A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt... 

Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA... 

Trade union the National Union of Mineworkers' (NUM's) Highveld Region is planning to march to the offices of the Presidency and the Department of Public Enterprises on December 9 to demand an... 

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 

Representative organisation the Road Freight Association (RFA) emphasises that the deterioration of South Africa’s ports and rail has been a slow, continued process over at least ten years, and... 

Tanzania is seeking $5.6-billion for a new railway in the south linking the Indian Ocean to Lake Nyasa and traversing regions rich in iron-ore, coal and graphite. The East African nation is looking... 

Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and... 

State-owned passenger rail company the Passenger Rail Agency of South Africa (PRASA) has dismissed an employee for the alleged theft of R34.5-million. PRASA detected irregular payments during... 

Creamer Media editor Terence Creamer discusses the lagging procurement of new electricity generation and addition of crucial grid infrastructure, as well as the dire situation at Transnet's ports... 

Richards Bay Transnet Port Terminals (RCB TPT) says it “may” suspend the processing of trucks bringing cargo into its terminals by road. Only trucks whose vessels have been already nominated shall... 

Transnet has, so far, replaced about 55% of the copper cables across its national railway network with an aluminium conductor steel reinforced (ACSR) cable called Tiger Wire, Transnet Freight Rail... 

Precast concrete manufacturer Colossal Concrete Products reopened its De Aar manufacturing plant, in the Northern Cape, in September following the conclusion of a one-year contract with State-owned... 

Moody’s Investors Service has placed Transnet on review for a potential credit ratings downgrade due to concerns over liquidity and refinancing risks for the struggling state-owned freight, port... 

Africa's business sector and governments must push harder in addressing the challenges facing the continent, as the biggest threat to its development is complacency, said insurance and investment... 

Transnet rolled over R7-billion of debt due this week until March, giving the South African State-owned port and rail company relief for four months. The bonds, which were due November 6, were... 

The Department of Transport is undertaking a two-part consultation programme on the Roadmap for the Freight Logistics System in South Africa ahead of Cabinet approval, which is unlikely before... 

The Gauteng executive council has approved the procurement of a new delivery partner for the Gautrain system, meaning that the Gautrain Management Agency (GMA) has been granted the approval to go... 

Transnet has confirmed the establishment of an interim rail Infrastructure Manager, which will oversee the initial process of ensuring that the rail network is opened to private train operating... 

Finance Minister Enoch Godongwana has not “closed the door” on Transnet’s move to secure a reported R100-billion in balance-sheet support to assist with its recently released turnaround plan.... 

Following the signing of a seven-sided memorandum of understanding (MoU) between two financial institutions and the governments of the US, the European Union, Angola, the Democratic Republic of... 

Engineering News editor Terence Creamer discusses the background to Transnet's proposed recovery plan; some of the key components of this plan; and if Transnet is likely to get the support it is... 

The Ctrack Transport and Freight Index (CTFI) retreated further during August, to an index level of 118.8, the lowest since February, when it was at 116.7.  This represents a 1.5% decrease. It is... 

State-owned freight logistics group Transnet has confirmed that an open and transparent framework for granting private train operating companies’ third-party access to the South African railway... 

Absent an equity injection or debt relief from government, Transnet chairperson Andile Sangqu says the State-owned entity will not be able to deliver on what he described as a “credible” recovery... 

While South Africa’s railway sector works to rebuild post-pandemic, riots and a variety of disasters, the latest Railway Safety Regulator’s (RSR’s) State of Safety Report 2022/23 has painted a... 

Transnet is seeking more than R100-billion from the Treasury over the next two years, according to the turnaround plan produced by the board.  The R100-billion includes a request that the Treasury... 

Futuregrowth Asset Management, a South African money manager overseeing more than R190-billion of fixed-income assets, says the government’s draft legislation meant to address inefficiencies at... 

Transnet Freight Rail (TFR) and Traxtion Sheltam report that they have agreed to terminate the conditional 2022 award of slots to Traxtion Sheltam between Kroonstad and East London on the Cape... 

In the latest in a slew of resignations, Transnet’s managing executive for the critical export coal line, Ali Motala, is leaving the embattled State-owned company. Several high-placed sources have... 

Competition is important to create efficiencies in the logistics and transport network, but collaboration is similarly necessary to ensure that all the public and private sector role-players can... 

President Cyril Ramaphosa reiterated that his administration wasn’t moving to privatize state-owned companies as the government initiates reforms to clean up their balance sheets and revive their... 

South Africa’s embattled State-owned freight-rail and ports company identified areas that require immediate state support in a turnaround plan that is being submitted to the government. Transnet's...