Former Transnet group CEO Brian Molefe has dismissed a forensic report that suggested the freight company would have saved R1.2 billion if it purchased locomotives from a different company rather than ...
Transnet on Wednesday celebrated a major milestone in its fleet renewal programme as the 200th Traxx 23E locomotive was completed at its Durban manufacturing facility. The locomotive forms part of the ...
Transnet has unveiled one of the first locomotives to be designed, engineered, and manufactured in Africa. Developed by the company's engineering and manufacturing division Transnet Engineering (TE), ...
South African freight transport firm Transnet has signed a R12bn ($854m) club loan with five financial institutions to fund new locomotives. According to Transnet, the agreements confirmed ‘buoyant ...
Transnet’s grand locomotive deal was meant to modernise South Africa’s rail backbone. Instead, it opened a funding pipeline that flowed through Gupta-linked Trillian Capital Partners and followed ...
The project involves the acquisition of 1 064 locomotives – 599 electric and 465 diesel – for TFR's General Freight Business (GFB) unit by 2018. Contracts for the project have been awarded to ...
Transnet Engineering (TE), responsible for the maintenance of the utilities rolling stock and key equipment in the ports, has made headway on getting more locomotives onto the tracks and has ...