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transnet freight rail
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More mining jobs to be lost as Kumba announces retrenchments
Kumba announced on Monday that it would start a section 189A process, which could result in 490 job losses across its operations. This is due to the group having to slow down production in response to a deterioration in Transnet rail services. These measures will contribute to about R2.5bn to...- pratlou
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- anglo american kumba iron ore transnet freight rail
- Replies: 14
- Forum: News and Current Affairs
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Transnet disaster
Transnet disaster South Africa pledged to end the underperformance of its state-owned port and rail operator that’s crimped mining companies’ profits. Transnet SOC Ltd. on Friday reported a R5.7 billion rand loss for the year ending 31 March 2023, compared with a R5 billion profit in 2022...- Hanno Labuschagne
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- department of public enterprises (dpe) pravin gordhan state-owned entities transnet transnet freight rail
- Replies: 3
- Forum: News and Current Affairs