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Search: Transnet

Treasury grants Transnet R47 billion support package
National
/ 1 December 2023

Treasury grants Transnet R47 billion support package

R22.8 billion will be used to tackle urgent liquidity matters, such as settling maturity debt

By Sarah Smit
Transnet unveils ‘immediate interventions’ to clear Durban Port backlog
National
/ 21 November 2023

Transnet unveils ‘immediate interventions’ to clear Durban Port backlog

Recently, there were 63 vessels at anchorage, of which 20 were awaiting a berth at the container terminal

By Lyse Comins
Transnet has been decimated
Thought Leader
/ 7 November 2023

Transnet has been decimated

State-owned enterprises under the leadership of the ANC have descended into a state of chaos

By Omphile Maotwe
Transnet bailout still a possibility but treasury wants to see progress first
Business
/ 1 November 2023

Transnet bailout still a possibility but treasury wants to see progress first

Finance Minister Enoch Godongwana said he would resist the temptation to respond to the entity’s call for a cash injection through the media

By Sarah Smit
Transnet seeks government financial support, but mum on details
Business
/ 24 October 2023

Transnet seeks government financial support, but mum on details

The state-owned logistics entity, plagued by R130 billion in debt and neglected infrastructure, has presented a turnaround plan to claw its way back to profitability

By Lyse Comins
Transnet and the state’s new spin on privatisation
Business
/ 17 October 2023

Transnet and the state’s new spin on privatisation

The government’s draft plan for the beleaguered port and rail operator advances the ideal of an entrepreneurial state

By Sarah Smit
Transnet’s privatisation plans
Business
/ 12 October 2023

Transnet’s privatisation plans

The 124-page Roadmap for the Freight Logistics System in South Africa sets out the path for expanded private investment in the country’s rail network

By Sarah Smit
Transnet Freight Rail chief Siza Mzimela calls it quits
Business
/ 5 October 2023

Transnet Freight Rail chief Siza Mzimela calls it quits

Her resignation comes on the heels of that of group CEO Portia Derby and pressure from the board after the group’s R5.7 billion loss in the past financial year

By Lyse Comins
‘Significant progress’ during my Transnet tenure, says Portia Derby
National
/ 30 September 2023

‘Significant progress’ during my Transnet tenure, says Portia Derby

Derby exits amid scathing reviews from organised business and, more recently, labour

By Lesego Chepape
Transnet calls on union to assist with graft claims probe
Business
/ 28 September 2023

Transnet calls on union to assist with graft claims probe

The South African Transport and Allied Workers Union has made allegations of procurement and recruitment irregularities at the state-owned entity

By Lyse Comins
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