Transnet SOC Ltd.’s bonds rallied after South Africa’s government approved billions of dollars in guarantees to further support the debt-laden state-owned rail and port operator. The 94.8 billion-rand ...
Iran closed the Strait of Hormuz on Tuesday, following conflict with the US and Israel.
South Africa’s government approved 94.8 billion rand ($5.3 billion) in guarantees to further support the beleaguered state-owned rail and port operator Transnet SOC Ltd. The allocation includes 48.6 ...
Although Transnet has not yet met its own targets, the Medium- Term Budget Policy Statement (MTBPS) notes that progress has been made. In particular, the Treasury said that Transnet's freight rail ...
JOHANNESBURG, Sept 5 (Reuters) - South African freight rail and ports company Transnet made a smaller loss in the last financial year and said on Friday its turnaround programme was starting to ...
JOHANNESBURG, Nov 25 (Reuters) - France's development agency has agreed to give South African state-owned logistics group Transnet a 300 million euro ($345.78 million) loan for clean energy ...