South Africa’s biggest political party will ask the National Treasury to consider a one-off debt-relief package for state-owned rail and ports operator Transnet before next month’s budget.

President Cyril Ramaphosa says that Eskom and Transnet are vital for the economy to function properly. / Transnet President Cyril Ramaphosa says the government will initiate a second wave of ...

In recent years, Transnet has faced significant challenges, including operational inefficiencies, ageing infrastructure, and financial mismanagement, which has led to frequent disruptions to its r ...

The ANC will ask the National Treasury to consider a once-off debt-relief package for state-owned rail and ports operator Transnet before next month's budget. Transnet requires a similar package to ...

A financial bailout of Transnet, to capacitate it to its full potential as proposed by the African National Congress’ (ANC) Economic Transformation Committee over the weekend would, while ...

South Africa’s biggest political party will ask the National Treasury to consider a once-off debt-relief package for state-owned rail and ports operator Transnet SOC Ltd. before next month’s ...

The Democratic Alliance (DA) criticised the African National Congress’s (ANC’s) decision to request a bailout for State-owned rail and ports operator Transnet, saying the party appeared to be ...

The DA, for the last 15 years, has stated that we do not support any further mega bailouts for State Owned Companies, and is alarmed that the ANC appears to be undermining policymaking in the GNU by ...

South African coal and iron-ore exporters aim to sign agreements with state-owned logistics company Transnet next month that could pave the way for them to spend billions of rand to help fix ...