Former | Transnet

Former Transnet exec Tau Morwe on SA’s rail disaster: “Bring back the Railway Police”

In a recent interview, former Financial Mail deputy editor David Williams told Alec Hogg about the poor state of the South African railways are currently in. Williams revealed the lack of security, clashes between Transnet and PRASA, as well as the poor governance that led to the rapid demise of our railway system. “This company…

MAILBOX: Transnet reports over 1,000 km of copper cable stolen in 2021
MAILBOX | Transnet

MAILBOX: Transnet reports over 1,000 km of copper cable stolen in 2021

It’s no secret that Transnet – one of South Africa’s embattled SOEs – is riddled with issues. From huge debt and declining market share to the cancer of massive cable theft, Transnet is a serious threat to the economic recovery of our country. Following Finance Minister Enoch Godongwana’s Budget Speech last week, BizNews founder Alec…

Thungela’s wild ride as Transnet woes continue unabated
Thungela’s | Transnet

Thungela’s wild ride as Transnet woes continue unabated

By Justin Rowe-Roberts, investment correspondent  Transnet – the legacy-stricken rail, port and pipeline company – continues to face headwinds costing the mining industry billions of rands in lost revenue. Anglo American spin-off, Thungela Resources, has been one of the commodity counters worst affected, with the coal producer feeling the pinch owing to rail network issues…

split | Transnet

The mess that is Transnet should be split into 10 or 12 private businesses – Francois Nortje

Francois Nortje, director of Distribution Junxion at Port of Gauteng, joined Alec Hogg to discuss the recent cyber attack on Transnet. Nortje says he is not surprised because Transnet is a soft target for organised crimes, including cable and fuel theft. His advice is to break the organisation up into smaller private companies because employees…