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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 ...
S&P Global Ratings has placed state-owned logistics giant Transnet on credit watch citing concerns over the company’s financial stability ... a pivotal role in South Africa’s logistics sector ...
Transnet tabled a revised three-year wage offer to its recognised labour unions, United National Transport Union and South African ... fair,” citing its current financial and operational challenges.
It primarily focuses on the arrangements for early intervention, recovery, resolution, and financial safety nets for banks in South Africa. To a lesser extent, the note also addresses issues relating ...
(ICTSI), has reaffirmed the legitimacy of its partnership with Transnet for the development ... could significantly impact one of South Africa’s crucial trade gateways. The High Court issued ...
Beneath all this, there is a current of deeply conflicting, racially aligned views on how to resolve the country’s biggest problems. Within the second-largest economy in Africa, a plethora of ...
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