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The Manila-headquartered International Container Terminal Services - an operator of 34 terminals in 20 countries - will jointly develop and upgrade Transnet's largest container terminal over the next 25 years.
Four people, including two former Transnet senior officials, have appeared in the Palm Ridge Specialised Commercial Crimes Court for their alleged role in the multimillion rand Transnet locomotives tender scandal.
Transnet and CRRC-E-Loco are state-owned entities. Their dispute necessarily translates to a dispute between China and South Africa, writes Vuslat Bayoglu.
Transnet is struggling. The embattled freight railway and ports company — owned by the South African state — has faced corruption, setbacks and delays that have cost the public billions. But while some key figures have been criminally charged, others at the centre of Transnet’s capture and near...
The attack on Transnet CEO Portia Derby follows that on Eskom CEO André de Ruyter a week ago by the same MPs and comes as the ANC begins to fear the consequences of failing state-owned enterprises at the ballot box next year.