Transnet and the art of the possible
Where I Am? | Viewer ==> Transnet and the art of the possible

Coronation Management Company

  Coronation Management Company   Q3 of 2024 | 2 years ago

ransnet is the second-largest State-owned enterprise in South Africa (SA) after Eskom. Unfortunately, its decline has been as staggering as its larger stablemate, with its 2023 financial statements showing that its performance deteriorated from a net profit of R5 billion in 2019 to a net loss of R5.7 billion in 2023. With over R120 billion in debt at the end of March 2023, Transnet’s ability to invest in much-needed infrastructure upgrades is highly constrained which, combined with its poor operational capacity, has choked the economy. Consultancy firm, the GAIN Group, has estimated that inefficient rail transport at Transnet could have cost the economy approximately R353 billion last year, mainly due to forfeited commodity exports.


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

DYN

In 2019, Stanlib spinned off index tracking funds to a boutique asset manager 1VEST.

10X Investments acquired CoreShares in 2022.

More Activities & News
Aluwani Snatch Afena

Activity Review for Sygnia

Activity Review for Satrix

Old Mutual Activity Review for 2020 - 2023

Prescient Funds Activity Summary 2020 - 2023

2020-2023 Manco Review: Momentum

More Opinions & Views
Can fast-growing markets deliver investors more?

Unlocking Opportunities in SA Inc. Counters

The Ultimate Guide to Choosing the Right Investment Account

Navigating valuations and values since 1973

How to apply “cathedral thinking” in your investment approach

Disclaimer
Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent.