In October last year, Transnet Freight Rail cancelled a conditional contract with Traxtion Sheltam, which had emerged as a successful bidder in November 2022 to operate the Kroonstad to East ...
has welcomed the announcement of the vertical separation of Transnet Freight Rail into two distinct operating divisions – Transnet Infrastructure Manager (TRIM) and Transnet Freight Rail (TFR).
In its MTBPS document, the Treasury outlined measures needed to optimise Transnet’s capital structure and restore ...
“The strategic partnership between Petredec and Transnet Freight Rail marks a significant step in improving LPG accessibility in South Africa,” says Petredec CEO Jonathan Fancher. He adds this ...
“This is no criticism of new CEO Michelle Phillips and Transnet Freight Rail’s new CEO Russell Baatjies, both of whom have done excellent work in trying to fix the problems at Transnet with ...
He adds that the performance of Transnet Freight Rail is providing grounds for a little more optimism. The tempo, or average run rate, of the rail coal line from Mpumalanga to Richards Bay for the ...
Since 1980, privately owned railroads have spent 40 cents of every revenue dollar earned into the freight rail network, representing more than $600 billion of private sector funding. The industry ...
Transnet’s high debt of about R230 billion and a maintenance backlog of over R70bn were among the most serious stumbling blocks to its recovery plan, the utility told the Parliamentary Portfolio ...
Finance Minister Enoch Godongwana on Wednesday put public-private partnerships at the centre of plans to shore up Transnet ... “We will open the freight rail network to private operators ...
It’s being contested by the losing bidder in court. The bigger issue is how to effectively restructure the entire Transnet monopoly. The plan to hand over management of the Durban Container ...