Brown: Most parastatal CEOs didn't get bonuses

2015-01-04 20:15

Public Enterprises Minister Lynne Brown says most chief executives of key state-owned enterprises have not received performance bonuses.

Blow for Transnet in pensioner case - lawyer

2014-12-23 11:28

Transnet's application for leave to appeal a ruling allowing their pensioners to bring a class-action suit has been dismissed in the Supreme Court of Appeal.

Shifting processed foods from road to rail

2014-12-15 15:31

Processed foods are the commodity group with the highest freight carbon footprint on major road routes: the Gauteng-Cape Town and the Gauteng-Durban corridors.

Transnet, China seal deals

2014-12-05 07:43

President Jacob Zuma and his Chinese counterpart have signed an agreement regarding the manufacture of locomotives and the establishment of a training centre.

Transnet in R30bn maintenance backlog

2014-10-08 20:06

Transnet has an infrastructure maintenance backlog of R30bn, most of it on signalling systems and rail tracks, says Public Enterprises Minister Lynne Brown.

Diesel ship hits bottom of pier in Durban

2014-10-03 10:04

A ship carrying diesel is being kept afloat at Durban harbour after it apparently hit the bottom of the North Pier, the Transnet National Ports Authority says.

SA bodies want to fund Zim infrastructure

2014-09-26 08:25

Zimbabwe has received proposals from the DBSA, IDC, PIC and Transnet for $14.7bn in funding for infrastructure projects.

No stranded Ebola ship off Richards Bay

2014-08-12 17:40

Reports that a ship carrying people infected with Ebola is stranded off Richards Bay, KwaZulu-Natal are untrue, Transnet's National Ports Authority says.

Nyanda welcomes Transnet settlement

2014-08-06 17:20

Former SA National Defence Force chief Siphiwe Nyanda has welcomed the settlement of the long-running dispute between Transnet and General Nyanda Security.

DA asks Madonsela to probe pensioner case

2014-08-01 13:06

The DA says it has asked Public Protector Thuli Madonsela to investigate the alleged maladministration of Transnet pensioner funds.

Green light for R80bn Transnet class suit

2014-07-31 13:14

A judge has decreed that a class action suit may be launched on behalf of impoverished Transnet pensioners, in an attempt to recover R80bn in lost assets.

Judgment reserved on Transnet pensioners' case

2014-07-22 18:51

The High Court in Pretoria has reserved judgment in an application by two Transnet pensioners to sanction the institution of a R80bn class action.

Transnet could face pensioners' R80bn lawsuit

2014-07-20 10:35

The largest court action in SA's legal history might be created when more than 62 000 pensioners bring a class action lawsuit against Transnet.

Transnet to spend more on expansion

2014-06-30 13:19

Transnet says its seven-year infrastructure investment programme, now in its third year, will cost R312.2bn, up from R307.5bn previously.

Transnet briefly lifts Ngqura lockout

2014-06-10 18:45

Transnet has temporarily lifted its lockout at the Ngqura Container Terminal so striking workers who wanted to return to work could do so, the company says.

Non-striking workers' houses stoned

2014-06-05 18:45

Two houses of non-striking Transnet workers have been damaged at Motherwell, in the Eastern Cape when they were stoned, the company says.

'R1 a month' for some Transnet pensioners

2014-04-24 16:28

Motorists hooted their horns and shouted "Viva badala, Viva" (viva, elders, viva) while Transnet pensioners marched to the Union Buildings.

R178m bonus for Transnet pensioners

2014-04-22 16:58

Transnet pensioners are set to receive 13th cheques to a total value of R178m, taking the total of bonus payments to around R2.5bn since 2007.

Bombardier has $1.2bn of SA rail contract

2014-04-03 12:31

Bombardier has said that its share of a recently announced deal to supply 240 electric locomotives to Transnet Freight Rail is worth billions.

Questions over R50bn Transnet tender

2014-03-23 14:47

Local partners in Transnet’s massive new R50bn tender for locomotives have been surprised to learn they are part of the procurement deal.

Transnet in 'biggest ever train order'

2014-03-17 15:59

Transnet is ordering more than 1 000 new trains, in what it hails as SA's biggest single corporate infrastructure investment.

Transnet: We take safety seriously

2014-03-09 18:49

Transnet maintains strict safety levels and deals with staff who do not uphold them, according to an official.

Richards Bay suspends operations

2014-02-03 18:29

Richards Bay Coal Terminal has suspended all operations including export coal train service due to a power failure.

Mandela: Backbone of business

2013-12-08 16:02

Nelson Mandela turned South Africa from a pariah state to the world’s darling, and in doing so, he brought the country into the global economy, according to a report.

Transnet awards R15bn fuel contract

2013-12-05 14:00

Transnet has awarded a contract valued at R15bn to nine companies to cover the parastatal's fuel requirements.


R80bn suit 'spells grim outlook for Transnet'

2014-12-28 13:45

If Transnet elects to once again block a pensioners’ class action at the Constitutional Court, the Freedom Front Plus says it will seek an application for a punitive cost order.

Transnet pensioners in R80bn suit dying off

2014-12-18 07:55

Some 7 000 Transnet pensioners have died since the first steps were taken to launch a class action case against the state-owned transport company, it has emerged.

Tshabalala left off Transnet board

2014-12-11 13:19

The members of the Transnet and Eskom boards have been approved and the embattled SABC chair Ellen Tshabalala has been excluded from the new Transnet board.

Nene hints at privatisation

2014-10-22 14:09

Government believes state owned enterprises - like Eskom, Transnet and South African Airways - "should operate on the strength of their balance sheets".

Court rejects Transnet's pension appeal bid

2014-10-03 20:05

Transnet pensioners have won another round in court in their struggle to bring a class-action suit against the parastatal, the FF Plus says.

Transnet, BHP Billiton sign R24bn deal

2014-09-30 19:52

Transnet group executive Brian Molefe has signed a 10-year coal transporting contract with BHP Billiton.

Transnet opens Maputo joint centre

2014-09-23 20:00

Transnet and port and rail operators in Swaziland and Mozambique have unveiled the Maputo Corridor joint operating centre.

Transnet secures R6bn funding guarantee

2014-08-07 08:33

Transnet has secured a R6bn funding guarantee from a United States export credit agency for the locomotives it is buying from General Electric.

Transnet settles with security firm

2014-08-05 12:30

The long-running dispute between Transnet and Abalozi Risk Advisory Services has been settled, says the parastatal.

No politics in R80bn Transnet pensioner suit

2014-08-01 07:35

The R80bn class action suit of Transnet pensioners is devoid of political affiliation or involvement, say the pensioners' attorneys.

Transnet refutes pensioners' claims

2014-07-27 14:55

Transnet has refuted a report claiming plans may be afoot to dissolve the pension fund into which Transnet transferred pensioners from the apartheid years.

FF Plus keen to help Transnet pensioners

2014-07-21 20:03

The Freedom Front Plus has pledged to prevent the dissolution of a Transnet pension fund.

Transnet posts R5.2bn profit

2014-07-01 08:40

Parastatal Transnet's revenue grew to R56.6bn for the the 2013/2014 financial year, driven by a rise in minerals and chrome volumes.

Transnet strike - second arrest

2014-06-13 18:22

A second Transnet employee has been arrested for alleged intimidation during a strike at the Ngqura container terminal.

Transnet: Non-striking workers' homes damaged

2014-06-07 17:30

Two more houses of non-striking Transnet workers have been damaged in Motherwell in the Eastern Cape, the company says.

Transnet to repair workers' houses

2014-05-05 18:06

Transnet will repair the houses of workers damaged during a strike by Numsa at the Ngqura Container Terminal in the Eastern Cape, the parastatal says.

Retired Transnet employees 'left homeless'

2014-04-24 12:10

Some retired Transnet employees live on the streets and some of them end up committing suicide because they cannot afford to pay rent, warns a political party.

Transnet to spend billions on training

2014-04-09 11:47

Transnet will spend R7.7bn on training and upskilling over the next five years, with R4.7bn going towards bursaries for students.

Transnet secures loan for locomotives

2014-03-28 16:31

Transnet has secured a R3bn loan for its rail contract to manufacture 1 064 locomotives.

Transnet wants engineers not cleaners

2014-03-20 15:54

It is not true that poorer communities are only good for low-paid jobs in engineering projects, says Transnet CEO Brian Molefe.

Chinese firms bag Transnet contracts

2014-03-17 13:23

China's top two train makers are among the firms awarded contracts to supply over 1000 trains, as part of a R85.5bn expansion plan, says CEO Brian Molefe.

Parastatal investments to reach R382bn

2014-02-26 14:56

Capital expenditure by the country's major state-owned enterprises is expected to reach R382bn over the next three financial years.

New rail network to bring relief to roads

2014-02-03 09:22

Transnet is to acquire 1 317 new locomotives and 25 000 new wagons which will raise its handling capacity by 75%, says Public Enterprises Minister Malusi Gigaba.

We have lost a great leader - Transnet

2013-12-06 13:09

SA has been blessed with an individual of rare stature and we should honour his memory by ensuring that his good deeds live on, says Transnet.

Transnet issues R5bn global bond

2013-11-07 11:16

Logistics group Transnet has issued a global R5bn bond at a yield of 9.5%, enabling it to meet its funding requirements for the current financial year.

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