Transnet Vacancy
Location- Durban
Closing Date- 06/06/2025
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#Transnet vacancies #Transnet jobs, #Transnet career, #Transnet recruitment
La #BAD accordera un prêt d’un milliard de dollars à Transnet
La Banque africaine de développement a déclaré qu’elle avait approuvé un prêt d’un milliard de dollars à la société publique #sud-africaine des chemins de fer et des ports, #Transnet.
Le prêt de 25 ans est entièrement garanti par le gouvernement sud-africain et aidera à financer la première phase d’un plan d’investissement de 8,1 milliards de dollars pour Transnet afin d’améliorer les infrastructures ferroviaires et portuaires du pays, a déclaré la banque
Währenddessen, in einem anderen Universum:
Transnet bittet, mangels Leitungen möglichst wenig zu verbrauchen.
「Transnet personnel changes paying off
Coal export volumes railed to #RichardsBay were up more than 10% in the December quarter, and port backlogs are declining.
Then #PublicEnterprises Minister Pravin #Gordhan took a meat cleaver to the board.
In came #MineralsCouncil vice-president Andile #Sangqu as chair of #Transnet in July 2023, giving a voice to the company’s largest customer, the mining sector – accounting for roughly 80% of Transnet Freight Rail’s business and 50% of overall revenue. The board was loaded with engineers, industry representatives and labour, people who knew how to run an enterprise of this complexity.
Out went #Derby and #Mzimela, replaced by Michelle #Phillips as acting group CEO and Russell #Baatjies as acting CEO for freight rail.
Several former Transnet executives who left the organisation over the years have been lured back, including former programme director Marc Descoins.
#Havenga says several other former top executives have been roped into the Transnet recovery plan, many of them with salaries paid by #BusinessSouthAfrica.
Encouraging signs of progress
Writing in Moneyweb last week, Juanita Maree, CEO of the SA Association of Freight Forwarders – which sounded the alarm on Transnet a year ago – noted the encouraging signs of progress since business got involved in the #NLCC. The turnaround at #Durban Container Terminal Pier 2, with a recovery plan crafted and implemented by the crisis committee, will remove the vessel backlog by the end of this month.
“Cabinet’s approval and activation of the Freight Logistics Roadmap also opens the way for reviving a properly resourced, inter-modal, world-class logistics network for South Africa and the region,” says Maree.
Transnet seems to be embracing the collaboration with business:
[...]
The new management team led by Phillips and Baatjies has changed the culture and mood at Transnet, adds Havenga.
“The improvements we have seen in the last few months have all been achieved without massive investment in locomotives and wagons. These improvements are the result of operating smarter. Transnet has a rail network of about 21 000km, but virtually all of its rail revenue comes from just 1 500km of that network. That’s where we need to focus the attention.
“If we can improve turnaround times on the #Sishen-#SaldanhaBay railway line so we get trains turned around in 80 hours instead of 100 hours, that means we can run an extra train a day using the same rolling stock we have. And this can be done.”
The 861km Sishen-Saldanha line between the #NorthernCape and the port of Saldanha Bay in the #WesternCape handles most of the country’s iron ore exports, and its efficiency has had a direct impact on the revenue and profits of #Kumba Iron Ore and other iron ore exporters.
[...]
Perhaps Transnet has finally turned the corner and demonstrated what can be done when cadres are replaced by industry specialists.
」
https://www.moneyweb.co.za/news/south-africa/transnet-personnel-changes-paying-off/
#SouthAfrica #GoodNews #StateCapture #Economy #TFR #TransnetFreightRail
The three-month-old mutual cooperation agreement that the private-sector-owned Richards Bay Coal Terminal (RBCT) signed with State rail enterprise Transnet in November is already boding well, RBCT chairperson Nosipho Damasane emphasised on Thursday. “Over the last few months, we’ve already experienced a very strong engagement platform,” Damasane highlighted at a media briefing covered by Mining Weekly (Also watch attached Creamer Media video.)
This is a great museum. Have been there once probably more than 15 years ago, so it is wonderful to see this video from two weeks ago.
https://youtu.be/og0km4BIcBI?feature=shared
#OuteniquaTransportMuseum #George #SouthAfrica #Railways #Transnet
I am convinced the broken window theory is applicable in many cases.
Therefore I am very happy to see that #Transnet finally fixed their logo lighting and now I am even cautiously optimistic that this might mean the new management could actually care about details and implementation…
The left photo is from a few weeks ago, the right one is current.
「ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan
ArcelorMittal South Africa CEO Kobus Verster
[...]
The loss was attributed largely to electricity load curtailment, implemented at energy-intensive firms at high stages of #loadshedding, which had again been escalated to between Stage 4 and 6 when #ArcelorMittal #SouthAfrica made its wind-down announcement.
It also came amid increased strain between business and government, more generally. Automotive group #Volkswagen issued a warning about the company’s South African operations, citing loadshedding and #logistics problems as key concerns, while #platinum producers have indicated that job cuts are inevitable.
Meanwhile, Minister in the Presidency Khumbudzo #Ntshavheni, who was widely condemned for suggesting that the private sector was engineering the collapse of the government when commenting on a rand manipulation-related settlement, appeared to double down in an opinion piece penned for the #BusinessDay.」
ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business and tells Engineering News that the operations will begin ramping down during January, when they are scheduled to stop receiving steelmaking materials, such as iron-ore. Verster provided this bleak assessment in an interview following the JSE-listed company’s announcement that it would be initiating consultations with unions and customers on the closure of its operations in Newcastle and Vereeniging, as well as ArcelorMittal Rail and Structural, which relies on intermediate products currently produced at Newcastle.
「 Volkswagen boss expresses concern over local operations
Although it celebrated 70 years of local production in 2021, the worsening manufacturing struggles are starting to tell at #Volkswagen.
The ongoing energy crisis and logistics challenges has reportedly been cited as some of the reasons for Volkswagen voicing renewed doubt about a sustainable future in #SouthAfrica.
Despite it being well-known that Wolfsburg’s local arm had long been certain of securing a third model at its plant in #Kariega from 2026, known only to be an “SUV-type” vehicle, new claims by its group CEO has cast apparent doubt of whether local production is indeed viable. 」
https://www.citizen.co.za/motoring/south-africas-challenges-causing-concern-at-volkswagen/
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