in 2019 to a net loss of R5.7 billion in 2023, and in 2024, it carried a staggering debt burden of R120 billion. Which means it was R1 billion per ...

Industry organisation the Citrus Growers' Association of Southern Africa (CGA) welcomes the government authorisation of a R51-billion guarantee facility for State-owned Transnet, and the progress ...