Transnet seeks private operator for Port of Cape Town liquid bulk terminal

The volume of mining commodities handled by Transnet has fallen from 181.1 Mt in financial year 2020-21 to 149.5 Mt in 2022-23, with coal particularly affected.

South African iron ore mining firm Kumba has blamed lower profits for the first half of this year on train cancellations and a total of four derailments.

With weak revenue and investment within South Africa, Transnet has announced plans to achieve its planned expansion through new investment in the rest of Africa and the Middle East.

South Africa’s Transnet Freight Rail (TFR) has announced another achievement, breaking its monthly record for the amount of coal it transports to RBCT.

South African transport utility Transnet has become embroiled in the long running scandal over the Gupta family’s influence over government.

South African president Jacob Zuma has unveiled the first locomotive to be designed, engineered and manufactured in Africa.