Tag: Transnet

South Africa reopens vital rail corridor to world markets after storm damage

Transnet has fully reopened South Africa’s Cape Mainline after May storms disrupted freight services for more than two months.

Omokolade Ajayi Omokolade Ajayi

Transnet seeks Private partners to revive 9,098km of South Africa rail

Transnet seeks private partners to revive 9,098km of South Africa’s rail network as the government pushes to improve freight logistics and capacity.

Oluwatosin Alao Oluwatosin Alao

Transnet targets Carlton centre and 14 other properties for sale in South Africa

Transnet plans to sell 15 non-core properties across South Africa, including Johannesburg’s iconic Carlton Centre, shopping centres and golf courses.

Oluwatosin Alao Oluwatosin Alao

Transnet seeks $2.2 billion from South Africa Treasury for projects through 2030 

Transnet seeks $2.2 billion funding from South Africa’s Treasury to upgrade rail and port infrastructure through 2030.

Timilehin Adejumobi Timilehin Adejumobi

Transnet to invest $8 billion in 5-year turnaround plan

Transnet will invest $8 billion over five years to fix rail and ports, cut costs, and restore growth and investor confidence.

Feyisayo Ajayi Feyisayo Ajayi

Transnet completes $246 million upgrade at Africa’s largest iron ore terminal

Transnet completes a $246 million Saldanha upgrade, boosting South Africa iron ore exports and mining logistics capacity.

Oluwatosin Alao Oluwatosin Alao

South Africa’s Transnet signs $1.3 billion LNG terminal deal at Ngqura

Transnet signs a $1.3 billion LNG terminal deal at Ngqura as South Africa accelerates its transition to gas energy.

Timilehin Adejumobi Timilehin Adejumobi

Transnet opens South Africa rail network to Grindrod, Minrail

Transnet opens South Africa’s freight rail network to private operators including Grindrod and Minrail to ease export bottlenecks.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s Transnet gets $352 million French funding for clean ports

South Africa’s state-owned logistics operator Transnet and France, through Agence Française de Développement, have signed a $352 million loan agreement worth about R5.86 billion. The deal is aimed at helping South Africa modernize its ports and freight rail network while reducing emissions across key transport corridors.  The agreement comes as South Africa continues to wrestle with persistent freight rail delays,…

Oluwatosin Alao Oluwatosin Alao

African Rail Co. backs South Africa freight rail expansion with $170 million

African Rail Co. plans a $170 million investment to expand freight rail services across South Africa and Southern Africa.

Timilehin Adejumobi Timilehin Adejumobi