Page 4 - Transnet Freight News Today

Minerals Council SA says Transnet's failing rail and port systems have resulted in a R50 billion export loss for the mining sector so far this year.

Minerals Council SA says Transnet's failing rail and port systems have resulted in a R50 billion export loss for the mining sector so far this year.

Former Transnet chief executive Siyabonga Gama and four others have been arrested on charges of fraud, corruption and money laundering.

The OR Tambo International Airport has been able to secure an additional 20 million litres of fuel, which is set to arrive by 27 May.

Supplies of jet fuel to OR Tambo, one of the busiest airports in Africa, have been negatively impacted in recent weeks by the floods in KwaZulu-Natal, which have damaged railway lines operated by Transnet Freight Rail.

Steve Jobs famously said that one can only connect the dots backwards. We connect the dots on government’s economic policy since 2018. The dots tell us what has been done, not what will be done nor what has been promised. They help us to distinguish between daily headlines and longer-term trends. (I apologise in advance that this read is longer than usual – there are just too many dots!) Supportive macro-economic framework

The private sector may have access to SA’s rail network for the first time in 160 years. Although presenting real opportunities for those willing to take the risk, big hurdles will have to be overcome. The private sector may have access to SA’s rail network for the first time in 160 years....

The miner posted strong annual results on the back of strong coal prices and despite severe logistics issues.

The Zondo commission found evidence to suggest that Transnet was the primary site of state capture in financial terms

“Improbable”, “a fabrication” and should be rejected. This is what the Zondo commission of inquiry into state capture has found regarding former pres