
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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South African state-owned logistics company Transnet reported a R4.6 billion profit for the year ended 31 March 2026, its first annual profit in four years, reversing a R1.9 billion loss a year earlier. According to IOL, the company attributed the turnaround to higher rail and pipeline volumes, tariff increases, and a R12.5 billion gain from the sale of a stake in the Durban Gateway Terminal.
IOL·September 10, 2026 at 11:27 AM
Moneyweb reports that farming organisation Saai has called for an end to a state-run vaccine distributor, according to its headline. The same bulletin notes Transnet has returned to profit while questions remain over whether this reflects a genuine turnaround or a business still under pressure. It also flags possible effects of Gauteng’s proposed megacity plan for residents and businesses.
Moneyweb·September 10, 2026 at 11:14 AM
Exxaro Resources has expressed optimism about increasing its coal exports, contingent on improvements to the rail infrastructure managed by Transnet. The company emphasizes that coal is crucial for its earnings, cash flow, and sustainable returns.
The Citizen Business·June 23, 2026 at 12:35 PM
Transnet has completed restoration work on a key commodity rail line that was extensively damaged by severe weather earlier in the year. According to SABC Business, heavy rainfall, strong winds and flooding in May caused significant damage to the rail infrastructure, disrupting operations on the route. The state-owned freight and logistics company has now finished repairs, returning the line to service. The restoration is expected to support the movement of commodities, though further details on costs or timelines were not provided.
SABC Business·September 4, 2026 at 10:20 AM
The Tanzania Railways Corporation plans to deploy additional trains and wagons to Isaka Dry Port in response to rising cargo volumes from regional traders that have increased demand for rail services. According to TRC Director General Engineer Machibya Shiwa, the state-owned corporation is considering the expansion following requests from users of the facility. The move is intended to strengthen freight transport capacity at the inland port, which serves as a key logistics hub for Tanzania and neighbouring landlocked countries.
Daily News (TZ)·September 9, 2026 at 6:23 AM
An analysis published by Moneyweb questions the credibility of South African power utility Eskom's reported financial recovery over the past decade, arguing that the public record cannot independently verify the claimed improvement. According to the report, the primary concern is not Eskom's profit figure itself, but rather how some of the underlying judgements and assumptions behind the results were made, raising transparency and accountability issues around the utility's performance claims.
Moneyweb·September 9, 2026 at 5:01 AM