South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) ...

South Africa’s transport ministry with the concurrence of the minister of finance agreed to provide a 51 billion-rand ($2.8 ...

The company will be able to access the funds immediately to support its 'capital investment program and to enable it to meet ...

Transnet, which is pivotal to the country’s freight rail and port systems, has been grappling with substantial operational ...

The Minister of Transport, Barbara Creecy, has this week approved a R51 billion guarantee facility for Transnet, with the ...

The government has approved a R51 billion guarantee facility for embattled Transnet. This guarantee facility is effective ...

South Africa’s transport and finance ministries have approved a R51 billion guarantee facility to Transnet SOC Ltd., the ...

MINISTERS have greenlit a fresh R51bn guarantee package for embattled state logistics company Transnet, said BusinessLive on ...

In line with existing Guarantee Framework Conditions, Transnet says it has made significant ... recover and fulfil its strategic role in the South African economy,” it says.

Transnet’s profits declined from R5 billion in 2019 to a net loss of R5.7 billion in 2023, and in 2024, it carried a ...

JOHANNESBURG, May 22 (Reuters) - South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) guarantee facility, the transport ...