South African state-owned logistics firm Transnet ... South Africa’s Minerals Council has said that limited rail capacity cost bulk commodity exporters at least 35 billion rand ($2.08 billion) last ...

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.

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 ...

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 ...

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.

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 ...

Transnet may receive a government guarantee for its borrowing from commercial banks; however, no direct bailout is currently envisaged, according to the Treasury - global rating agency Moody’s ...

Transnet is causing even more problems for the South African mining ... Lobby group Minerals Council South Africa estimated that the strike cost companies about R815 million per day due to daily ...

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.

South Africa’s state-owned logistics firm Transnet will this month begin talks on new medium to long-term contracts and has lifted force majeure on nine coal exporters with which it had reached ...

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

Menar MD Vuslat Bayoglu speaks to Mining Weekly's Martin Creamer. Video: Darlene Creamer. JOHANNESBURG (miningweekly.com) – At the end of the day, South Africa will overcome its rail transport ...