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

Futuregrowth stands by loan freeze to SA state firms

2016-09-09 07:19

Futuregrowth has conceded it should have consulted with the state companies before going public about withdrawing funding to them, but it says it stands by the decision.

Brown slates loan ban on Eskom, Transnet

2016-09-06 15:58

Public Enterprises Minister Lynne Brown is set to meet with Futuregrowth Asset Management over its decision to withdraw funding to Eskom and Transnet.

We warned you about tall trains – Transnet boss to Prasa

2016-08-29 10:50

A year before Prasa started importing its controversial Afro 4000 locomotives, Transnet warned the agency that the trains were not suited for South Africa and would cause significant safety issues.

Transnet Port Terminals celebrates iron ore milestone

2016-08-19 18:15

Transnet Port Terminals marked a historic iron ore export milestone for its Saldanha operations.

Competition watchdog probes Transnet

2016-07-07 20:20

The Competition Commission says it is investigating Transnet for excessive pricing and giving preferential treatment to some consumers at its ports.

Transnet earnings, revenue edge up

2016-06-27 11:45

State-owned ports and rail operator Transnet says full-year earnings and revenue increased amid rising container and automotive volumes.

Downgrade threat drives SA companies from bond market

2016-05-31 08:33

As South Africa braces for a credit-rating downgrade, the nation’s companies are finding the bond market an unfriendly place.

Lynne Brown: SOEs must stay in government hands

2016-04-26 11:18

Government needs to retain ownership of state-owned companies to ensure growth and create jobs for generations to come, says Public Enterprises Minister Lynne Brown.


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.

Bury NDP. State monopolies a double whammy – expert analysis

2016-09-07 11:34

An analyst unpacks the inefficiency and extraordinary high costs created by the state monopoly on ports, and says the government has strangled the NDP to death.

Brown soothes fears over loans to Eskom, Transnet

2016-09-01 19:33

Public Enterprises Minister Lynne Brown has moved to assure all lenders and investors that Eskom and Transnet are credible and reliable borrowers.

Brown demands review of safety procedures after horror rail crash

2016-08-19 19:45

Minister of Public Enterprises Lynne Brown has requested Transnet to continuously review its safety procedures at its depots and rail routes to prevent a recurrence of the horror train accident in Noupoort.

Numsa left empty handed at Transnet

2016-08-12 16:50

The National Union of Metalworkers of South Africa has failed to get organisational rights at Transnet.

Transnet to shut down coal export line for maintenance

2016-06-29 13:46

Transnet will shut down its coal export line for 14 days of routine maintenance from July 11.

Transnet employee falls to death while working on Mpumalanga bridge

2016-06-22 15:42

Transnet has launched an investigation into the death of an employee who fell to his death while on duty on a bridge in Mpumalanga.

Transnet taking new strategy away from mines

2016-04-26 18:59

Transnet is working on a strategy to be less reliant on mines and diversify into oil and gas and fast-moving consumer goods, says CEO Siyabonga Gama.

Transnet working on a 'refreshed' operating model - CEO

2016-04-18 19:57

Transnet must seek new opportunities in areas such as fast-moving consumer-goods volumes to compensate for a slump in commodities, says boss Siyabonga Gama.

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