South Africa’s state-owned freight company Transnet is asking lenders to relax financial tests on loans as it prepares to ...

South Africa’s transport and finance ministries have approved a 51 billion-rand ($2.8 billion) guarantee facility to Transnet SOC Ltd., the nation’s struggling rail and ports operator. The facility is ...

Briefing Parliament’s Standing Committee on Public Accounts (Scopa) on Tuesday, Transnet CEO Michelle Phillips confirmed that the entity had taken steps to remove the R42.9bn from its books, arguing ...

Transnet is a state-owned freight, rail, port, and pipeline logistics company in South Africa. The North Gauteng High Court has dismissed an urgent application by Transnet to compel IT services ...

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 ...

Transnet, the state-owned South African logistics group, reported a loss of 7.3 billion Rand ($408,72 million) for the year ending March 2024. This is up from a loss of 5.1 billion Rand a year before.

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 ...

Wage talks between state-owned South African port and rail operator Transnet SOC Ltd. and its biggest labor group have deadlocked, as the company signed a three-year agreement with a smaller union.