ARTICLES RELATING TO TRANSNET

EXCLUSIVE: R10m tender to Transnet exec's former boss

2017-02-06 09:28

Transnet is refusing to provide evidence of the work a company owned by the former boss of a senior executive did to justify a R10m paycheque, amid allegation of tender irregularities.

EXCLUSIVE: Transnet's new Chinese locomotives 'fail first test'

2017-01-23 09:03

A Transnet contract worth almost R8bn for new Chinese-manufactured locomotives has hit a stumbling block as technical problems have plagued the first of the trains to be delivered.

Long distance commuters left stranded after freight train derails

2016-12-19 16:40

Commuters taking long distance trains have been left stranded after a Transnet freight train derailed at Hertzberg in the Free State.

Treasury battles SOEs for tender documents amid mammoth review

2016-12-02 16:13

Three state-owned entities, as well as the Department of Public Enterprises, have not supplied Treasury with documents for its tender review process.

Fitch revises Transnet outlook to negative

2016-11-30 19:42

Fitch Ratings has revised the outlook on Transnet to negative from stable and affirmed its long-term foreign-currency issuer default rating and long-term local-currency IDR at 'BBB-'.

Futuregrowth lifts lending freeze on third SOE

2016-11-21 13:12

Futuregrowth has lifted its funding suspension on a third state-owned entity, the Development Bank of Southern Africa has revealed.

SOE reform central to economic growth for Brics - Brown

2016-11-18 16:00

A “deliberate” private sector partnership framework is required as part of the expenditure programmes of SOEs to drive growth, says Public Enterprises Minister Lynne Brown.

Transnet keeps a lid on debt levels

2016-11-07 18:39

The state-owned rail company has managed to pay R17.2bn of debt, according to its interim financial results report.

Vodacom in R1bn deal with Prasa

2016-09-22 17:08

South Africa’s biggest mobile network Vodacom says it has entered a 15-year telecommunications partnership deal with the Passenger Rail Agency of South Africa.

Transnet’s shady loan deal

2016-09-18 08:24

Parastatal paid Gupta associate’s firm millions for a service it could have provided itself for a fraction of the price, write Craig McKune, Stefaans Brümmer and Sam Sole

 

Reports on Chinese locomotives 'inaccurate and mischievous' - Transnet

2017-01-24 17:41

Reports on problems with Transnet's Chinese-manufactured locomotives are "inaccurate and mischievous", and are designed to "advance devious ideological schemes", the state-owned rail operator says.

Lynne Brown: Eskom, Transnet not for sale

2016-12-23 20:13

Eskom is not for sale and neither are Koeberg, Transnet, Denel or the other companies in the Public Enterprises portfolio, says Minister of Public Enterprises Lynne Brown.

Meet SAA ‘whistle-blower’ that saved SA taxpayers billions of rands

2016-12-07 11:40

South Africans owe immense gratitude to a few individuals whose moral courage and actions - at the cost of their jobs - scuppered a cunning plan by SAA chair Dudu Myeni.

Huge potential in SA's oceans economy - Transnet manager

2016-12-01 16:55

There is a huge potential in South Africa's oceans economy, says Lloyd Tobias, Transnet's general manager for the export of iron ore and manganese..

Futuregrowth flags DBSA manager related to ‘politically exposed person’

2016-11-21 14:56

Futuregrowth has flagged a concern regarding the Development Bank of South Africa relating to a business unit head that is related to a politically exposed person.

Transnet to plough millions into marina

2016-11-20 06:59

Transnet is studying a multimillion-rand Port Elizabeth waterfront and marina project that could add thousands of jobs, while boosting the city’s tourism sector.

Transnet sets aside R20bn for deals, as it cuts ties with Trillian

2016-11-08 07:06

Transnet has set aside R20bn for acquisitions as it seeks to expand services beyond its core business as a ports and rail operator and diversify geographically.

'I won’t lose sleep over Futuregrowth' – Transnet CEO

2016-11-07 17:47

Transnet CEO Siyabonga Gama says Futuregrowth’s decision to freeze lending to state-owned enterprises is unfair.

Transnet capex programme could impact on cash flows – Moody's

2016-09-20 07:42

Moody's says Transnet's decreased funding needs would relieve pressure on its financial position, but its vast capital expenditure programme could delay cash flows.

Moody times for state enterprises

2016-09-18 06:53

FutureGrowth, which said it would stop funding SOEs this month, could do an about-turn amid ratings agency jitters.

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