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Freight|Logistics|Transnet|transport
Freight|Logistics|Transnet|transport
freight|logistics|transnet|transport

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27th June 2025

     

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Struggling State-owned freight logistics group Transnet has been granted an additional R51-billion guarantee facility, having been granted a R47-billion guarantee in 2023. “Given Transnet’s debt redemptions over its five-year corporate plan period of R99.6-billion, the government has initiated a process to allocate additional guarantees to Transnet, to at least cover the entire redemptions over the corporate plan period,” Transport Minister Barbara Creecy said, indicating that details would be finalised by July 25.

Edited by Creamer Media Reporter

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ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.

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Amsted Reelin

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