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

We received no other response to the messages we posted on the chat service than the login prompt. Transnet downplayed ... is flagged and they get into the organisation and use their ...

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 ministry said on Thursday. Transnet has ...

South Africa’s transport ministry with the concurrence of the minister of finance agreed to provide a 51 billion-rand ($2.8 billion) guarantee facility to Transnet SOC Ltd., the nation’s beleaguered ...

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 ...

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 ...

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 ...

Delegates walk past the Transnet logo at the Investing in African Mining Indaba 2024 conference in Cape Town, South Africa February 7, 2024. REUTERS/Esa Alexander/File Photo March 27 (Reuters ...

Sept 1 (Reuters) - South Africa's state-owned logistics company Transnet slumped to an annual loss of 5.7 billion rand ($304 million) in its last financial year, it said on Friday, citing ...

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.

Minerals Council chief executive Roger Baxter underlined that the mining industry employer organisation is encouraged by discussions with the Transnet board. “And we are hoping that they will ...