Transnets

Futuregrowth Asset Management recently raised concerns about the inordinate time it is taking to fill six vacant positions on the Transnet board. These concerns are valid and point to governance issues that should be seriously considered…

South Africa’s Department of Public Enterprises Minister Pravin Gordhan said he’s yet to resolve an impasse with China that’s held up the delivery of locomotives and parts essential to improving the performance of the African nation’s…

Transnet appears to have had enough of locomotive supplier CRRC E-Loco, declaring an “impasse” with the Chinese company over its unwillingness to “engage with the relevant authorities in South Africa to normalise its operations in the…

The United National Transport Union (Untu) says it has rejected Transnet’s latest offer of a 4% to 5% salary increase, subject to employee grade levels, during what it calls “a marathon CCMA-facilitated session”. It notes, however, that…

The Eastern Cape economy, particularly the province’s automotive and agricultural sectors, are set to receive a significant export boost from the R9.1 billion infrastructure development investment by Transnet National Ports Authority…