Transnet this week presented its interim results for the six months ending September 2017 which showed that the company’s net profit for the period increased by 3.4 billion which is more than 230% higher than the previous year. Delivered on Monday in Johannesburg, the results were driven by improved operational performance and a slight rise in consumer demand and mineral production output in the country. The state-owned freight and logistics company results showed that revenue was up 13.8% … [Read more...] about Transnet’s net profit increases by over 230%

