South Africa’s state-owned rail and ports operator reported a wider first-half loss as failing infrastructure and security issues continue to hamper progress in turning the business around ...

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The rising cost of servicing Transnet’s debt eroded its measure of cash interest cover — the amount of interest expenses a company can pay from earnings — to 1.9 times, while a number of ...

Transnet SOC Ltd.’s loss was R2.2 billion ($118 million) in the six months through September, compared with R1.6 billion a year earlier, it said in an emailed statement on Tuesday. The company ...

TRANSNET, South Africa’s state-owned ports and rail company, posted an interim R2.2bn loss for the six months ended September, R600m worse than in the previous financial year. Despite tariff-driven ...

Transnet's network statement has received further endorsement from critical private sector players, including the Multi-Modal Inland Port Association (MIPA) and RailRunner South Africa. It is ...

The Multi-Modal Inland Port Association (MIPA) welcomes the release of Transnet's Network Statement, a landmark development that opens up South Africa's rail network to third party operators, at an ...

Beyond mining goods, Transnet Freight Rail also rails steel, cement, agricultural products and bulk liquids. Total volumes increased by 3.2% to 78 million tonnes compared with 75.6 mt in 2023. In ...

South Africa’s state-owned rail and ports operator reported a wider first-half loss as failing infrastructure and security issues continue to hamper progress in turning the business around ...