South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) ...

Transnet, which is pivotal to the country’s freight rail and port systems, has been grappling with substantial operational ...

South Africa’s transport ministry with the concurrence of the minister of finance agreed to provide a 51 billion-rand ($2.8 ...

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.

The company will be able to access the funds immediately to support its 'capital investment program and to enable it to meet ...

Transport Minister Barbara Creecy has approved a R51 billion guarantee facility for Transnet, aimed at supporting its capital ...

South Africa’s transport and finance ministries have approved a R51 billion guarantee facility to Transnet SOC Ltd., the ...

MINISTERS have greenlit a fresh R51bn guarantee package for embattled state logistics company Transnet, said BusinessLive on ...

Transnet’s profits declined from R5 billion in 2019 to a net loss of R5.7 billion in 2023, and in 2024, it carried a ...

The possibility that Transnet could run out of funds within the next three months may increase pressure on government to step ...

Lawyers say the 1965 act stalls enforcement, clogs up high courts, and gives parties more leeway to fight arbitration ...

South Africa’s state-owned transport and logistics company, Transnet SOC Ltd., will run out of money for operations and ...