Corruption-accused Anoj Singh wants to work for Gupta-linked company in Dubai
Former Eskom and Transnet chief financial officer Anoj Singh has plans to head a Gupta-linked company in Dubai, City Press reports.
Singh is currently awaiting trial after being arrested alongside former Eskom and...
South African train operators driving "blind"
Rampant cable theft has damaged South Africa's railway signalling systems to the extent that train operators are effectively forced to operate "blindly", necessitating frequent stops at railway transfer stations and manual phone-ins to avoid train...
Trains collide on Transnet's main coal export line
Trains on South Africa’s main coal export line collided early on 14 January, shutting the route that’s been plagued with issues, according to state logistics company Transnet SOC Ltd.
Workers are trying to clear the two trains that were...
Ramaphosa says Transnet will remain state-owned
South African President Cyril Ramaphosa reiterated that his administration wasn’t moving to privatise state-owned companies as the government initiates reforms to clean up their balance sheets and revive their performance.
Private sector...
South African government has plan for private companies to take over Transnet mess
The South African presidency has a plan to reverse the collapse of a state-run ports and freight-rail sector that’s cost the economy at least $26.7 billion (R502.33 billion) since 2010: hand over most of the...
Telkom appoints Transnet's Nonkululeko Dlamini as new CFO
Telkom has announced the appointment of outgoing Transnet chief financial officer (CFO) Nonkululeko Dlamini as its new group financial head and executive director.
Telkom's board said Dlamini would assume her new role as CFO from 1...
Goodbye Portia Derby
Transnet CEO Portia Derby and CFO Nonkululeko Dlamini have resigned following pressure from business lobby groups, mining companies, and unions.
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...
Transnet opens bids for construction of SA's first hydrogen port
South Africa’s state logistics company has taken a key step toward the construction of a new port to ship commodities including hydrogen derivatives.
Transnet National Ports Authority selected three consortiums that will now be...
I've been trying to get in touch with anyone that works with the Transnet Pension Fund but no response. I've called, messaged them on Facebook, and emailed them via contact details at transnet.net and nothing.
Is there another way to contact them?
I need to do a thing (for my mother) that...
Gordhan visiting China to handle train delivery mess
South African Public Enterprises Minister Pravin Gordhan will travel to China in April to discuss an impasse that’s blocked the delivery of locomotives and spare parts.
Gordhan will meet his Chinese counterpart to discuss the failure by a...
South Africa falling apart
South Africa’s largest companies have lamented the impact of increased and erratic load-shedding, rail constraints, and port delays on their operations.
Chantal Marx of FNB Investments said there is a clear trend in the trading updates from JSE-listed companies this...
Best backup and disaster recovery for South African businesses
South African companies should have robust backup and disaster recovery systems to protect their critical data and that of their customers.
Several factors, including power outages, hardware failures, and cyber attacks, can lead to...
Eskom bleeding engineers and technicians
Hundreds of skilled artisans, technicians, and engineers are walking away from South Africa's state-owned companies, including Eskom, and they aren't hiring enough qualified workers to compensate for the losses.
This is according to responses to...
Biggest Transnet worker union agrees to wage deal
South Africa’s state-owned ports and rail operator reached a three-year wage deal with its biggest labour union, with its members agreeing to immediately call off a strike that caused a costly slowdown of exports of minerals and other goods...
Europe's coal imports hammered by Transnet strike
The price of importing coal to Europe’s largest ports rose the most since May as a strike in South Africa curtails shipments of the fuel during the middle of an energy crisis.
The action by Transnet SOC Ltd. employees is “lasting longer than...
Transnet workers going on strike — brace for shipping delays
Labour unions at South Africa’s state-owned ports and freight-rail company threatened to begin a strike this week after rejecting its latest wage offer, a move that may curb shipments of coal and other minerals.
The United National...
Former Eskom and Transnet bosses arrested
Former Eskom and Transnet executives Brian Molefe and Anoj Singh were among several former high-profile Transnet employees arrested on Monday morning for their alleged role in a corrupt train tender, News24 reports.
According to a statement from the...