The possibility that Transnet could run out of funds within the next three months may increase pressure on government to step in with additional financial aid.

On rail transport, Ntshabele highlighted recent progress: "The progress made over the past few months in opening the rail ...

The government has approved a R51 billion guarantee facility for embattled Transnet. This guarantee facility is effective ...

Transnet and the United National Transport Union (UNTU ... that workers could legally embark on industrial action. Last month, negotiations between the two parties faltered, prompting the ...

South Africa’s transport and finance ministries have approved a R51 billion guarantee facility to Transnet SOC Ltd., the ...

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 ...

Developing infrastructure, expanding investment and giving professionals crucial skills will boost the sector, to the benefit of all South Africans ...

TRANSPORT Minister Barbara Creecy ... “Moody’s has issued a stark warning that Transnet could deplete its funds within three months unless the government intervenes with a bailout.” ...

As it keeps the Fourth Industrial Revolution (4IR) in mind, Transnet Freight Rail (TFR ... The IHHA conference, to be held in Norway next month, will see the association’s 11 member companies ...

A third-party arbiter proposed a higher wage offer to South Africa’s State-owned ports and rail company and its unions in a ...

The company will be able to access the funds immediately to support its 'capital investment program and to enable it to meet its debt obligations'.