Commodity prices have dropped significantly over the past year, threatening thousands of jobs in South Africa.
One of South Africa's biggest ports will be partly owned and operated by a private international company.
South Africa has revamped the board of directors at Transnet, including a new chair and several other non-executive directors in a bid to improve the ailing state-owned ports and rail operator.
The country's state-owned logistics company is in dire straits.
Key state companies are seeing hundreds of technicians, artisans and engineers resign or retire.
During a media briefing on Tuesday (25 October), Transnet Freight rail said that cable theft spiked throughout the 12-day strike over wage disputes – further hobbling a service that has already cost exporters billions in rands.
There is some good news for South Africa as the devastating strike at Transnet – costing the country’s economy billions daily – seems to be coming to an end after United Transport & Allied Trade Union (Untu) agreed to a…
The smaller of the two main labor unions at South Africa’s state-owned port and rail operator vowed to continue a strike over wages that are curbing key exports.
The Airlines Association of South Africa (AASA) has warned that knock-on effects from the Transnet strike could exacerbate fuel supply issues and result in a nationwide jet fuel shortage. This devastating prospect could leave airlines grounded during t...
The ongoing strike at Transnet that has crippled South Africa's export capacity will have a massive impact on the economy, even if it comes to an end.