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Transnet Podcast Series at Mining Indaba, hosted by Gugu Mfuphi #miningindaba2023 #transnetatminingindaba Transnet is championing partnerships in Africa and aims to build integrated transport systems via railway lines and across oceans. In this interview, Fadzai Nyamasve talks about how Transnet wears a commercial hat in everything it does to meet
(Cape Town, 07 February, 2023) Transnet Freight Rail and Kalagadi Manganese Resources (Pty) Ltd today signed an agreement to ensure sector transformation through helping emerging miners access new markets. Transnet’s Group Chief Executive Portia Derby signed the agreement with Daphne Mashile-Nkosi, chairperson of Kalagadi Manganese Resources (Pty) Ltd, at the
Cape Town, 07 February, 2023 Transnet Freight Rail and Kalagadi Manganese Resources (Pty) have finalised and signed an agreement ensuring sector transformation by helping emerging miners access new markets. Transnet’s Group Chief Executive, Portia Derby, signed the agreement with Daphne Mashile-Nkosi, chairperson of Kalagadi Manganese Resources (Pty) Ltd, at the
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
Johannesburg, 2 December 2022 Transnet Freight Rail (TFR) welcomes measures by government to restrict and regulate trade in scrap metal products to limit damage to infrastructure and the economy. We are pleased that Government has acted decisively against the scourge of metal theft that doesn’t just plague Transnet, but the
Johannesburg, 06 December 2022 New contracting and capacity allocation processes have commenced as Transnet prepares to open up capacity allocation for emerging miners. Transnet has previously announced its intention to enable emerging miner ramp up via the Ports of Gqeberha and Saldanha from April 2023, when its current long-term contracts
Johannesburg, 13 January 2023 On 31 December 2022, Transnet SOC Ltd (“Transnet”) and the Special Investigating Unit (“the SIU”) concluded a settlement agreement with Liebherr in respect of the award of two tenders in 2013 and 2014 for the supply of cranes to Transnet. The SIU found that the decision
Johannesburg, 12 January 2023Transnet SOC Limited (“Transnet”) has reached an impasse with CRRC E-Loco Supply, following unwillingness on the part of CRRC to engage with the relevant authorities in South Africa to normalise its operations in the country.As a matter of urgency, in the next few weeks Transnet will therefore
