International ratings agency Standard & Poor’s (S&P) has affirmed its rating for Transnet’s long-term foreign currency at ‘BBB-‘ and ‘BBB+’ for local currency. S&P said it was optimistic that Transnet’s […]
Archive | Freight rail
Transnet steams into rest of Africa
South African state rail-freight operator Transnet is embarking on a major expansion drive in the rest of the continent, offsetting a slowdown at home caused by the slump in commodity […]
Moody’s tweaks Transnet outlook
Credit rating agency Moody’s has changed Transnet’s outlook from being on review for downgrade. However, the agency’s outlook for the state-owned company is negative, in line with the country’s Sovereign […]
Gama outlines Transnet plans
Newly-appointed CEO of Transnet, Siyabonga Gama has released a series of short statements on social media detailing the state-owned company’s future direction and outlook. The statements read as follows: “I […]
Transnet Freight Rail’s corridor development programme and road to rail strategy
A presentation by Ms Nisha Jones (general manager: Commercial: Transnet Freight Rail) at the Transport Forum special interest group, in collaboration with the Maputo Corridor Logistics Initiative (MCLI) in Mbombela […]
Transport and rail sector under review
The current state of affairs within South Africa’s transport sector, specifically the rail sector, has been informed by a variety of legislative and policy documents with various rail initiatives. These […]
Transport Department launches Green Paper on National Rail Policy
Government has launched a green paper on the National Rail Policy. Its an important guide that will influence decision making in the industry’s freight and passenger transport sector.
Railway infrastructure in Africa
Kenya has laid the foundation stone for it’s new railway transport system. The 1.3 trillion shillings ultra-modern railway network, will originate in Mombasa and travel 500km to Nairobi in its […]
Mozambique railway developments
A presentation by Ilidio Matola: Director, Strategic Planning and Business Development, CFM delivered during the MCLI Stakeholder Forum in Nelspruit, South Africa on 22 July 2015. The presentation describes the […]
Maputo Development Corridor update: Swaziland Rail
Presentation to the MCLI Stakeholder Forum, held in Nelspruit, South Africa on 22 July 2024 by Bhekisisa Manyatsi: ICD Manager, Swaziland Railways.