Transnet seeking R50bn for mission critical capex
TRANSNET needs at least R50bn in funding to eradicate the current maintenance backlog on its rail network and to restore it to its full...
Transnet pencils in net profit for 2025 if capital funding secured
TRANSNET set out plans to return to profit in its 2024/25 financial year as part of a turnaround plan in which it confirmed the...
Transnet asks Govt. for bail out to enable capital investment
STATE-owned rail and ports company Transnet has asked Government to help pay off R130bn in debt before catching up on its maintenance and capital...
Rail roadmap outlines private investment on bulk mineral rail routes
TRANSNET Freight Rail's (TFR's) customers will be able to negotiate rail use rates in return for capital investment in terms of draft roadmap that stops...
Transnet to meet with Government this week to finalise turnaround plan
SOUTH Africa's state-owned rail and ports company Transnet will this week meet with Government's department of public enterprises to discuss operational upgrades aimed at...
SA starts talks with World Bank over $1bn loan for Eskom,...
SOUTH Africa has opened discussions with the World Bank over a $1bn loan to help upgrade power and logistics infrastructure, said BusinessLive.
The "discussions about...
How the mining industry can kickstart gender diversity
"IT'S a man’s world."
James Brown sang the lyric that for decades has been repurposed to describe the global mining industry. But what is so...
Mantashe says executive exodus is “mice running from methane”
SOUTH African mines and energy minister Gwede Mantashe resorted to mining analogy to comment on recent executive and non-executive departures at Transnet and Eskom.
In...
SA forgoing billions of rands in output – Anglo’s Wanblad
SOUTH Africa was forgoing billions of rands in output owing to a deteriorating business environment, said BusinessLive citing Anglo American boss Duncan Wanblad.
Speaking at...
Mantashe sets new deadline for SA’s long-delayed cadastre
THE winning bidder to provide South Africa with a long-awaited mining cadastral system will be announced before the end of October – if all...