Tag: Transnet
D-day for Transnet executives
Three Transnet executives have until the end of business today to save their jobs or face suspension.
Chief executive Siyabonga Gama, chief procurement...
Transnet wasted billions on trains
Transnet SOC Ltd, South Africa’s port and freight-rail operator, squandered billions of rand and broke a raft of regulations when it altered the terms...
Molefe to cut ‘deep claws’ of corruption at Transnet
South Africa’s port and freight operator needs to cleanse itself of “pervasive corruption” so it can improve efficiencies and win back public and investor...
South Africa’s Ramaphosa orders probe into state firms Eskom and Transnet
South African President Cyril Ramaphosa has ordered the country’s Special Investigating Unit (SIU) to probe allegations of maladministration at state run-power utility Eskom and...
Transnet makes final wage offer
The United National Transport Union (Untu) is considering a final wage offer by parastatal Transnet, but has not excluded industrial action should its members...
Innovation by TPT saves millions
A depth of experience and a proactive approach by the technical team at Transnet Port Terminal’s Port Elizabeth container terminal has saved the company...
S.Africa’s Transnet to spend additional $6BN on ports, railways over three years
South Africa’s state-owned freight logistics group Transnet will invest an additional 84 billion rand ($6 billion) over the next three years to increase capacity...
No justification for any increase in Port tariffs
There is no justification for any increase in Port tariffs and it is time port users were compensated for decades of over-charging, says the...
Transnet looks to build two new heavy haul rail lines
Transnet is looking for funding to build a heavy haul railway line to link South Africa and Swaziland. In addition, the parastatal aims to...
New Transnet, DBSA finance scheme set up to support African rail exports
State-owned entities Transnet and the Development Bank of Southern Africa(DBSA) have agreed to create a new facility that will extend favourable financing to African and Middle Eastern...