Transnet News

Siyabonga Gama, CEO, Transnet. Credit: dailymaverick.co.za

South Africa's Transnet steams into the rest of Africa

South African state rail-freight operator Transnet is embarking on a major expansion drive in the rest of the continent, offsetting a slowdown at home caused by the slump in commodity prices, Chief Executive Siyabonga Gama said on Wednesday.

South Africa considers merging South African Airways and SA Express

South Africa considers merging South African Airways and SA Express

South Africa will explore merging two of its state-owned airlines, South African Airways (SAA) and SA Express, and seek a minority equity partner for the company, Finance Minister Pravin Gordhan said on Wednesday.

Brian Molefe, CEO, Eskom

Brian Molefe made permanent CEO of South Africa's power utility Eskom

South Africa’s cabinet has appointed Brian Molefe as chief executive of power utility Eskom on a permanent basis, the public enterprises minister said on Friday.

Transnet CFO Anoj Singh: Singh has been seconded to Eskom for six months

Transnet CFO Anoj Singh joins CEO at Eskom to tackle South Africa power gap

South Africa’s power utility recruited a second top executive from the country’s state-owned rail operator as Eskom Holdings SOC Ltd. struggles to plug a deficit in electricity supply.

Jeff Immelt, Chairman & CEO, GE

Accelerating South Africa's economic transformation: Jeff Immelt, Chairman & CEO, GE

Most people do not realize that the General Electric Company first came to South Africa in 1898—it was among our first offices overseas. For a brief period, and as part of the global effort to end apartheid, we left the country.

Brian Molefe, the newly appointed acting chief executive officer of power utility Eskom Holdings SOC Ltd., is a former senior Treasury official. Source: Transnet SOC Ltd./Eskom Holdings SOC Ltd. via Bloomberg

South Africa Treasury ex-officials soothe investors in new roles

South Africa is increasingly turning to National Treasury officials from the country’s first decade of democratic rule to help steer key economic institutions and boost investor confidence.

China and US trade with Africa

U.S. Export Agency Doubles Africa Offices to Help Boost Trade

The U.S. Commercial Service, the export promotion arm of the Department of Commerce, doubled its presence in Africa over the past year to boost trade with some of the world’s fastest growing economies.

Penny Pritzker, US Commerce Secretary, at the US-Africa Business Forum

Africa Summit Set the Stage for US Business. Now What?

As the dust settles after the U.S.-Africa Leaders’ Summit that took place in early August in Washington, a clearer picture is emerging of what it achieved.