South Africa's state-owned logistics company Transnet on Tuesday said its freight rail and port operations were returning to normal service after a 12-day strike that throttled commodities exports and ...
South African state-owned logistics firm Transnet was hit by a suspected cyber attack, three sources with direct knowledge of the matter told Reuters on Thursday, affecting some of its container ...
Transnet recorded a hefty R7.3 billion loss in 2023/24, more than half of it due to Total and Sasol’s multi-billion rand third-party National Petroleum Refiners of South Africa (Natref) fuel line ...
Transnet’s financial and operational situation is still heading in the wrong direction, with the state-owned transport group reporting billions of rands more in losses and underperformance of its ...
Analysis by the maritime sector has been mostly positive to the news that Transnet would be receiving a R51 billion bailout for Transnet announced by the Minister of Transport last week. Transnet, in ...