Mail & Guardian
Mail & Guardian
durban container terminallatest news & developments
Off-track: Prasa’s operating deficit has ballooned from R2.3bn to R8.3bn, with material losses of R1.3bn due to write-offs of property, plant and equipment. Photo: Prasa Group
ANDILE SANGQU

State capture still stinging SOEs

Transnet and Prasa face financial, operational and governance challenges despite recovery efforts

  • Brian Sokutu
6 min read
Photo: Waldo Swiegers/Bloomberg via Getty Images
INTERNATIONAL CONTAINER TERMINAL SERVICES INCORPORATED

Unions threaten legal action over jobs at Durban port

Dock workers are demanding transparency over Transnet’s partnership with the Filipino container company and an assurance there will be no retrenchments

  • Lyse Comins
4 min read
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances
DURBAN CONTAINER TERMINAL

Transnet unveils ‘immediate interventions’ to clear Durban Port backlog

Recently, there were 63 vessels at anchorage, of which 20 were awaiting a berth at the container terminal

  • Lyse Comins
6 min read