Transnet Freight News Today

Dr Nthabiseng Moleko, a development economist at Stellenbosch Business School, shares her thoughts ahead of the presidents State of the Nation Address on Thursday.

Transnet has recorded another financial loss running into billions of rands. Its rail and port operations remain a mess.

The Shosholoza Meyl resumed long-distance passenger operations this month but there have been many difficulties facing Prasa train services.

Finance and depreciation costs are so high the company cannot deliver the volumes it needs to – Andrew Shaw, group chief officer of strategy and planning, Transnet.

‘The fact is today we transport less goods than we did in 1994, yet the economy has doubled. That just shows you what a crisis were in and how we just simply need to make this our number one priority right now,’ says Cosatu’s parliamentary coordinator, Matthew Parks.

Willie Els, Tambo Springs Logistics Gateway development chairman, says numerous statements made on BizNews by Francois Nortje were inaccurate.

Thungela Resources Ltd on Monday reported that its interim profit plunged by over two-thirds, prompting the coal producer to slash its dividend as it battled against depressed coal prices and...

Train commuters have been urged to seek alternative transport after a Transnet Freight good train derailed.

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