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, …
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- BusinessEconomyGOVERNMENTInfrastructureLeadershipTransportation & Logisitics
- 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 …
- 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 …
- 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 …
- 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 …
- 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 …