Gordhan appoints Transnet’s new group CEO, CFO
Phillips has been acting GCEO following the resignation of Portia Derby in September last year.
Richards Bay coal exports hit three-decade low
Richards Bay Coal Terminal said it exported 47.21 million tons of coal in 2023, down 6.2%
TFG’s sales growth slows in Christmas quarter
The Foschini Group reports slower sales growth in its third quarter.
Richards Bay train collision due to power outage, network vandalism
Transnet train collision due to power outage and vandalism to the railway network
Transnet working to clear coal export line following train crash
Transnet is working hard to clear the main coal railway line after a train crash.
Load shedding decrease by 61% compare to previous year: Ramaphosa
Load shedding decrease by 61% in November 2023 compare to the previous year.
Transnet attributes losses to higher pay roll among others
On Friday, Transnet reported a R1.6 billion loss in the six months to September the 30th.
DA, GOOD urge private sector partnerships to address SOE woes
The DA and the GOOD Party urges partnerships with the private sector to address SOE woes.
Transnet bail-out lauded by freight association
National Treasury announced that Transnet will receive a R47-billion bail-out.
Transnet to receive R47bn support package from Treasury
National Treasury says Transnet will drawdown an initial amount of R22.8 billion.
Durban Port backlog impacts on Eastern Cape manufacturers
The bottleneck has forced companies to resort to road transportation.
Calls for public, private partnership to resolve SA’s ports crisis
SAAFF says public private partnership is the only viable solution to challenges facing SA.
Ramaphosa blames state capture for delay in tackling Transnet
President Cyril Ramaphosa was addressing the media following a visit to Richards Bay port.
Transnet working on urgent programme to procure necessary equipment
Transnet is working on an urgent programme to procure the necessary equipment.
Government, Transnet sued over rail infrastructure
Umhlathuze Municipality sues government, Transnet over alleged failure to maintain infrastructure.
Despite tax revenue growth, refunds undermine SARS collections
SARS has processed 27 million tax returns using machine learning algorithms.
Private partnerships needed to help struggling SOEs: Gordhan
Pravin Gordhan says private partnerships will help boost some of the SOEs.
Over R200 billion lost to fiscus due to Eskom, Transnet: SARS
SARS Commissioner says Eskom’s inefficiencies and Transnet are costing the fiscus over R200 billion
SIU granted order prohibiting executives from withdrawing pension
SIU has an order prohibiting former Transnet executives from withdrawing their pension funds.
No immediate plans to bail out Transnet: Godongwana
The rail freight company has requested more than a hundred billion rand from Treasury.