Although Transnet has not yet met its own targets, the Medium- Term Budget Policy Statement (MTBPS) notes that progress has been made. In particular, the Treasury said that Transnet's freight rail ...

Transnet has signed a three-year wage agreement with its majorityunion, the United National Transport Union (UNTU), following a protracted negotiation process that required intervention from the ...

South Africa’s state-owned ports and rail company withdrew a request for quotes for an operating lease on a freight-rail artery that connects its biggest port with its industrial hub, because changes ...

It will ensure all the group’s debt redemptions are covered for the next five years and mitigate the risk of credit downgrades on its existing debt, says the Transport Department. Government has ...

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 ...

Transnet is also hoping to secure two grants from the ADB towards its rail recovery and decarbonisation efforts. Credit: Christopher37/Shutterstock.com South Africa ...