https://newsletter.en.creamermedia.com
Coal|Financial|Freight|Iron Ore|Logistics|rail|Resources|Services|Transnet|Equipment|Maintenance
Coal|Financial|Freight|Iron Ore|Logistics|rail|Resources|Services|Transnet|Equipment|Maintenance
coal|financial|freight|iron-ore|logistics|rail|resources|services|transnet|equipment|maintenance

Transnet reports smaller full-year loss

5th September 2025

By: Reuters

  

Font size: - +

State-owned logistics group Transnet on Friday reported a smaller loss of R1.9-billion in the financial year to the end of March, down from a R7.3-billion loss in the previous year.

The debt-saddled company has struggled to provide adequate freight rail and port services for years due to equipment shortages and maintenance backlogs.

Transnet's chronic underperformance has stifled exports of key commodities such as coal and iron ore, costing mineral exporters billions of rand in lost revenue, with Kumba Iron Ore and thermal coal exporter Thungela Resources forced to curtail production.

The logistics firm said its revenue rose 7.8% to R82.7-billion in its 2024/25 financial year, thanks to tariff increases and higher rail volumes.

Net operating expenses decreased 4.9% to R52.1-billion, helped by a decline in third-party claims.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

AQS Liquid Transfer
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Sun City Hotel gets major revamp
Sun City Hotel gets major revamp
5th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.157 0.736s - 166pq - 2rq
Subscribe Now