South Africa Will Provide $2.5 Billion Guarantee to Transnet
South Africa’s National Treasury agreed to provide a 47 billion-rand ($2.5 billion) guarantee facility to Transnet SOC Ltd.,
2023-12-01 14:50
ArcelorMittal to Cut 3,500 Jobs in South Africa as Growth Slows
ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs,
2023-11-28 16:21
Transnet Needs More Than a Plan to Fix South Africa’s Logistics
South Africa’s Transnet SOC Ltd. has a turnaround plan to ease port and rail snarl-ups that have hamstrung
2023-11-24 12:49
Failing Rail, Ports Are New South African Growth Risk, SARB Says
South Africa’s central bank is concerned that the country’s failing port and rail network is thwarting efforts to
2023-11-24 00:00
Tax Shortfall Lumps South Africa With No-Good-News Budget
South African Finance Minister Enoch Godongwana is in a bind as he reworks the nation’s budget in the
2023-10-30 13:56
Karpowership Wins Environment Permit for South African Power Plant
Karpowership won environmental authorization for one of three ship-mounted power plants it wants to connect to the South
2023-10-27 13:59
Embattled Transnet Seeks South Africa’s Support to Turnaround
South Africa’s embattled state-owned freight-rail and ports company identified areas that require immediate state support in a turnaround
2023-10-16 14:53
Eskom to Have a CEO by Year End, South Africa’s Gordhan Says
South Africa’s protracted search for Eskom Holdings SOC Ltd.’s new chief executive officer will end by December, according
2023-10-06 15:18
South Africa’s Transnet May Rehire Skilled Workers: Sunday Times
South Africa’s state transport company could rehire hundreds of skilled railway staff laid off two years ago by
2023-10-01 18:49
Glencore and Seriti Weigh Job Cuts in South Africa Due to ‘Dire’ Train Situation
Glencore Plc and Seriti Resources Holdings Ltd. are in talks to cut hundreds of jobs in South Africa
2023-09-27 23:19
Transnet CEO Gets Removal Call From Businesses Near Biggest Port
The business chamber of Durban, home to Africa’s biggest port, has demanded the removal of top management at
2023-09-16 20:45
Thungela’s Profit Drops on Cheaper Coal, South African Rail
South African coal exporter Thungela Resources Ltd. saw profits plunge by 69% in the first half of the
2023-08-21 22:55