Transnet

South Africa’s largest iron ore producer, Kumba Iron Ore, has announced a drastic cut in its production and sales targets for the next three years, citing ongoing challenges with the …

South Africa’s state-owned rail and ports operator, Transnet, received a 47 billion rand ($2.5 billion) support package from the National Treasury, sending its bonds soaring to record levels. The bailout …

South Africa’s state-owned freight-rail and ports company, Transnet, is seeking urgent financial support from the government to implement a turnaround plan that aims to restore its operational and financial performance. …

South Africa’s government has unveiled a bold plan to boost its economy by handing over most of the responsibility for its struggling rail and port sector to the private sector. …