Nov 25 (Reuters) - South Africa's state logistics company Transnet on Friday said it had lifted a force majeure declaration on its coal line, after restoring the main export route for the commodity ...

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Transnet is an Eskom in the making. Its infrastructure is failing, revenue and volumes are falling, and its substantial debt will soon have to rise further. Dozens of skilled people have left the ...

The Supreme Court of Appeal dismissed Transnet's application to set aside a R34 million security fencing tender. Transnet argued that the installed fence did not match the specifications of a sample ...

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 ...

New Transnet CEO, Michelle Phillips, is confident that the state-owned enterprise will meet its recovery plan targets although it is spending R1 billion per month to service its debts. Transnet’s ...

Transnet has started the process of partnering with private sector companies that are set to use the state-owned transport group’s vast rail network across South Africa to operate trains independently ...

Transnet has a consolidated debt of over R14 million from multiple properties that are owned by the company throughout the city. Several Transnet-owned buildings in Ekurhuleni are already in the dark ...

Transnet’s efforts to get private sector players to run its crucial railway lines have bombed further, with the state-owned transport group cancelling a contract awarded to one of only two companies ...

The SA Transport and Allied Workers Union (Satawu) is planning a national protest next week Friday against the impending partial privatisation of Transnet. In July, Transnet announced the Philippine ...

The North Gauteng High Court has dismissed an urgent application by Transnet to compel IT services provider Gijima to complete critical data migration and disengagement services after the end of a ...

Crisis-hit state ports and logistics monopoly Transnet will get a bail-out, with National Treasury confirming that it has issued the group with “a support package of R47 billion to support a recovery ...