South Africa's government will give Transnet an additional 94.8 billion rand ($5.34 billion) guarantee facility to support the ailing state-owned logistics firm's recovery plan, the transport ministry ...

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.

A visit to the Port of Cape Town reveals the complex reality behind Transnet’s recovery efforts, and why the state’s massive financial intervention might just be the lifeline the South African economy ...

KUMBA Iron ore said on Tuesday it had received R942m in ‘take-or-pay’ penalties following “lengthy” negotiations with ...

State-owned freight logistics group Transnet insists that it has made “considerable progress” in implementing reforms in line ...

The decision by ratings agency S&P Global to downgrade State-owned enterprise (SOE) Transnet’s credit rating was ...

Wage talks between state-owned South African port and rail operator Transnet SOC Ltd. and its biggest labor group have deadlocked, as the company signed a three-year agreement with a smaller union.

Transnet’s move to break its monopoly on South Africa ‘s freight rail transport and revitalise its struggling network has already attracted strong market interest, says Moshe Motlohi, acting CEO of ...

Transnet Freight is about to seek bids for private operation of some South African freight rail lines as it seeks to improve efficiency and track security, executives tell The Africa Report. The lines ...

South Africa's government will give Transnet an additional 94.8 billion rand ($5.34 billion) guarantee facility to support the ailing state-owned logistics firm's recovery plan, the transport ministry ...

The transport ministry announced on Thursday that the South African government had agreed to provide a 51 billion rand ($2.8billion) guarantee facility for Transnet, a state-owned logistics ...