Portia Derby
latest news & developmentsMining industry sees light at end of the tunnel
The industry has struggled in the face of energy and logistics constraints, but signs of progress have stirred cautious optimism
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
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
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
‘Significant progress’ during my Transnet tenure, says Portia Derby
Derby exits amid scathing reviews from organised business and, more recently, labour
Transnet board going nowhere, Gordhan tells Durban business chamber
eThekwini businesses have urged the minister to fire executive members of the board, saying they are responsible for service delivery failures at the port
Transnet and mine companies have ‘a brilliant working relationship’, says Portia Derby
Chief executive has recently come to blows with the Minerals Council South Africa, which called for her axing in a leaked letter
Coal miners knuckle down to find solutions to Transnet failings
According to the Minerals Council, logistical constraints induced by the railway’s setbacks have cost mining industry R51 billion in exports
Minerals Council ‘encouraged’ by talks with Transnet after leaked letter
Logistical constraints caused production to fall 6% in 2022, according to the mining industry employer organisation
Ports authority puts feelers out for Transnet private investors
The expansion of the Port of Durban will cost approximately R100-billion over 10 years
Durban business raided as Transnet contracts face scrutiny
Contractors allegedly paid Transnet officials for lucrative procurement deals