French development agency AFD has signed a memorandum of understanding to accelerate state-owned rail and port logistics ...
(Bloomberg) -- South Africa’s government berated Transnet SOC Ltd., which runs the state freight-rail monopoly, for its poor performance saying its costing jobs in a nation where one in three are ...
South Africa’s poorly run ports and freight rail lines may have cost the country 150 billion rand ($7.6 billion) in exports last year, the Minerals Council said. The lobby group, which represents most ...
CAPE TOWN, South Africa (AP) — The African Development Bank says it has approved a $1 billion loan to South Africa’s state-owned rail and ports company, Transnet. The 25-year loan is wholly guaranteed ...
JOHANNESBURG, Aug 22 (Reuters) - South Africa's government said on Friday it will allow private firms to run trains on its freight rail network, aiming to boost efficiency as state-owned logistics ...
Sept 1 (Reuters) - South Africa's state-owned logistics company Transnet slumped to an annual loss of 5.7 billion rand ($304 million) in its last financial year, it said on Friday, citing continued ...