Transnet has seen its interim loss widen to R2.2bn despite an increase in revenue and improved volumes in its rail business.
Revenue increased by 6% to R41.5bn for the struggling state-owned freight rail and port operator in the six months to the end of September. This was in line with weighted average tariff increases in the rail, port and pipeline businesses, and a 3.2% increase in rail volumes that was partially offset by lower container and petroleum volumes. ..
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