The government is planning to restructure Transnet Freight Rail. Credit: Lisa Johnson från Pixabay. South African state-owned logistics firm Transnet is set to reduce its freight rail network by ...
In a bid to shore up capital for the beleaguered state entity, Transnet has announced a number of reforms that will spearhead access to the company’s rail network for the private sector – but the ...
Transnet’s move to break its monopoly on South Africa‘s freight rail transport and revitalise its struggling network has already attracted strong market interest, says Moshe Motlohi, acting CEO of ...
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Transnet’s rail network looks set to finally gain momentum
On Christmas Eve 2024, the Department of Transport released a final network statement that sets out the process of ending Transnet’s monopoly on rail and bringing in private-sector players to ...
Transnet saw a steady operational improvement in the six months to 30 September as higher rail volumes and increased tonnage throughput breached the 80 million tons, helping to narrow losses. The ...
It’s beginning to look a lot like Christmas for South Africa’s beleaguered freight rail sector. First came the big announcement of private participation, then the R15-billion government bond issuance ...
Transnet SOC Ltd. said it’s in talks to run additional trains between a port in Gqeberha in the Eastern Cape province and the country’s commercial hub of Gauteng to better link the two automotive ...
Wage talks between state-owned South African port and rail operator Transnet SOC Ltd. and its biggest labor group have deadlocked, as the company signed a three-year agreement with a smaller union.
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