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News24 | Govt Gives Transnet R95bn in Guarantees

Summary by News24
South Africa’s government approved R94.8 billion in guarantees to further support state-owned rail and port operator Transnet.

8 Articles

The South African government has approved a new guarantee facility of 94.8 billion rands (5.34 billion USD) for Transnet, the state-owned railway and port logistics company in the midst of an unprecedented structural crisis. This new envelope, announced on Sunday 27 July, comes in addition to a guarantee of 51 billion rands (2.87 billion USD)...

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BizToc broke the news in on Sunday, July 27, 2025.
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