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Transnet reviewed consolidated financial results for the 6-months ending September 2022

Johannesburg, 22 December 2022Salient features:Revenue increased by 2,0% from R35,4 billion to R36,1 billionEBITDA is down by 2,5% from 13,3 billion to R12,9 billionProfit for the period is R159 million (2021: R78 million lossCash generated from operations after working capital changes is R11,9 billionGearing is at 43,7%Rolling cash interest cover

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Collaborative structure for recovery and stability of the operational performance of logistics

Johannesburg, 19 December 2022 The Transnet SOC Ltd Board and Minerals Council South Africa Office Bearers have agreed to establish joint collaborative structures whose purpose is to ensure that all possible actions are taken to stabilise and improve the throughput of South Africa’s rail and ports systems to enable inclusive

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