11/09/2026
> Transnet is back in profit, but the headline needs context. 🇿🇦
The state owned logistics group reported a R4.6 billion profit for the year ended March 2026, reversing a R1.9 billion loss.
However, the result was boosted significantly by a R12.5 billion once off gain linked to the Durban container terminal transaction.
Rail and pipeline volumes improved, but high debt and concerns over Transnet’s long term financial sustainability remain.
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