South Africa’s state-owned freight company Transnet is asking lenders to relax financial tests on loans as it prepares to roll over $200 million-plus in debt in planned refinancing this year, it told ...
The Gauteng High Court has ruled that a clause in a Transnet auditing contract giving one firm exclusive rights to the work was unconstitutional because it effectively granted a monopoly over state ...
Exciting plans are underway at the Port of Cape Town as FFS Tank Terminals steps in to refurbish a key liquid bulk terminal.
South Africa’s transport and finance ministries have approved a 51 billion-rand ($2.8 billion) guarantee facility to Transnet SOC Ltd., the nation’s struggling rail and ports operator. The facility is ...
A Lesotho national has been sentenced to 10 years in prison for cutting railway cables, a crime that threatens essential ...
South African state-owned logistics firm Transnet said on Monday it had agreed a three-year wage deal with the union representing the majority of its workers, ending a two-week strike that had hit ...
State-owned freight and logistics company, Transnet, is facing mounting financial and operational pressures, with rising debt, missed volume targets and a growing maintenance backlog casting doubt ...
Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- South Africa’s state port and rail company, Transnet SOC Ltd., lifted a force majeure on its main coal export line ...