Transnet
-
Transnet seals 25-year deal with global partner ICTSI to transform Durban port
In a move set to reshape South Africa’s logistics landscape, Transnet SOC Ltd has officially signed a landmark 25-year partnership agreement with International Container Terminal Services Inc (ICTSI), the world’s…
-
Luxury Blue Train targeted by stone-throwers near Kimberley
The Blue Train was recently targeted by stone-throwers near Kimberley, causing damage but no injuries to passengers or crew.
-
R147m set aside for Latimer’s Landing revitalisation project
Transnet National Ports Authority (TNPA) has announced that the much-awaited R147 million Latimer’s Landing revitalisation and redevelopment project at the Port of East London will start soon, with the full…
Source:
-
Former Transnet chiefs to face high court trial over locomotive fraud
Four former senior Transnet executives will face trial in the high court on fraud and corruption charges related to irregular locomotive contracts worth millions of rands. The Palm Ridge Specialised…
-
Dead in the water: Why South African ports can’t stay afloat
South Africa’s ports, managed by state-owned Transnet, have become one of the country’s biggest operational headaches. Inefficient, unreliable, and ranked among the world’s worst performers, they do not facilitate trade…
-
R1 billion lost to Cape Town port inefficiencies — calls for urgent privatisation to protect exports
South Africa’s apple- and pear-export industry is sounding the alarm over mounting losses caused by inefficiencies at the port of Cape Town, estimating that delays and logistical bottlenecks had cost…
Source:
-
‘State Capture’ businessman jailed for R66 million Transnet fraud
A Gauteng businessman has been sentenced to an effective five years in prison in connection with a R66 million Transnet fraud.
-
Brian Molefe and three others granted bail in multi-billion rand state capture scandal
JOHANNESBURG – Four former Transnet executives, including former Group Chief Executive Officer Brian Molefe, appeared in the Palm Ridge Specialised Commercial Crime Court on fraud and corruption charges linked to…
