
Transnet reports R7.3 billion compared with a restated R5.1 billion loss in 2023
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GUEST - Mesela Nhlapo - Chief Executive Officer of African Rail Industry Association (ARIA)
The company reported a slight improvement across operations as recovery plans have helped volumes to increase, but it has recently been hit by a judgment in which Transnet was ordered to pay over R9 billion to Sasol and TotalEnergies.
The company reported a slight improvement across operations as recovery plans have helped volumes to increase, but it has recently been hit by a judgment in which Transnet was ordered to pay over R9 billion to Sasol and TotalEnergies.