Transnet SOC Ltd, together with its subsidiaries, provides freight transport and handling services in South Africa. It operates in five divisions: Freight Rail, Engineering, National Ports Authority, Port Terminals, and Pipelines. The Freight Rail division specializes in the transportation of freight for mining, heavy, and light manufacturing industries, as well as maintains a rail network across South Africa that connects with other rail networks in the sub-Saharan region. This division transports automotives, containers, lime and cement, coal, grains, agriculture products, fuels, chemicals, fertilizers, chrome and manganese, and granites. The Engineering division offers a range of services...
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Government May Sell Non-Essential Assets
Dec 12 14
The government has the option of selling part of Transnet SOC Limited, Denel SOC Limited, South African Forestry Company Limited, Alexkor SOC Limited and South African Airways SOC Limited.
Transnet Sees Durban Harbour's Expansion Deferred
Jan 29 14
Transnet is seeing its project for the expansion of three berths at Maydon Wharf terminal in Durban harbour delayed due to safety issues. Two of the environmental impact assessment (EIA) for the projects have been turned down by the country's Department of Environmental Affairs as the latter has questioned the risks of a rise in sea level due to climate change. Transnet's plan, valued at ZAR 21.3 billion, involves deepening the berths from 12.8 metres (42 ft) to 16.5 metres in order to accommodate larger vessels with a cargo exceeding 10,000 TEU of containers. The company cannot start building the berths until it receives a final environmental assessment.