Transnet has projected confidence in its ability to raise funding and meet its upcoming debt obligations, brushing aside a dire warning by Moody’s Ratings that the freight and rail group is set to run out of cash in three months’ time.

“Transnet remains confident that it will — in line with its funding plan — be in a position to approach the market to raise the required funding to meet its operational requirements and debt obligations for the rest of the year,” it said...

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