South Africa Approves Additional R94.8B for Transnet

South Africa has announced R94.8 billion in guarantee support to sustain the operations of state-owned logistics firm Transnet over the next five years.

A R48.6 billion share of the package will cover Transnet’s debt redemptions and maintain liquidity, while R46.2 billion will mitigate risks linked to credit downgrades.

The R94.8 billion support follows an earlier R51 billion government funding package secured in May 2025 for Transnet’s 2025–2027 operational needs. Both financing packages seek to support the company’s financial and operational improvements in line with broader national logistics reforms.