Last December, South Africa's government said it had handed Transnet a 47 billion rand guarantee facility to help the company meet "immediate liquidity matters such as settling maturity debt".

S&P Global Ratings forecast freight rail and ports operator Transnet will burn cash for the next three years, according to a ...

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 ...

Transnet's recent R51 billion bailout from the South African government aims to address its substantial debt and enhance infrastructure investment, with experts weighing in on its potential impact ...

South Africa's National Treasury said on Friday it has issued state-owned rail and ports firm Transnet a support package of 47 billion rand ($2.5 billion) to help with a recovery plan, which ...

The stabilisation of the logistics sector as reflected in the latest reading of the Ctrack TFI is indeed welcomed ...

The Minerals Council South Africa is concerned that the tax will not support the preservation of the ferrochrome industry and ...

South Africa’s state-owned rail operator Transnet SOC Ltd. is putting plans in place to enable it to continue operations on Monday when the third biggest political party leads a national protest ...

South Africa’s troubled national logistics and freight company Transnet has received a boost in its business recovery plan after securing a $1bn loan from the African Development Bank Group (ADB) to ...

South Africa's state-owned logistics firm Transnet on Friday reported a 1.6 billion rand ($87 million) loss in the six months to Sept. 30 on the back of declining rail, port and pipeline volumes ...

South Africa’s Transport Minister Barbara Creecy has set a volume target of 250Mt for Transnet’s rail network by 2030. The last time volumes exceeded the 200Mt mark was in 2017. Creecy’s target seems ...

South Africa’s state-owned rail network operator, Transnet SOC Ltd., has hired five private security companies in an effort to reduce chronic theft and vandalism of trains that disrupt its ...