JOHANNESBURG, Jan 12 (Reuters) - South Africa's state-owned logistics company Transnet on Thursday said it reached an "impasse" in talks with Chinese rail equipment manufacturer CRRC E-Loco, despite ...
South Africa’s state-owned freight company Transnet is asking lenders to relax financial tests on loans as it prepares to roll over $200 million-plus in debt in planned refinancing this year, it told ...
Transnet, South Africa's state-owned freight and logistics company, is grappling with a severe operational crisis due to a significant maintenance backlog, idle locomotives, and ongoing supplier ...
South Africa's Transnet said on Wednesday it had agreed to resolve its legal disputes over procurement contracts with the local unit of China's CRRC Corp, clearing the way for the supply of critical ...
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April 4 (Reuters) - South Africa's Transnet is looking for a partner in a venture to acquire and lease rolling stock to rail operators, it said on Tuesday, as it seeks to overcome logistics problems ...
State-owned freight and logistics company, Transnet, is facing mounting financial and operational pressures, with rising debt, missed volume targets and a growing maintenance backlog casting doubt ...
South Africa’s Department of Public Enterprises Minister Pravin Gordhan said he’s yet to resolve an impasse with China that’s held up the delivery of locomotives and parts essential to improving the ...
Cape Town - Zolile Magugu, an adviser to deputy president Phumzile Mlambo-Ngcuka, and Khulu Mbatha, a former acting director-general of the department of home affairs, will benefit from the R3.5 ...
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