Transnet on Monday announced a combined R13-billion funding for its long awaited 1 064 locomotive acquisition programme. Transnet Group Chief Executive Brian Molefe said the funding was raised in two […]
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Multi Billion Rand fuel deal
A five year R15,5 billion contract to supply fuel to Transnet has been awarded to nine black and women owned companies. Following the announcement of this historic deal Simon Foulds speaks […]
Transnet responds to locomotive media statements
In a media statement Transnet states it has noted with concern the misleading and mischievous reports over the weekend intended to cast aspersions on the integrity and vigour of the […]
Transnet awards largest-ever locomotive supply contract in South Africa’s history
A R50 Billion contract for the building of 1064 locomotives has been awarded by Transnet to four global original equipment manufacturers (OEMs). Transnet said in a statement it had awarded […]
Godisa Fund to boost black business
The R165 million Godisa Fund has been launched with the aim of boosting black owned business in supplying goods and services to Transnet. Brian Molefe, Transnet group chief executive, says, […]
Transnet unveils R15,5bn fuel contract
A fuel contract worth R15,5 Billion over five years has been awarded by Transnet SOC Ltd to nine black and women-owned companies for the supply of fuel. It is the […]
Transnet on the passing of Nelson Mandela
Brian Molefe, Transnet GCE says, “This morning we woke up to the sad news of the departure of the beloved father of our nation and one of the greatest statesman […]
R1.1 Billion funding for GE locos
Transnet has concluded a loan agreement with Nedbank for R1.1 Billion to fund 53 diesel locomotives being built by General Electric. The loan comes with a guarantee from Ex-Im, a […]
Cape Town hosts ports authorities from over 20 countries
The African Ports Evolution 2013 Forum taking place in Cape Town between 26-28 August is designed to not only enable regional trade and connectivity but also ultimately reduce the high […]
First Transnet Hub for SMMEs
Striving to expand opportunities for smaller black owned enterprises, Transnet has opened the first of its Enterprise Development Hubs in Johannesburg. Situated at the Carlton Centre, Transnet’s head office, the […]