Inflation figures came in higher than expected as businesses — and consumers — face a potential spate of government-controlled price increases.
A unit of state-owned freight company Transnet has opened a line to transport magnetite for export after disruptions caused by damage to a bridge.
The R117m Kei Rail project, meant to create jobs, provide affordable transport and boost the E Cape economy, is running again, but not at full steam.
Transnet and Eskom bonds are now more highly rated than US government bonds, according to the latest ratings by Fitch and Moody’s Investments.
Telkom says it has appointed former Absa group financial director Jacques Schindehutte as its new chief financial officer and director.
Transnet said it was open to working with private companies to accelerate its expansion plan but would be cautious about any deals it signs.
Freight group Transnet reported a rise in profit on Monday and said it would spend R110.6-billion on capital investments in the next five years.
The Public Enterprises Ministry has blamed the media for government’s failure to consult leaders of state-owned enterprises before dismissing them.
The South African Chamber of Mines has expressed surprise at the government’s decision to appoint Zola Tsotsi as new chairperson of Eskom.
The government has denied that this week’s purge of the boards of Eskom and Denel reflects a lack of confidence in their ability.
A 2009 report shows collisions climbed sharply, compelling more stringent safety standards.
SA wants to grow Transnet’s freight locomotive fleet, and is working on an "ambitious fleet renewal strategy", says the minister of public enterprises
Transnet’s track record for public and employee fatalities is once again under the spotlight.
Protesting Johannesburg train commuters on Wednesday called for the reinstatement of Transnet as an operator.
South Africa’s energy regulator on Thursday granted freight logistics firm Transnet a 59,9% increase in fuel pipeline tariffs.
The circumstances surrounding the reinstatement of Transnet executive Siyabonga Gama suggest a political solution to overcome sidelining.
The process surrounding top parastatal jobs fails scrutiny. We unpack the Transnet appointments.
Siyabonga Gama has been reinstated to the executive committee of Transnet following a review of his dismissal for certain breaches of governance.
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/ 21 February 2011
Public Enterprises Minister Malusi Gigaba has unveiled the latest locomotive to enter service with Transnet as part of its capitalisation scheme.
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/ 17 February 2011
Unions were "disappointed" that they had been left out of the process to select a CEO for state transport and logistics giant Transnet.
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/ 17 February 2011
Transnet’s largest trade union said on Wednesday it was "cautiously optimistic" about the appointment Brian Molefe as the parastatal’s new CEO.
Former Public Investment Corporation CEO Brian Molefe will take over as Transnet’s new boss.
Transnet National Port Authority has been rapped on the knuckles for being expensive and inefficient.
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/ 30 December 2010
Transnet said on Thursday it would reopen on Friday rail lines leading to the export terminal at Richards Bay after a derailment earlier this week.
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/ 8 December 2010
Transnet’s 550km-long pipeline to move fuel from refineries in Durban to Gauteng is expected to cost R23,4-billion.
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/ 8 November 2010
New Public Enterprises Minister Malusi Gigaba has a lot to pick up, that his ousted predecessor was forced to drop.
Public enterprises minister calls for robust leadership of parastatals.
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/ 19 October 2010
South Africa’s rail network will need private investment to run smoothly, Transport Minister Sibusiso Ndebele said on Monday.
Peter Harris, co-founder and managing director of the Resolve Group, responds to an article by the <i>M&G</i> regarding his company.
The dismissal of Transnet Freight Rail [TFR] chief executive Siyabonga Gama this week has raised the ire of some executives in the company.
Transnet has wasted no time after firing freight boss Siyabonga Gama in identifying candidates for the parastatal’s top job.
Transnet is planning to streamline its operations and reduce the number of executives in all its divisions, the <i>M&G</i> has established.