Capital expenditure by major state-owned companies has been projected to reach R381.9-billion over the next three years, says the national treasury.
Transnet mulls construction an export facility claiming the Richards Bay Coal Terminal's shareholders limit access for small black-owned producers.
Fitch has lifted Transnet's long-term foreign-currency rating two levels to BBB, its second-lowest investment-grade level, with a stable outlook.
Africa’s largest media company has purportedly discussed a bond sale of $500-million to $1-billion for a seven to 10-year term with investors.
But private investors and the government face a number of hurdles before the project gets going.
Legal documents were served on Transnet and two of its funds regarding a class action suit over pension funds, Geyser and Coetzee Attorneys said.
A group of 66 000 pensioners have instituted a civil claim to recover about R79-billion they claim Transnet plundered from their pension funds.
Everyone's talking about the "New Age" business breakfasts and if it's alright for parastatals to fund it. What's the real problem with this deal?
Like many other state endeavours, the costs of Transnet's latest fuel project have kept on soaring, writes Lynley Donnelly.
Transnet has reported an 11% increase in revenue to R24.9-billion, due to increased rail volumes.
The Labour Court is due to rule on Friday morning whether 42000 Satawu members at two Transnet divisions may legally go on strike next week.
The South Durban basin could become a construction site for the next 40 years if all the city's plans to expand the existing port are adopted.
Parliamentarian Natasha Michael says the Democratic Alliance has asked public protector Thuli Madonsela to investigate two Transnet pension funds.
Transport and logistics parastatal Transnet has released impressive annual results, prompting optimistic media headlines.
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 will face an increased demand for coal delivery from Eskom of up to 30-million tons by 2019 to supply its power plants.
Brian Molefe says Transnet's R300-billion expansion programme will put 220 000 jobs into the economy, not well over 500 000 as reported.
Although it has been described as 'conservative', Transnet's mooted infrastructure upgrade will create jobs, increase exports and meet local demands.