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South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) ...
South Africa’s transport ministry with the concurrence of the minister of finance agreed to provide a 51 billion-rand ($2.8 ...
Transnet, which is pivotal to the country’s freight rail and port systems, has been grappling with substantial operational ...
The company will be able to access the funds immediately to support its 'capital investment program and to enable it to meet ...
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AllAfrica on MSNSouth Africa: Government Approves R51 Billion Guarantee Facility for TransnetThe 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 government has approved a R51 billion guarantee facility for embattled Transnet. This guarantee facility is effective ...
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 ...
In line with existing Guarantee Framework Conditions, Transnet says it has made significant ... recover and fulfil its strategic role in the South African economy,” it says.
South Africa’s state-owned transport and logistics company, Transnet SOC Ltd., will run out of money for operations and ...
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