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The locomotives are being tested with success in both the PRASA and Transnet network to fulfil the 3000 fault free kilometers. The new locomotives have been running in the Eastern Cape, Bloemfontein, ...
The policy of cadre deployment was formally adopted by the ANC at their 1997 Mafikeng Conference ... the destruction of Eskom, SAA, the SABC, Transnet and our other SOEs, our unsustainable national ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000 km of branch lines, to private participants ...
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 ...
Their strategic insight, deal execution, and personal service are simply world-class," said Shabana Sameer, Head of Strategic Initiatives at Transnet. ️With this transaction, Transnet will ...
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.
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