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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, which is pivotal to the country’s freight rail and port systems, has been grappling with substantial operational ...
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 ...
This Selected Issues paper analyzes impact of debt on growth in South Africa. A permanent increase of four percentage ... large debt accumulation helped smooth the impact of the global financial ...
“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 ...
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Daily Maverick on MSNInvesting in the future – South Africa’s budget focuses on infrastructure and social welfareThe decision to do away with the VAT increase, without a viable alternative source of revenue, significantly reduced our ability to fund additional government programmes and projects to the extent we ...
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 ...
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 ...
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