Transnet receives crucial R94.8 billion government lifeline
Zuko Komisa Image | @transnet_soc/Instagram The South African government has approved an additional R94.8 billion in guarantees for Transnet. This vital funding aims to help the state logistics firm manage its debt, maintain cash flow, and prevent further credit rating downgrades. The support comes as part of ongoing government efforts to improve Transnet's operations and introduce private sector participation in the logistics sector. The South African government has stepped in […]