Nov 25 (Reuters) - South Africa's state logistics company Transnet on Friday said it had lifted a force majeure declaration on its coal line, after restoring the main export route for the commodity ...

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Although Transnet has not yet met its own targets, the Medium- Term Budget Policy Statement (MTBPS) notes that progress has been made. In particular, the Treasury said that Transnet's freight rail ...

Transnet has a consolidated debt of over R14 million from multiple properties that are owned by the company throughout the city. Several Transnet-owned buildings in Ekurhuleni are already in the dark ...

Transnet is an Eskom in the making. Its infrastructure is failing, revenue and volumes are falling, and its substantial debt will soon have to rise further. Dozens of skilled people have left the ...

Transnet has started the process of partnering with private sector companies that are set to use the state-owned transport group’s vast rail network across South Africa to operate trains independently ...

New Transnet CEO, Michelle Phillips, is confident that the state-owned enterprise will meet its recovery plan targets although it is spending R1 billion per month to service its debts. Transnet’s ...

Transnet’s efforts to get private sector players to run its crucial railway lines have bombed further, with the state-owned transport group cancelling a contract awarded to one of only two companies ...

Industry scepticism looms over Transnet's latest financial infusion as doubts persist about the beleaguered state entity's ability to navigate its troubles successfully. The Road Freight Association ...

The North Gauteng High Court has dismissed an urgent application by Transnet to compel IT services provider Gijima to complete critical data migration and disengagement services after the end of a ...

Crisis-hit state ports and logistics monopoly Transnet will get a bail-out, with National Treasury confirming that it has issued the group with “a support package of R47 billion to support a recovery ...

The county Board of Supervisors Wednesday voted 4-0 in favor of spending $142.9 million in 2023 TransNet funds for numerous street projects in unincorporated communities, including Lakeside and Valley ...