Transnet – Page 2 – The Mail & Guardian

/ 1 November 2023

As state debt grows, government eyes Eskom loan amendments

The treasury is looking to enforce strict conditions on the power utility, which is viewed as a major risk to the country’s economic outlook

By Sarah Smit

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

Opinion

/ 20 October 2023

I am an active SOE shareholder – Gordhan

The public enterprises minister responds to coverage about his conduct at state firms

By Pravin Gordhan

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

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By Sarah Smit

Politics

/ 17 October 2023

NEC rejects Gordhan’s SOE presentation

The NEC allegedly suggested that President Cyril Ramaphosa explore giving the electricity minister more powers at Eskom

By Lizeka Tandwa

Politics

/ 13 October 2023

Gordhan’s dangerous board games

The minister’s conduct was called into question during this week’s national working committee meeting, sources said

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By Lizeka Tandwa, Sarah Smit and Mandisa Nyathi

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

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By Sarah Smit

National

/ 12 October 2023

Former Eskom chair Makgoba calls out ‘meddlesome’ Pravin Gordhan

The minister’s leadership style is marred by micro-management and interference, according to industry leaders

By Mandisa Nyathi

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

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

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

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By Lyse Comins

Opinion

/ 27 September 2023

Sovereign wealth fund needs a hero

The fund, announced by President Cyril Ramaphosa in 2020, may have helped protect the fiscus from a long-term debt crisis

By Sarah Smit

National

/ 20 September 2023

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

By Lyse Comins

Politics

/ 19 September 2023

Civil servants implicated in state capture resign to avoid prosecution

The Special Investigation Unit wants to ‘pursue’ those who left to avoid accountability for their actions

By Paddy Harper

Politics

/ 15 September 2023

Lamola insists there is progress in prosecuting state capture cases

Apart from seven cases before court, dozens more are under investigation, the minister told parliament

By Eyaaz Matwadia

Analysis

/ 6 September 2023

Declining new vehicle sales reflect overburdened middle class

In addition to inflation and high interest rates, the real value of salaries declined by 2.9% in 2022 and are set to drop by 0.8% this year

By Lyse Comins

National

/ 5 September 2023

SIU finalising Transnet state capture cases but financial recovery slow

The Special Investigating Unit told parliament that settlement agreements with various companies were in the pipeline

By Emsie Ferreira

Business

/ 1 September 2023

Transnet records R5.7bn loss

Public enterprises minister Pravin Gordhan said the company only achieving 26.3% of its targets was ‘unacceptable’

By Lyse Comins

Thought Leader

/ 28 August 2023

The Fiscal Cliff | State-owned entities: A war zone between political and economic elites

The corporatisation of SOEs has disempowered the South African public and benefited corporate power and private finance

By Andile Zulu

Analysis

/ 3 July 2023

Is South Africa’s agricultural trade surplus beginning to flower?

The widening trade surplus is mainly a result of a notable decline in import value, not necessarily a growth in exports

By Wandile Sihlobo

Thought Leader

/ 9 June 2023

The economy and the myth of the silver bullet

There are no capitalist witches controlling policymakers to keep people poor. Politicians are responsible for a stuck economy

By Songezo Zibi

Business

/ 5 April 2023

Eskom U-turn on energy state of disaster and utility’s exemption

The two interventions have received major blowback with critics accusing the government of undermining public oversight

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By Sarah Smit

National

/ 2 March 2023

NPA must move fast for SA to escape grey list’s grasp

The National Prosecuting Authority is ready to act on state capture crimes but whether it has the ability to do so has been questioned

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By Emsie Ferreira and Sarah Smit

Opinion

/ 24 February 2023

Khaya Koko: Pravin Gordhan is Joshua Doore

Our uncle in the load-shedding business sits on his couch and faces zero accountability

By Khaya Koko

Business

/ 22 February 2023

Workers trapped at Sibanye mine earlier this week due to Eskom power failure

Terrifying example of how the poor functioning of state-owned enterprises – particularly Eskom and Transnet – have negatively impacted the mining sector

By Anathi Madubela

Business

/ 22 February 2023

Godongwana gives SAA another billion rand

The money will go towards clearing the airline’s historic debt and may not be the last downpayment

By Emsie Ferreira

Special Reports

/ 20 February 2023

Achieving success in an industry rife with challenges

Load-shedding and a drastic decline in rail and port capacity have cost mining billions, but there are massive opportunities waiting to be seized

By Special Reports

Business

/ 10 February 2023

Mining companies aren’t buying what the SA govt is selling — yet

Companies are withholding investment – despite the commodity boom’s bounty – in the face of constraints to exports and exploration

By Sarah Smit and Anathi Madubela

Business

/ 7 February 2023

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

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By Sarah Smit

Business

/ 7 February 2023

Ramaphosa vows to fix logistics constraints that have cost the mining sector R51 billion in exports

Ramaphosa calls on the private sector and labour to work with Transnet and the government to fix escalating problems

By Anathi Madubela

Business

/ 7 February 2023

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

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