(Bloomberg) -- South Africa’s state logistics company said it’s doing the best it can within the constraints it faces and is making some progress, after being blamed by business and government for ...
(Bloomberg) -- South Africa’s government berated Transnet SOC Ltd., which runs the state freight-rail monopoly, for its poor performance saying its costing jobs in a nation where one in three are ...
After years of South African train stations being subjected to unsolved arson attacks and hundreds of trains being burned, the Passenger Rail Agency of South Africa has dismissed four senior officials ...
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 ...
CAPE TOWN, South Africa (AP) — The African Development Bank said Thursday it had approved a $1 billion loan to South Africa’s state-owned rail and ports company, Transnet. The 25-year loan was wholly ...
To answer the obvious questions about why South Africa needs the rail reforms: our tracks are too narrow. To answer the other obvious question: R1.5-trillion. That was a 2015 estimate for a full track ...
South African coal and iron-ore exporters aim to sign agreements with state-owned logistics company Transnet SOC Ltd. next month that could pave the way for them to spend billions of rand to help fix ...
South Africa is seeking private investment in its passenger rail system, saying national coffers aren’t deep enough for the type of cash required to modernize and expand the network. The government is ...
In brief: A South African man who pulled off one of the biggest qualification-fraud cases in recent memory has finally been sentenced to 15 years behind bars. Daniel Mthimkhulu's con job allowed him ...
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