South Africa’s biggest bulk export port, Richards Bay, is now struggling to cope with heavy truck traffic due to the ongoing collapse of the country’s rail system. According to reports, …
TRANSNET
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BusinessEconomyGOVERNMENTInfrastructureLeadershipTransportation & Logisitics
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BusinessEconomySouth AfricaTransportation & Logisitics
Transnet to meet with amakhosi and South African Police Service to resolve threats and derailment
After a train carrying export coal to Richards Bay was derailed near Ulundi on Tuesday, Transnet said it would meet with traditional leaders in the area as it is extremely …
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BusinessSouthern AfricaTransportation & Logisitics
Transnet to receive in state support R8.5bn to ‘build efficiency’
Transnet, State-owned logistics company is to receive its first cash injection from the fiscus in decades as it battles to recover from flood damage and a shortage of locomotives due …
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Transnet, South Africa’s state-owned freight transport and logistics company said the smaller of the two main labor unions it had called off a strike over wages that’s curbed key exports. “We have …
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BusinessSouthern Africa
Transnet meets with unions again to try ending crippling strike, as business offers to pay more
Transnet said it would take another crack at ending a crippling strike by unions as it returns to the negotiations under the Commission of Conciliation, Mediation, and Arbitration (CCMA) on …
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SATAWU, The South African Transport and Allied Workers Union plans to down tools as early as Monday, while the United National Transport Union (UNTU) said it served a 48-hour notice …
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Former Eskom and Transnet executives Brian Molefe and Anoj Singh were among several former high-profile Transnet employees arrested on Monday morning for their alleged role in a corrupt train tender. …
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BusinessBusiness and EconomyEconomySouthern Africa
Transnet announces a deadlock in wage negotiation as strike continuous
Transnet announced on Friday a deadlock in wage negotiations, with two labor unions raising the prospect of a strike that could further cripple the state-owned logistics company and impact Africa’s …
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BusinessSouthern AfricaTransportation & Logisitics
Transnet swings from over R8bn FY loss to a R5bn profit
State-owned ports and rail logistics monopoly Transnet has posted a recovery from the Covid-19 financial fallout, reporting a R5 billion profit for its full-year ended 31 March 2022. This means it has …