Double trouble for South Africa’s Transnet
NewsThe 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.
Transnet SOC, South Africa’s state-controlled ports, freight rail and pipelines’ company, has successfully secured ZAR13B (US$1.1B) in funding from various domestic and international financial institutions.
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