A Transnet logo stands on a rail mounted gantry crane, manufactured by Terex Corp., at the Port of Durban, operated by Transnet SOC Holdings Ltd.’s Ports Authority, in Durban, South Africa, on Friday, May 25, 2018. Transnet last year reduced its seven-year capital-investment plan by 17 percent to 229.2 billion rand in response to lower-than-anticipated freight demand. Photographer: Waldo Swiegers/Bloomberg via Getty Images
JOHANNESBURG, Sept 10 (Reuters) – South African state-owned logistics group Transnet on Thursday reported a 4.6 billion rand ($286.05 million) profit for the year ended March 2026, its first annual profit in four years.
By Ghana News