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Transnet gets served with pension application

Transnet gets served with pension application

08 May 2013 17:01 - Sapa
Legal documents were served on Transnet and two of its funds regarding a class action suit over pension funds, Geyser and Coetzee Attorneys said.
Transnet faces pension claim of billions

Transnet faces pension claim of billions

28 Apr 2013 11:46 - Sapa
A group of 66 000 pensioners have instituted a civil claim to recover about R79-billion they claim Transnet plundered from their pension funds.
What's the fuss over the sweet deal for the 'New Age'?

What's the fuss over the sweet deal for the 'New Age'?

23 Jan 2013 00:00 - Faranaaz Parker
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?
Transnet: More expenses in the pipeline

Transnet: More expenses in the pipeline

07 Dec 2012 13:56 - Lynley Donnelly
Like many other state endeavours, the costs of Transnet's latest fuel project have kept on soaring, writes Lynley Donnelly.
Transnet revenue shows 11% increase

Transnet revenue shows 11% increase

31 Oct 2012 16:02 - Penwell Dlamini
Transnet has reported an 11% increase in revenue to R24.9-billion, due to increased rail volumes.
Transnet strike hangs in balance

Transnet strike hangs in balance

12 Oct 2012 00:00 - Phillip De Wet
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.
Durban port expansion: Drastic makeover for shipping

Durban port expansion: Drastic makeover for shipping

28 Sep 2012 00:00 - Lloyd Gedye
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.
DA wants Transnet pension funds investigation

DA wants Transnet pension funds investigation

24 Jul 2012 17:11 - Sapa
Parliamentarian Natasha Michael says the Democratic Alliance has asked public protector Thuli Madonsela to investigate two Transnet pension funds.
Transnet's finances steam ahead

Transnet's finances steam ahead

13 Jul 2012 12:29 - Lisa Steyn
Transport and logistics parastatal Transnet has released impressive annual results, prompting optimistic media headlines.
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: Eskom hungry for coal

Transnet: Eskom hungry for coal

29 May 2012 16:30 - Sapa
Transnet will face an increased demand for coal delivery from Eskom of up to 30-million tons by 2019 to supply its power plants.
Transnet tones down jobs forecast

Transnet tones down jobs forecast

29 May 2012 15:19 - Sapa
Brian Molefe says Transnet's R300-billion expansion programme will put 220 000 jobs into the economy, not well over 500 000 as reported.

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.
Rail boost 'to create 588 000 new jobs in seven years'

Rail boost 'to create 588 000 new jobs in seven years'

10 Apr 2012 11:06 - Staff Reporter
Transnet says it will create 588 000 new jobs in seven years by spending R300-billion on shifting SA's freight focus from roads to rail.
Transnet to boost coal, iron ore rail capacity

Transnet to boost coal, iron ore rail capacity

10 Apr 2012 10:31 - Tiisetso Motsoeneng
Plans to increase Transnet's capacity to haul iron ore from mines to ports by 56% over the next seven years are in the works, says CEO Brian Molefe.
'White elephant' port favoured for manganese exports

'White elephant' port favoured for manganese exports

23 Mar 2012 00:00 - Lynley Donnelly
South African government appears adamant that it wants the port of Ngqura to be the export point for manganese despite criticism from some quarters.
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.
Further fuel hikes for inland motorists announced

Further fuel hikes for inland motorists announced

15 Mar 2012 14:55 - Lisa Steyn
Inland motorists can expect a fuel hike of 32 cents on April 4, following further increases in petroleum pipeline tariffs.

Catching a ride on the minerals train

09 Mar 2012 00:00 - Sharda Naidoo
The ruling party has motioned that Transnet help mining houses by upgrading or building rail infrastructure, which is a cheaper form of transport.

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