Such a target seems lofty considering that during its 2023/24 financial year, Transnet moved 151.7Mt of goods on its rail network. In its heyday (in about 2009), Transnet could easily record ...

South Africa’s state-owned logistics company Transnet SOC Ltd. plans to shrink the 20,000-kilometer (12,427-mile) freight rail network it operates by at least 35% as it focuses on delivering ...

South African state-owned logistics firm Transnet is set to reduce its freight rail network by around 35% as it deals with theft of cables utilised to run its electric trains and scarcity of ...

April 1 (Reuters) - South Africa's state rail company Transnet on Friday invited bids from the private sector to operate sections of its freight network, seeking a cash injection to improve the ...

Transnet is working on an official Network Statement – the new manual of how train operating companies will be expected to do business in South Africa. Included will be the PSP tariffs and access ...

Government has granted Transnet R51b over the next two years. (Image for illustration only.) Photo: Javad Esmaeili/Pixabay After receiving a R47b bailout in December 2023, the Minister of ...

TRANSNET Rail Freight's invitation to private companies to use 35 percent or 7 300km branch lines, ... We have the market but we can't move it be cause the rail network is not there," he said.

South Africa handed Transnet a 47 billion rand ($2.5 billion) lifeline on Friday, which it said would help the state-owned rail and ports firm meet its immediate debt obligations.

Thungela and other CEPs rejected Transnet's view that it was entitled to terminate the LTA but committed to engage in negotiations with Transnet to negotiate a deed of amendment to the LTA for the ...

Transnet's total freight rail volumes declined by nearly 14% from 212.3 million tonnes in 2020 to 183.29 million tonnes last year, the worst performance in a decade, company records show.