Transnet plans $500m bond to boost expansion funds

Transnet plans $500m bond to boost expansion funds

28 Jun 2012 10:45 - Reuters
Logistics group Transnet plans to issue a foreign currency bond of at least $500-million this financial year to help fund its expansion programme.

Transnet reveals mega upgrade

13 Apr 2012 00:00 - Lisa Steyn
Although it has been described as 'conservative', Transnet's mooted infrastructure upgrade will create jobs, increase exports and meet local demands.
Transnet finds R6bn in irregular pipeline spending

Transnet finds R6bn in irregular pipeline spending

16 Mar 2012 00:00 - Lynley Donnelly
State transport utility Transnet has appeared before Parliament's committee on public accounts and revealed irregular spending amounting to billions.

Transnet cautious on public-private deals

28 Jun 2011 07:26 - Agnieszka Flak
Transnet said it was open to working with private companies to accelerate its expansion plan but would be cautious about any deals it signs.

Rail union optimistic about Molefe's appointment

17 Feb 2011 15:46 - Staff Reporter
Transnet's largest trade union said on Wednesday it was "cautiously optimistic" about the appointment Brian Molefe as the parastatal's new CEO.

Masilela appointed PIC chief executive

10 Dec 2010 09:09 - Lynley Donnelly
Cabinet has announced the appointment of Elias Masilela, a senior Sanlam executive as the chief executive of the Public Investment Corporation.

A cracker under Sasol

15 May 2009 06:00 - Lloyd Gedye
With five key divisions of Sasol under investigation by competition authorities in SA and abroad, its senior management is in the firing line.

PIC funding disinvestment?

23 Jul 2008 06:00 - Reg Rumney
The Public Investment Corporation has supplied the money for two of the biggest disinvestments from South Africa since the apartheid era.

Business chief sees positives in power crisis

07 May 2008 17:01 - Staff Reporter
The new head of Business Unity South Africa said on Wednesday he was "quite happy" about the country's electricity crisis, despite the power cuts and disruption, as it will result in needed change. Brian Molefe said the problems were a "blessing" in disguise that would force policy changes and greater reliance on alternative sources of energy.

Opposition slams Johncom takeover bid

05 Nov 2007 14:40 - Staff Reporter
The takeover bid of media company Johncom by Koni Media Holdings -- belonging in part to President Thabo Mbeki's political adviser Titus Mofolo -- was met with strong opposition by the Democratic Alliance and the South African Communist Party on Monday.