South Africa’s government approved 94.8 billion rand ($5.3 billion) in guarantees to further support the beleaguered state-owned rail and port operator Transnet SOC Ltd. The allocation includes 48.6 ...

Aug 20 (Reuters) - South Africa's Transnet is seeking debt relief from the government as it seeks to repair its balance sheet and restore freight rail and port capacity, the state-owned logistics firm ...

The agreement marks the biggest attempt yet to bring in private expertise to revive state-owned ports, which rank among the ...

(Bloomberg) -- The Development Bank of Southern Africa is working with Transnet SOC Ltd. to help the embattled South African state ports and freight-rail operator prepare projects for private ...

South African port and logistics firm Transnet SOC Ltd. signed a concession agreement with a company headed by Filipino ...

IT IS HOPED that the R51 billion bailout for Transnet, announced by the Minister of Transport last week, will help revitalise the country's rail and port facilities and secure South Africa's ...

CAPE TOWN, Feb 6 (Reuters) - South African state-owned rail and port operator Transnet has told the government it needs more time and cannot meet deadlines beginning next month in a roadmap to address ...

JOHANNESBURG, Dec 1 (Reuters) - 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 ...

JOHANNESBURG, Dec 1 (Reuters) - South Africa handed Transnet a 47 billion rand ($2.5 billion) lifeline on Friday, which it said would help the state-owned rail and ports firm meet its immediate debt ...

Transnet and global terminal operator ICTSI have signed a 25-year partnership to upgrade and operate Durban Container ...

“When it comes to freight and logistics, Transnet is not the big brother of the continent – that is not the role we want to assume,” says Kani, the chief business development officer at the company, ...