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Moneyweb·September 10, 2026 at 11:24 AM

South African state-owned logistics company Transnet has returned to profitability, according to Moneyweb, though it cautions that a long road to recovery remains. Freight rail volumes are increasing, but they remain below the targets set by Transnet management and the board, indicating that operational performance still lags ambitions despite the improved financial results.

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TransnetSouth Africafreight railprofitabilitylogistics

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