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TRANSNETTransportation Network
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A total of 2 360 of these were attributed to Transnet Freight Rail.
'Transnet has been a trusted partner of GE for several decades,' GE said.
Transnet International Holdings would be entering into this partnership through its local partners, Adasa Keteke Company Limited to operate, and manage the railway sector in Ghana.
Transnet Freight Rail (TFR) transported record volumes on its two main dry bulk lines last year: 60m tons on the Sishen iron ore railway to the Atlantic port of Saldanha; and 76.4m tons on the coal line to Richards Bay Coal Terminal (RBCT).
Established in 2006 , Paymenex is a universal electronic payments technology company that facilitates real time electronic payments between consumers and businesses and provides platform for real time gross settlement (RTGS) and Mobile Money infrastructures for financial institutions worldwide through its advanced network - Paymenex TransNET and it's new Mobile solution - xWallet Mobile.
TFR Runs 14 Magnetite Trains On Weekly Basis: A total of 14 magnetite trains are being operated by Transnet Freight Rail (TFR), the rail division of South Africa's state-owned freight transport company Transnet, to Richards Bay on a weekly basis.
Gigaba said the agreement to buy 95 dual-electric locomotives for Transnet's general freight business was a demonstration of the government's commitment to embracing South Africa's entry into the Brics (Brazil, Russia, India, China and South Africa) economic bloc.
Transnet will issue a Reg S/144a security under its USD2bn (EUR1.63bn) global medium-term note programme (GMTN) after the roadshow if market conditions allow.
M2 EQUITYBITES-July 11, 2012--JP Morgan, Standard Bank to handle Transnet's planned debt issue(C)2012 M2 COMMUNICATIONS
French industrial maintenance consumables provider Orapi (EPA:ORAP) on Thursday said it had agreed to buy domestic rolling stock cleaning solutions firm Transnet from Hypred, a subsidiary of Roullier group, for an unrevealed amount.