Transnet has signed a three-year wage agreement with its majorityunion, the United National Transport Union (UNTU), following a protracted negotiation process that required intervention from the ...
South Africa’s state-owned ports and rail company withdrew a request for quotes for an operating lease on a freight-rail artery that connects its biggest port with its industrial hub, because changes ...
It will ensure all the group’s debt redemptions are covered for the next five years and mitigate the risk of credit downgrades on its existing debt, says the Transport Department. Government has ...
IT IS HOPED that the R51 billion bailout for Transnet, announced by the Minister of Transport last week, will help revitalise the country's rail and port facilities and secure South Africa's ...
Transnet National Ports Authority is embroiled in a US$110 million lawsuit following the grounding of the MV Smart at ...
Rail woes force mineral exporters to use trucks Transnet seeks to restore order amid "unprecedented" traffic Logistics crisis costs miners billions of rand Nov 20 (Reuters) - South African state-owned ...
Transnet SOC Ltd. rolled over 7 billion rand ($381 million) of debt due this week until March, giving the South African state-owned port and rail company relief for four months. The bonds, which were ...