National Treasury said Transnet’s fiscal position remains a major challenge with rising debt levels and insufficient cash.
State-owned transport and logistics entity Transnet has received a total of R16.1 billion in the Budget to improve the condition of its network. The allocations for four projects were approved after ...
Transnet employee Ndzudzeni Ratshilumela has landed in hot water after the company launched an investigation into social media posts where he allegedly appeared to mock people with disabilities.
Musa Mbundwini, a welder dismissed by Transnet for dishonesty and fraud, has spent eight years defaming the company ...
Musa Mbundwini, dismissed from Transnet for fraud, faces a suspended sentence for repeatedly posting defamatory videos about the company, defying multiple court orders.
The current recovery process at Transnet must be seen as a transition period, with the rail and port entity’s long-term goal being to reach a state of reliability and sustainability, says Transnet ...
I signed one of the agreements the other day, so we will see these private operators also making use of the network. We’re hoping that as a country, we can get to 250 million tonnes by 2030,’ says ...
The possibility that Transnet could run out of funds within the next three months may increase pressure on government to step in with additional financial aid. Moody’s Ratings has warned that the ...
Sign up for The Morning Report with all your must-read news for the day. Interstate 805 traffic / Photo by Megan Wood Regional planners outlining the future of ...
The tender is expected to establish a special purpose vehicle, where Transnet Port Terminals will have a 51% stake and the private partner will have the minority stake.
State-owned freight logistics group Transnet has initiated the first stage of a process to select a private partner for the Richards Bay Dry Bulk Terminal (RBDBT), a key export terminal in ...
Untu said that if no revised offer is forthcoming, it will serve Transnet with a 48-hour notice of industrial action. The United National Transport Union (Untu) is all ears for a revised offer from ...