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 Minister of Transport, Barbara Creecy, has this week approved a R51 billion guarantee facility for Transnet, with the concurrence of the Minister of Finance.

South Africa: Minister Enoch Godongwana on R47 Billion Guarantee Facility for Transnet in Support of Its Recovery Plan Rodger Bosch/MediaClubSA Container ships in Cape Town harbour (file photo).

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 ...

south africa africa policy logistics infrastructure economy PHOTO The South African citrus industry has welcomed the government’s recent approval of a R51bn guarantee facility for Transnet, viewing it ...

“The financial support package provided for the entity is a R47 billion guarantee facility against which Transnet will drawdown an initial amount of R22.8 billion to deal with immediate ...

The South African Association of Freight Forwarders (SAAFF) says the R47-billion facility guarantee extended to Transnet, as announced by the government on December 1, is welcome as it may indeed ...

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

In March, the Export-Import Bank of the United States provided a financial guarantee of R6bn for 293 of the locomotives being built by GE at a plant in Pretoria, South Africa’s capital. Before leaving ...

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

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”.