Latest News & Developments
rail
The Hangout: A new brew on the choo choo
Recently crowned the fourth-best luxury train experience in the world for 2025 (thanks to a study by Japan Rail Pass), Rovos Rail is less about rushing and more about savoring every mile—in serious style. Think: plush suites, old-school elegance, and ever-changing African landscapes gliding past your window like a living postcard. I already feel like I’m daydreaming just thinking about it.
Rehabilitation of rail network is key to KZN logistics sector, says Duma
KZN’s Department of Transport MEC Siboniso Duma highlights the urgent need for increased funding to address the extensive damage caused by floods.
Summit is a pivotal moment for South Africa's citrus industry - CGA
The CGA calculated that in three years' time, the weekly truck trips from the Northern citrus regions would increase from 2 200 trips per week to well more than 3 800 citrus truck trips per week. We are running out of road and we are running out of time.
SONA: Freight industry demands faster reform implementation
South African freight and travel industry leaders respond to President Ramaphosa's SONA commitments on logistics reform, calling for accelerated implementation and concrete timelines for infrastructure improvements.
Kumba’s Transnet woes and De Beers’ impairments weigh on Anglo American's performance
Anglo American grapples with South African logistics challenges impacting Kumba Iron Ore, while De Beers faces financial setbacks due to weak diamond market conditions.
Transnet Engineering reports success in returning locomotives to service
Transnet Engineering's acting CEO reveals significant progress in returning idle locomotives to service and identifies three promising areas for private sector collaboration, including legacy fleet operations, foundry services, and the Trans-Africa Locomotive project.
Sona and budget can give impetus to growth initiatives - BLSA
Sona can reinforce the plans for action to deliver 3% economic growth by year-end
Transnet aims to boost rail capacity by 6 million tons in 2025 despite challenges
Contrary to previous expectations that coal demand peaked in 2019, 2024 saw record levels of production, consumption, and trade.
Rail industry players welcome Transnet's network statement despite funding concerns
South Africa's rail network takes significant step towards privatisation as industry leaders endorse Transnet's new network statement, despite ongoing concerns about financial viability.
MK Party criticises Transport Minister's approval of rail network changes
The MK Party has voiced concerns over Transport Minister Barbara Creecy's approval of the Transnet Network Statement, warning that the move could negatively impact South Africa’s economy and job market
Transnet requires over R70bn to revive deteriorating rail network
Sangqu on Monday confirmed that the year-to-date figures, week 37 showed that 522 kilometres of cable has been lost by the utility and cost Transnet about R4bn in lost revenue.
S&P places Transnet on credit watch amid financial and operational challenges
Transnet’s elevated debt is projected to climb from R134. 7bn in fiscal 2024 to R151bn by fiscal 2025.
Maureen’s back on track!
Revival of steam railway history as Maureen returns to service after more than a decade.
RATP Dev’s Reaffirmation: A mixed bag of promises for South Africa’s rail sector
RATP Dev launches a new consortium aimed at enhancing South Africa's rail infrastructure, but will their promises translate into real improvements for commuters?
City of Cape Town sets conditions for rail takeover
According to the City’s Rail Feasibility Study, the passenger rail services would be more efficient and fully functional under the municipality.
KZN emerges as a beacon of economic growth with a 1. 1 percent growth rate
KwaZulu-Natal is leading South Africa's economic rebound with a remarkable 1. 1 percent growth rate.
How effective capital allocation can transform SA’s SOCs
Explore how strategic capital allocation and optimal capital structure can enhance the performance of South Africa's state-owned companies, driving inclusive growth and sustainable development
Mashatile tells Parliament that SA is open for foreign investment
Deputy President Mashatile is of the view that South Africa should prioritise its objectives of growing an inclusive economy that creating jobs.
Railway Safety Report: 85 deaths and 181 injuries recorded in 2023/2024
The rise in security-related incidents highlights a different kind of challenge, reminding us that safety in the railway sector is multifaceted and extends beyond the rails and rolling stock.
Godongwana’s mid-term review showed that SA is trying to stabilise debt issue - analyst
Government remains committed to achieving debt-stabilising primary budget surpluses.
MTBPS: Transnet needs to shed non-core assets, explore alternative funding models
Treasury reveals critical measures to address Transnet's operational crisis, including a R47 billion guarantee facility and ambitious asset restructuring plans. The state-owned entity's poor performance has cost the economy over R350 billion in 2023 alone.
Transnet overhauls its procurement policies to boost private sector partnerships
Transnet announces significant changes to its procurement and supply chain management policies, aiming to streamline operations and foster private sector partnerships. The state-owned utility's bold move comes amid financial challenges and operational hurdles, with new policies set to take effect from October 2024.
AG raises alarm over Transnet's financial sustainability, mounting liabilities
Transnet’s financial woes are underscored by a staggering debt load of R137 billion, with annual service costs exceeding R14bn.
Transnet’s recovery plan: challenges and progress amid financial strain
It said a decline in profits had been accelerated by legal obligations, after the Gauteng High Court earlier this year awarded Sasol and TotalEnergies R6bn in damages over a battle with Transnet over tariffs for the transportation of crude oil.
Potholes Surge in SA: Over R15 million paid to motorists due to pothole damages
Over R15 million has been paid to motorists across the country by Sanral, after their vehicles were damaged by the pothole-riddled national roads over the past two years, highlighting the dire state of roads in the country.