May 28, 2016 1:24 PM ET

Road and Rail

Company Overview of Transnet SOC Limited

Company Overview

Transnet SOC Limited, an integrated freight transport company, provides freight transport and logistics services in South Africa. The company operates through 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 divisio...

Carlton Centre

150 Commissioner Street

Johannesburg,  2001

South Africa

55,613 Employees

Phone:

27 11 308 3000

Fax:

27 11 308 2638

Key Executives for Transnet SOC Limited

Group Chief Executive, Executive Director and Chief Executive of Transnet Freight Rail
Age: 48
Group Chief Financial Officer and Executive Director
Chief Operating Officer
Chief Executive of Transnet National Ports Authority
Age: 51
Chief Executive of Transnet Port Terminals
Age: 46
Compensation as of Fiscal Year 2015.

Transnet SOC Limited Key Developments

Transnet SOC Ltd. Announces Earnings Results for the First Six Months Ended September 30, 2015

Transnet SOC Ltd. announced earnings results for the first six months ended September 30, 2015. The company has reported that profit attributable to the equity holders for the first six months ended September 30, 2015 was ZAR 1.78 billion, compared to ZAR 2.14 billion for the same period ended September 30, 2014. Revenue for the first six months ended September 30, 2015 was ZAR 32.23 billion, compared to ZAR 30.28 billion for the same period ended September 30, 2014. EBITDA for the first six months ended September 30, 2015 was ZAR 13.90 billion, compared to ZAR 12.76 billion for the same period ended September 30, 2014. Profit before taxation for the first six months ended September 30, 2015 was ZAR 2.54 billion, compared to ZAR 3.06 billion for the same period ended September 30, 2014.

Transnet SOC Limited Presents at UBS South Africa Tomorrow Conference, Oct-05-2015

Transnet SOC Limited Presents at UBS South Africa Tomorrow Conference, Oct-05-2015 . Venue: Westin Grand Central, New York, New York, United States.

Transnet Secures $231 Million Loan to Fund Bombardier Locomotives

Transnet has signed a ZAR 2.8 billion ($231 million) loan with Germany's KfW Development Bank to fund the purchase of 240 electric locomotives, which are part of the company's 1,064 locomotives acquisition programme. The loan will contribute 20% to the total financing for the procurement of these 240 electric locomotives by the South African company from Bombardier Transportation. The loan will mature in 15 years, with a five-year grace period in which the company will only be paying interest.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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