transnet freight raillatest news & developments
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

Transnet reports R7.3 billion loss amid Natref litigation and operational ‘challenges’

Total and Sasol litigation has ballooned the logistics operators’ losses, but executives have set a target for profit in 2024/5

  • Des Erasmus
6 min read
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

Transnet seeks government financial support, but mum on details

The state-owned logistics entity, plagued by R130 billion in debt and neglected infrastructure, has presented a turnaround plan to claw its way back to profitability

  • Umamah Bakharia
5 min read