Transnet faces a potential liquidity crisis as Moody's warns of unsustainable capital structure and exhausted government guarantees. With a turnaround strategy in progress, the state-owned entity ...

South Africa’s state-owned rail and ports operator reported a wider first-half loss as failing infrastructure and security issues continue to hamper progress in turning the business around ...

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 African state-owned logistics firm Transnet has issued a veiled threat to coal exporters ... used by coal and iron ore miners to transport their minerals to port. South Africa’s Minerals Council ...

Aug 20 (Reuters) - South Africa's Transnet is ... the debt service costs," he said. Transnet's freight volumes have declined to 152 million metric tons in financial year 2023/24 from 226 million ...

South Africa's economic fortunes have turned for the worse, with Eskom blackouts surpassing those of 2022, trains and ports operated by Transnet continuing to be unreliable and commodity prices ...

Exporters, including South Africa’s miners, say they have lost millions of dollars as a result with knock-on effects for the economy, but Transnet said trying to rush solutions would not help.

The 20,000km of railway that criss-cross South Africa once symbolised ... missed export opportunities. Transnet’s board was replaced in July, and its chief financial officer has also quit.

JOHANNESBURG (miningweekly.com) – South Africa has ... are having with Transnet to try and resolve rail constraints. “Transnet has not been able to solve its problems resulting in huge ...

South Africa’s state-owned logistics company Transnet SOC Ltd. plans to shrink ... that have arisen due to it being a monopoly. The problems have impacted the main line that takes coal from ...

Exporters, including South Africa's miners, say they have lost millions of dollars as a result with knock-on effects for the economy, but Transnet said trying to rush solutions would not help.