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 ...

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 ...

“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.

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 ...

while positioning the organisation for future growth, thereby ensuring job security for current and future generations of South Africans. Fixed labour makes up roughly two-thirds of Transnet’s ...

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 ...

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 ...