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Transnet posts an annual profit for the first time in four years

Transnet reported a R4.6 billion profit for the year ended 31 March 2026, reversing a R1.9 billion loss a year earlier. The state-owned logistics company attributed the improvement to higher rail and pipeline volumes, tariff increases and a R12.5 billion gain linked to the sale of a stake in Durban Gateway Terminal

Transnet posts an annual profit for the first time in four years

We haven't written up this one. IOL has the full story — the link below goes straight to it.

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