In the third year of its rolling seven-year investment programme Transnet released a buoyant set of financial results for the year ended 31 March 2014. Revenue for the period under […]
Tag Archives | rail
Transnet obtains court order against violent striking members
Freight and Rail parastatal Transnet has obtained a court order against its striking employees. This after homes and vehicles belonging to non-striking employees were torched. The parastatal obtained the interdict […]
Rail – a key enabler linking South Africa to its markets
The next monthly Transport Forum taking place at the University of Johannesburg’s Institute of Transport and Logistics Studies (Africa), takes place on Thursday, 8 May. Topic under discussion is ‘Rail […]
Trillion dollar African transport network
Angola and Mozambique are expected to be the main beneficiaries from Chinese investments over the next 12 years as trans-national networks crossing the countries are developed. Zhao Changhui, the chief […]
Confidence in Maputo’s export position
An agreement signed with DP World Maputo, sees Sappi Southern Africa routing all dissolving wood pulp exports originating at its Ngodwana Mill in Mpumalanga, South Africa through the DP World […]
An important day for SA
The movement of goods from road to rail is starting to take shape, with Transnet Freight Rail (TFR) signing memorandums of understanding (MOUs) with key logistical companies in South Africa. […]
Smart supply chain solutions
As an international provider of smart supply chain solutions, Barloworld Logistics is a mode agnostic company. By signing an agreement with Transnet Freight Rail to move rail friendly freight from […]
Fitch upgrades Transnet’s credit rating
Transnet’s credit rating has increased by two notches to ‘BBB’ from the previous ‘BB+’ by Fitch Ratings which according to Transnet confirms the success of its efforts in strengthening the […]
Infrastructure investment steams ahead as profits soar
Interim results for Transnet SOC Ltd shows an increase in revenue by 14,3% in the six months ended 30 September 2024 to R28,5 billion, driving profit higher by 71,2% while […]
Zuma visits Balfour railway
Celebrating the progress of the countries rail transport plans on Friday 20 September, President Jacob Zuma inspected the Balfour railway line construction site in Mpumalanga. Zuma said during his visit, […]