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The mining industry has the potential to grow if there is more investment in exploration projects. (Michele Spatari/Bloomberg via Getty Images)

Mining 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

In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

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 faced intense scrutiny in Parliament as MPs raised concerns about rising debt, weak governance and persistent audit failures in spite of signs of recovery

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 executive Siza Mzimela has resigned

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

Portia Joy Derby, chief executive officer of Transnet SOC Ltd., at the Africa CEO Forum in Abidjan, Ivory Coast, on Tuesday, June 14, 2022. Photo: Andrew Caballero-Reynolds/Bloomberg via Getty Images

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

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

Public Enterprises Minister Pravin Gordhan. (Waldo Swiegers/Getty Images)

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

Portia Joy Derby, chief executive officer of Transnet SOC Ltd., at the Africa CEO Forum in Abidjan, Ivory Coast, on Tuesday, June 14, 2022. Photo: Andrew Caballero-Reynolds/Bloomberg via Getty Images

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

Transnet is falling well below its target of shifting 200 million to 220 million tonnes of freight a year, at which point — it is estimated — it will begin to make a meaningful contribution to the economy. Its current target is 170 million tonnes a year. Photo: (Karel Prinsloo/Bloomberg)

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

In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

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

The expansion of the Port of Durban will cost approximately R100-billion over 10 years/ (Photo by RAJESH JANTILAL/AFP via Getty Images)

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