Tag: Transnet
Transnet to launch container train to reduce road traffic
South African freight rail and port company, Transnet announced it is switching its container transport strategy from road to rail in a bid to ease traffic congestion and improve efficiency at...
CT terminals operational – Transnet
The Cape Town Container Terminal (CTCT) and the Cape Town Multi-Purpose Terminal remain operational despite the increasing number of positive COVID-19 cases in the Western Cape. These terminals have been moving...
Transnet breaks records with 4km long production train – the longest in the world
The 375-wagon train is now in operation on its manganese line between Sishen and Saldanha Bay.
Freight and ports parastatal Transnet has officially put its world record-breaking 375-wagon train into operation on...
Transnet paid Trillian R93 million for five-day work
The state capture commission of inquiry has heard how Gupta-linked consultancy firm Trillian was paid R93 million for just five days of work.
This was the evidence of corporate finance expert Dr...
Mahomedy takes over as Transnet CEO from Morwe
The surprise news this week was that the acting group chief executive of Transnet, Tau Morwe, would not have his six-month term extended and was to be replaced by yet another...
How a solar plant is changing the fortunes of a small-town economy
The railway town of Touwsrivier is hardly the thriving economy it once was. But the presence of a solar plant will hopefully be the catalyst needed to reignite the small town's...
Siyabonga Gama may soon be out as Transnet head, say sources
Siyabonga Gama will be removed as chief executive officer of Transnet, the state-owned ports and rail company, two people familiar with the situation said.
The board of the company made...
D-day for Transnet executives
Three Transnet executives have until the end of business today to save their jobs or face suspension.
Chief executive Siyabonga Gama, chief procurement officer Thamsanqa Jiyane and supply chain manager...
Transnet wasted billions on trains
Transnet SOC Ltd, South Africa’s port and freight-rail operator, squandered billions of rand and broke a raft of regulations when it altered the terms of a deal to buy 1,064 new...
Molefe to cut ‘deep claws’ of corruption at Transnet
South Africa’s port and freight operator needs to cleanse itself of “pervasive corruption” so it can improve efficiencies and win back public and investor confidence, its interim chairman said.
Together...