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South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) ...
Transnet faces a potential liquidity crisis as Moody's warns of unsustainable capital structure and exhausted government ...
Transport Minister Barbara Creecy has approved a R51 billion guarantee facility for Transnet, a crucial step to support the state-owned entity's capital investment programme and address its debt oblig ...
“The ratings on South Africa benefit from the country’s sizable and sophisticated financial system that ... provided R50 billion in guarantees to Transnet in 2025. However, we expect an ...
However, the nation’s economic activity may be limited due to ongoing logistical issues ... ratings on South Africa are bolstered by the country’s sizable and sophisticated financial system ...
The implementation of a twin peaks model represents a significant change to the South African financial supervisory architecture. The Prudential Authority (PA), operating within the administration of ...
“Our most recent acquisition, that of Lafarge South Africa ... the first half of the financial year, the operation contended with known reliability issues at the cement factory, resulting ...
A complex history, a CEO pursuing solutions, and a premier whose utterances, if taken seriously, will be the final nail in the coffin of a longstanding institution.
Finance Minister Enoch Godongwana indicated that major reforms are being considered to both State spending and the actual ...
“South Africa has largely addressed 20 of the 22 action items outlined by the Financial Action Task Force ... had largely complied with 20 of the 22 issues that got it placed on the grey list ...
Phumlani M. Majozi notes our logistics system issues saw SA record historically low coal and iron-ore exports in 2023 The roadmap to reform Transnet and reform South Africa’s logistics system was ...
S&P Global spared South Africa a downgrade, maintaining its positive outlook thanks to a whisper of reform momentum and ...
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