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

Transnet has declared its sixth force majeure in 18 months, this time on the coal ... Transnet is required to transport a minimum contracted tonnage of coal or face financial penalties.

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 ...

The state-owned transport group has seen a ... vandalism and the theft of copper cables. Transnet, whose financial year for 2023/24 ended last month, has unveiled preliminary and unaudited data ...

In addition to this, every single month Transnet is losing about 100km of cable — which means a dwindling number of trains that can transport goods. To overturn this, the company needs to invest ...