South Africa’s state-owned transport and logistics company, Transnet SOC Ltd., will run out of money for operations and debt-servicing within three months unless it gets a government bailout ...

Transport Minister Barbara Creecy has approved a R51 billion guarantee facility for Transnet, a crucial step to support the state-owned entity's capital investment programme and address its debt oblig ...

JOHANNESBURG, May 19 (Reuters) - South Africa's President Cyril Ramaphosa ... Reuters provides business, financial, national and international news to professionals via desktop terminals, the ...

Transnet is a key player in the South African economy. The 2022/23 performance, together with the Auditor General's critical findings, calls for urgent and corrective action, particularly within the ...

S&P Global spared South Africa a downgrade, maintaining its positive outlook thanks to a whisper of reform momentum and ...

After a review of South Africa ... because financial firms were no longer clearly delineated along different sectors; such as banks, insurers and stockbrokers. Taylor pointed at that when single firms ...

The implementation of a twin peaks model represents a significant change to the South African financial supervisory architecture. The Prudential Authority (PA), operating within the administration of ...

Enter money mules: an integral part of the money laundering and fraud ecosystem in South Africa and globally. Financial institutions (FIs) in South Africa must consider the regulatory context ...

Infrastructure South ... Africa and the United States. South African sprinter, Akani Simbine, continued his dominance in the United States when he surged to victory in the 100m at the Atlanta City ...

“The ratings on South Africa benefit from the country’s sizable and sophisticated financial system that ... provided R50 billion in guarantees to Transnet in 2025. However, we expect an ...