Transnet in red despite significant revenue growth
NewsTransnet reported a loss for the financial year ending March 2024, despite a revenue increase due to tariff hikes and higher rail and container volumes.
The non-recognised Revolutionary Transport Union of South Africa (RETUSA) has – for the second time this year – blockaded road access to the Port of Durban. The strike affected container terminals as well as other facilities at South Africa’s biggest port on 11 July
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