Maersk Contests Transnet’s Pick for South African Port Partner: A.P. Moller - Maersk A/S is contesting a process held by South Africa’s state logistics firm ...
bloomberg.com/news/articles/2024-04-08/maersk-contests-transnet-s-pick-for-south-african-port-partner
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Wife and her brother found guilty of murder of Transnet engineer: The family of slain Transnet electrical engineer Nkosi Langa, who was kidnapped from his ...
timeslive.co.za/news/south-africa/2024-04-12-wife-and-her-brother-found-guilty-of-murder-of-transnet-engineer/
Transnet: South Africa Taps Business to Create Office to End Rail Monopoly: South Africa has asked companies to help it set up an office to facilitate the entry ...
bloomberg.com/news/articles/2024-04-08/transnet-south-africa-taps-business-to-create-office-to-end-rail-monopoly
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Privatisation at Transnet ports hits first snag on road to creating efficiency: AP Moller—Maersk unit is opposing the appointment of the successful bidder ...
timeslive.co.za/sunday-times/business/business/2024-04-14-privatisation-at-transnet-ports-hits-first-snag-on-road-to-creating-efficiency/
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Contingency reserves won’t be spent on Eskom and Transnet: Godongwana: South Africa will use future drawdowns of its Gold and Foreign Exchange Contingency ...
timeslive.co.za/sunday-times/business/2024-04-19-contingency-reserves-wont-be-spent-on-eskom-and-transnet-godongwana/
Crucial step paves way for open Transnet rails: The release of the draft network statement by Transnet marks a crucial step in preparation for open access to ...
timeslive.co.za/sunday-times/business/opinion/2024-04-07-crucial-step-paves-way-for-open-transnet-rails/
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KZN men jailed for 15 years for stealing crude oil belonging to Transnet: Police discovered that truck tankers were filled with crude oil that the accused had ...
iol.co.za/news/crime-and-courts/kzn-men-jailed-for-15-years-for-stealing-crude-oil-belonging-to-transnet-d2a3dd05-9f21-487c-b0c5-df13bdd89c44
Cruise liner collides with cargo carrier in Cape Town harbour: A luxury cruise liner bumped into a cargo carrier while docking in Cape Town harbour in windy ...
timeslive.co.za/news/south-africa/2024-04-05-cruise-liner-collides-with-cargo-carrier-in-cape-town-harbour/
After the Bell: The two important questions facing SA’s economy: What will it take to get the economic growth rate moving again? How many times do we have to ask ...
dailymaverick.co.za/article/2024-04-17-bm-tim-atb-2questions/
Transnet reveals details of plan to rope in private sector to fix its rail network
dailymaverick.co.za/article/2024-03-24-transnet-reveals-plan-to-rope-in-private-sector-to-fix-rail/
Quick Glance: Transnet Plans Partnership with Private Sector for Rail Network
- Transnet has begun the process of partnering with private sector companies to operate trains independently on its vast rail network in South Africa.
- Transnet is set to open up its rail network to the private sector starting in April 2024, unlocking billions from companies for upgrading the country's transport infrastructure.
- Transnet's partnership with private sector players was revived by President Cyril Ramaphosa as urgent reforms at the state-owned entity are needed due to its massive debt load.
- The liberalization of rail in South Africa is being advanced by Transnet selling rail slots to third parties, allowing them to introduce electric locomotives and shift traffic onto rail.
Transnet forges ahead with R89bn logistics hub in KZN: Plans are underway to develop new container terminals at the ports of Richards Bay and Durban ...
mg.co.za/business/2024-03-03-transnet-forges-ahead-with-r89bn-logistics-hub-in-kzn/
Quick Glance: Transnet Advances R89 Billion Logistics Hub in KZN
- The Transnet National Ports Authority (TNPA) is moving forward with the development of the R89 billion KwaZulu-Natal Logistics Hub, which includes new container terminals, improved roads, port security, and the relocation of the SA Navy base.
- TNPA officials provided updates on plans for the hub and ports in Durban, focusing on capacity improvements, a mega chrome terminal, and the goal of increasing container exports.
- Expansion plans for the Point terminal in Durban are underway to boost vehicle exports significantly by 2030, involving demolitions, infrastructure relocations, and the construction of new facilities.
- Funding has been secured for feasibility studies on the Point Container Terminal development, with additional projects including a new navy base in Richards Bay and various infrastructure enhancements at both ports.
Partnership with business shows we are better together: As we work to rebuild our economy, we will strive to deepen these partnerships and to reach out to all ...
dailymaverick.co.za/article/2024-03-11-partnership-with-business-shows-we-are-better-together/
Rand set to end week on stronger note: SA's rand was trading at its strongest level in over a month early on Friday, after a week of gains supported by ...
timeslive.co.za/sunday-times/business/business/2024-03-08-rand-set-to-end-week-on-stronger-note/
Cowboys and Crooks – Violent mafias are holding Richards Bay industry to ransom: Getting coal to the deepwater port is a lucrative business and sabotaging the ...
dailymaverick.co.za/article/2024-03-03-cowboys-and-crooks-violent-mafias-are-holding-richards-bay-industry-to-ransom/
Public enterprises minister Pravin Gordhan to retire after elections: Public enterprises minister Pravin Gordhan will retire after this year's general ...
timeslive.co.za/sunday-times/business/business/2024-03-08-public-enterprises-minister-pravin-gordhan-to-retire-after-elections/
Quick Glance: Pravin Gordhan to Step Down
- Minister of Public Enterprises, Pravin Gordhan, has announced his retirement post the general elections in May 2024 to pave the way for the new government.
- Having led the Department of Public Enterprises since 2018, Gordhan held significant leadership roles in the government before.
- His upcoming retirement signifies the end of decades of leadership in the public service.
- Throughout his term, Gordhan has been a strong advocate for financial responsibility, ethical leadership, and the rule of law, voicing opposition against corruption and inefficiency.
Durban Chamber of Commerce praises the appointment of Michelle Phillips as CEO of Transnet
iol.co.za/business/durban-chamber-of-commerce-praises-the-appointment-of-michelle-phillips-as-ceo-of-transnet-0875e92c-27bb-4ab6-a8d8-4d1b4d8ef6aa
Interrogating the claims of Amazon developer James Tannenberger: Setting out the concrete facts in the Amazon-linked development in Cape Town in which Transnet ...
mg.co.za/thought-leader/opinion/2024-02-26-interrogating-the-claims-of-amazon-developer-james-tannenberger/
After the Bell: It’s not just cadre deployment; it’s the cadres you deploy: It’s no wonder the ANC seems unable to appoint a Transnet CEO for months ...
dailymaverick.co.za/article/2024-02-22-after-the-bell-its-not-just-cadre-deployment-its-the-cadres-you-deploy/
Transnet R400m fraud and corruption case transferred to high court: The R405m Transnet consultancy fraud and corruption case has been transferred to the high ...
timeslive.co.za/news/south-africa/2024-02-23-transnet-r400m-fraud-and-corruption-case-transferred-to-high-court/
NPA has 76 witnesses lined up in ‘make or break’ state capture case: Dates are expected to be set next month for the R405m high court case involving former ...
timeslive.co.za/sunday-times-daily/news/2024-02-25-npa-has-76-witnesses-lined-up-in-make-or-break-state-capture-case/
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Finance Minister Godongwana (finally) shows SOEs some tough love: State-owned enterprises were given no new bailouts in a surprise move by the finance minister
dailymaverick.co.za/article/2024-02-25-finance-minister-godongwana-finally-shows-soes-some-tough-love/
Anoj Singh fails to secure relaxed bail conditions to take up CEO job in Dubai: Former Transnet CFO Anoj Singh's application for relaxed bail conditions to ...
timeslive.co.za/news/south-africa/2024-02-23-anoj-singh-fails-to-secure-relaxed-bail-conditions-to-take-up-ceo-job-in-dubai/
Budget 2024: Transnet gets R47 billion boost to support their recovery plan, sort out debt
iol.co.za/business/budget-2024-transnet-gets-r47-billion-boost-to-support-their-recovery-plan-sort-out-debt-2165855a-228e-49f3-8f1e-58ff6c638eed
Former Transnet CFO Anjoy Singh wants his bail conditions relaxed, so he can work abroad
iol.co.za/news/crime-and-courts/former-transnet-cfo-anjoy-singh-wants-his-bail-conditions-relaxed-so-he-can-work-abroad-2f08b0ab-b640-4e97-b031-9392d751ec7a
Sources say there is political resistance to naming Michelle Phillips to replace Portia Derby at Transnet, details in the #SundayTimesZA .
Anoj Singh wants relaxed bail conditions to snatch permanent CEO job in Dubai: State opposes his application for relaxed bail conditions fearing that he may run ...
timeslive.co.za/sunday-times-daily/news/2024-02-14-anoj-singh-wants-relaxed-bail-conditions-to-snatch-permanent-ceo-job-in-dubai/
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National Treasury says electricity, logistics challenges stifle growth: National Treasury senior official Edgar Sishi said weak investments, lack of electricity ...
iol.co.za/news/politics/national-treasury-says-electricity-logistics-challenges-stifle-growth-0b10dbfd-d356-4390-b1af-7beb61b12a98
Treasury’s Pieterse: Transnet bailout ‘not inevitable’: The 2024 budget is Duncan Pieterse’s first as director general. And he says the fiscal framework does not ...
mg.co.za/business/2024-02-22-treasurys-pieterse-transnet-bailout-not-inevitable/
Truck Traffic Burdens South African Ports as Transnet Rail Options Falter: Coal mines in South Africa — which has the largest proven reserves of the fuel on the ...
bloomberg.com/news/newsletters/2024-02-07/truck-traffic-burdens-south-african-ports-as-transnet-rail-options-falter
Mampara of the week: Anoj Singh: If there were any doubts that Anoj Singh was captured by the Guptas, his latest stunt put them to bed, writes Hogarth.
timeslive.co.za/sunday-times/opinion-and-analysis/hogarth/2024-02-25-mampara-of-the-week-anoj-singh/
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Promises, promises: Following up on Cyril Ramaphosa’s 2023 State of the Nation pledges
dailymaverick.co.za/article/2024-02-07-promises-promises-following-up-on-cyril-ramaphosas-2023-state-of-the-nation-pledges/
State argues that Anoj Singh should not be allowed to work in the UAE, citing the Gupta brothers’ case
iol.co.za/news/crime-and-courts/state-argues-that-anoj-singh-should-not-be-allowed-to-work-in-the-uae-citing-the-gupta-brothers-case-4c60f14a-c79b-46af-bb8d-b714552f032b
After the Bell: You may prefer to sit out Sona 2024. Don’t: The two important announcements will be the new CEO of Transnet and the 2024 elections date ...
dailymaverick.co.za/article/2024-02-07-after-the-bell-you-may-prefer-to-sit-out-sona-2024-dont/
Transnet tackles concerns over livestock carrier causing stench at Cape Town port
iol.co.za/news/south-africa/western-cape/transnet-tackles-concerns-over-livestock-carrier-causing-stench-at-cape-town-port-be622494-3202-4afb-86a9-e18923c2a0e2
Kumba warns that Transnet rail woes continue to ‘pressure value chain’, flags higher earnings
dailymaverick.co.za/article/2024-02-08-kumba-warns-that-transnet-rail-woes-continue-to-pressure-value-chain-flags-higher-earnings/
Sona 2024: Ramaphosa under pressure over last year’s Sona promises: Political parties have called on President Cyril Ramaphosa to fix the ailing economy ...
iol.co.za/news/politics/sona-2024-ramaphosa-under-pressure-over-last-years-sona-promises-4ccbdb2d-a06d-42ac-9c6d-58b3ee16cad3
The bullish case for South Africa : There are grounds for medium-term optimism after years of negative news
ft.com/content/0c180e49-008a-4e48-b030-1d92b8997099
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Former Transnet employee jailed for theft: Joseph Leeuw was convicted on charges of damage to essential infrastructure and assault.
iol.co.za/news/crime-and-courts/former-transnet-employee-jailed-for-theft-8c1479c8-548c-4bf0-92f1-7cf00a180ef3
SA squandering its export opportunities: The impact of the logistics crises caused by Transnet and the ports are having far-reaching negative consequences for ...
mg.co.za/press-releases/2024-02-09-sa-squandering-its-export-opportunities/
Power line routes in the Ortenau district are being bundled: The three power line routes of the various network operators in the Ortenau district will be bundled ...
bo.de/lokales/ortenau/stromleitungstrassen-im-ortenaukreis-werden-gebundelt
Have something to talk about on Monday, get yourself a copy of the #SundayTimesZA .
Click here to subscribe: bit.ly/3sFbGiE
Logistics reforms cannot be rushed: Transnet acting CEO Michelle Phillips: Transnet has told the government it needs more time and cannot meet deadlines ...
timeslive.co.za/sunday-times/business/business/2024-02-06-logistics-reforms-cannot-be-rushed-transnet-acting-ceo-michelle-phillips/
‘Freight rail crisis may have peaked’: Exporters hope the slump in deliveries has hit rock bottom and they are on the way up
timeslive.co.za/sunday-times/business/business/2024-02-04-freight-rail-crisis-may-have-peaked/
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Transnet woes force Kumba to pull the layoffs trigger, putting 490 jobs on the line
dailymaverick.co.za/article/2024-02-20-transnet-woes-force-kumba-to-pull-layoff-trigger-490-jobs-on-line/
Budget 2024: Tough line on bailouts could see Eskom debt relief cut by R2 billion
mg.co.za/business/2024-02-21-budget-2024-tough-line-on-bailouts-could-see-eskom-debt-relief-cut-by-r2-billion/
Budget Speech 2024: What you need to know: A ballooning budget deficit and climbing debt – can the Finance Minister turn the tide on 21 February?
dailymaverick.co.za/article/2024-02-13-budget-speech-2024-what-you-need-to-know/
Electricity price: More than 100 regional providers are increasing prices: More than 100 regional electricity providers in Germany are increasing electricity ...
noz.de/deutschland-welt/niedersachsen/artikel/strompreis-mehr-als-100-regionale-anbieter-erhoehen-die-preise-46425551
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Transnet needs private sector ‘on steroids’: Acting group CEO Michelle Phillips admits company 'in crisis' as fruit farmers threaten to take it to court.
timeslive.co.za/sunday-times/business/business/2024-01-28-transnet-needs-private-sector-on-steroids/
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‘Don’t blame it all on the weather’: industry warns Transnet to get real about ports crisis
timeslive.co.za/sunday-times-daily/news/2024-01-25-dont-blame-it-all-on-the-weather-industry-warns-transnet-to-get-real-about-ports-crisis/
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Another Transnet executive falls — this time, the head of ports infrastructure: CEO of Transnet National Ports Authority Pepi Silinga has taken leave while ...
dailymaverick.co.za/article/2024-01-29-another-transnet-executive-falls-this-time-the-head-of-ports-infrastructure/
Coal terminal sets ‘realistic’ export target: Richards Bay Coal Terminal puts this year’s likely export volume at 50Mt — much lower than what Transnet is ...
timeslive.co.za/sunday-times/business/business/2024-01-28-coal-terminal-sets-realistic-export-target/
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Coal at Risk of Being Stranded in South Africa as Rail Founders: Coal in South Africa, which has the largest proven reserves of the fuel on the continent ...
trib.al/XDv38SI
Richards Bay coal exports hit three-decade low: Richards Bay Coal Terminal on Thursday said it exported 47.21-million tonnes of coal in 2023, down 6 ...
timeslive.co.za/news/south-africa/2024-01-25-richards-bay-coal-exports-hit-three-decade-low/
https://t.co/1fV5KEGWRK's Transnet partially restores service on coal export line https://t.co/sbNPkQOHJx https://t.co/uaQs703hWs
reut.rs/4b1Vqdc
Rail Disruptions Cut South African Coal Exports to 1992 Level: Shipments from South Africa’s biggest coal export facility dropped to the lowest in over three ...
dailymaverick.co.za/article/2024-01-25-rail-disruptions-cut-south-african-coal-exports-to-1992-level/
Golf, luxury and cash — SA govt bribery details emerge as US fines German ‘Gupta-linked’ SAP R4bn
dailymaverick.co.za/article/2024-01-11-golf-luxury-and-cash-sa-govt-bribery-details-emerge-as-us-fines-german-gupta-linked-sap-r4bn/
Godongwana undecided about Transnet cash injection, cites template of failed Eskom bailouts
dailymaverick.co.za/article/2024-01-11-godongwana-undecided-about-transnet-cash-injection-cites-template-of-failed-eskom-bailouts/
SA’s Labor Unions Imperil Billionaire’s Port Takeover: South Africa’s powerful labor unions could scupper the nation’s plans to sell a stake in sub-Saharan ...
dailymaverick.co.za/article/2024-01-11-sas-labor-unions-imperil-billionaires-port-takeover/
South Africa: Transnet Swings to Interim Loss: South Africa’s troubled state logistics firm Transnet SOC Ltd. swung to an interim loss after reporting lower rail ...
bloomberg.com/news/articles/2023-12-22/transnet-swings-to-interim-loss-as-volumes-drop-expenses-climb
Five key economic factors to watch in SA in the coming year: South Africa’s economy is ending the year on a sour note and the outlook for 2024 is dim.
dailymaverick.co.za/article/2023-12-27-five-key-economic-factors-to-watch-in-2024/
SA’s first exports shipped into Africa under African Continental Free Trade Area pact
mg.co.za/politics/2024-01-30-sas-first-exports-shipped-into-africa-under-african-continental-free-trade-area-pact/
Transnet Halts Plan to Allow Private Firms to Operate Key South Africa Rail Line: South Africa’s state-owned ports and rail company withdrew a request for quotes ...
bloomberg.com/news/articles/2023-12-14/transnet-halts-plan-to-allow-private-companies-to-operate-key-rail-line
Daring Rescue: uShaka Sea World saves two Zambezi sharks trapped in Durban Harbour dry dock
iol.co.za/news/south-africa/kwazulu-natal/daring-rescue-ushaka-sea-world-saves-two-zambezi-sharks-trapped-in-durban-harbour-dry-dock-cf234bb3-0612-45fb-b24f-36b5ff58f966
Construction site in Böckingen: siding should make it easier to transport alternating current transformers
stimme.de/regional/heilbronn/stadt/lokales/nebengleis-heilbronn-boeckingen-stadtbahn-transport-wechselstrom-suedlink-art-4882630
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SA’s coal firms expect ‘limited impact’ on export after Transnet train collision and derailment
dailymaverick.co.za/article/2024-01-21-sas-coal-firms-expect-limited-impact-on-export-after-transnet-train-collision-and-derailment/
The Finance Ghost: The market lowdown on Richemont, Motus and Grindrod: There are signs of life on the JSE, at least in terms of updates on Sens ...
dailymaverick.co.za/article/2024-01-21-the-finance-ghost-the-market-lowdown-on-richemont-motus-and-grindrod/
Whitehaven Mulls Sale of 20% of Coal Mine to Steel Producers: Whitehaven Coal Ltd. is studying options to sell a 20% stake in the Blackwater mine to global ...
bloomberg.com/news/articles/2024-01-18/whitehaven-studies-sale-of-20-of-key-mine-to-steel-producers
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South Africa State Firms: Outages Suspended; Karpowership Permit: South African state power utility Eskom Holdings SOC Ltd. suspended electricity outages until ...
dailymaverick.co.za/article/2023-12-18-south-africa-state-firms-outages-suspended-karpowership-permit/
Read the Sunday Times e-edition: There is so much more in the Sunday Times, have your pick, there is something for everyone.
timeslive.co.za/sunday-times/news/2023-07-02-read-the-sunday-times-e-edition/
Transnet Trains Collide Shutting South Africa’s Coal Export Line: Trains on South Africa’s main coal export line collided early on Jan. 14, shutting the route ...
bloomberg.com/news/articles/2024-01-15/transnet-trains-collide-shutting-south-africa-s-coal-export-line
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Unions threaten legal action over jobs at Durban port: Dock workers are demanding transparency over Transnet’s partnership with the Filipino container company ...
mg.co.za/business/2024-01-16-unions-threaten-legal-action-over-jobs-at-durban-port/
Port Captain blames weird weather for congestion crisis — and scientists say he may have a point
timeslive.co.za/sunday-times/news/2023-12-10-port-captain-blames-weird-weather-for-congestion-crisis--and-scientists-say-he-may-have-a-point/
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Transnet has blamed climate change for Cape Town being one of the world’s worst performing ports. Find out why in the #SundayTimesZA tomorrow.
South Africa Will Provide $2.5 Billion Guarantee to Transnet: South Africa’s National Treasury agreed to provide a 47 billion-rand ($2.5 billion) guarantee ...
bloomberg.com/news/articles/2023-12-01/south-africa-will-provide-2-5-billion-guarantee-to-transnet
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Quick Glance: Transnet's Financial Relief: R47 Billion from Treasury
- Transnet faces a huge debt of R135 billion and is unable to borrow from the market.
- Finance minister Enoch Godongwana and National Treasury agreed to a R47 billion credit guarantee facility to alleviate Transnet's financial challenges.
- National Treasury confirmed that Transnet can immediately access R22.8 billion from the facility to address urgent issues, including paying off maturing debts.
- While direct bailout wasn't considered, government expressed confidence in the credit guarantee facility and the recovery plan to resolve Transnet's challenges.
Cabinet approves framework to allow third-party access to rail network: Minister in the Presidency, Khumbudzo Ntshavheni, said the Rail Private Sector ...
iol.co.za/news/politics/cabinet-approves-framework-to-allow-third-party-access-to-rail-network-7c354c5d-a26a-4519-a767-e956a2980e50
Ramaphosa blames Transnet for logistical nightmare at ports in Durban, Richards Bay
iol.co.za/saturday-star/news/ramaphosa-blames-transnet-for-logistical-nightmare-at-ports-in-durban-richards-bay-a6755ab5-0583-4022-bb20-66ddc6e6b620
IFP, DA say coalitions at KZN councils showing results: DA and IFP coalitions in municipalities in KwaZulu-Natal where no party has a majority are "yielding ...
timeslive.co.za/politics/2023-12-08-ifp-da-say-coalitions-at-kzn-councils-showing-results/
The stark choice facing the ANC — renewal or coalition: If the ANC fails to renew itself, it will have no option but to form a coalition after next year’s ...
dailymaverick.co.za/opinionista/2023-11-28-the-stark-choice-facing-the-anc-renewal-or-coalition/
Despite Eskom, Transnet, cost of living crises, Ramaphosa confident of ANC victory
timeslive.co.za/politics/2023-11-25-despite-eskom-transnet-cost-of-living-crises-ramaphosa-confident-of-anc-victory/
Two ex-Transnet employees accused of inflating breathalyser straw prices from 28 cents to R29 could face criminal charges
iol.co.za/news/politics/two-ex-transnet-employees-accused-of-inflating-breathalyser-straw-prices-from-28-cents-to-r29-could-face-criminal-charges-fa1e64bf-b154-4e38-80ed-08c502925d1a
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