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Transnet showing notable financial improvements despite ongoing operational challenges

# Transnet says its reinvest for growth strategy alongside continued support, including approved government guarantees of 51-billion-rand and 94.8-billion-rand, positions the company on a firm path to long-term profitability. The state-owned entities’ revenue increased by 7.8-percent to 82.7-billion-rand in the financial year ended 31st March 2025, compared to 76.7-billion-rand last year. It reported a net loss of 1.9-billion-rand, a significant improvement from the 7.3-billion-rand loss in 2024. Transnet says despite improved financial performance, it continues to face significant operational challenges, including derailments and equipment reliability.