Transnet Narrows Losses, Increases Investment in Freight Modernisation
Evident Makatwane 
Image Credit: Transnet
Johannesburg, 5 September 2025 – Transnet SOC Ltd has reported a significant improvement in its financial results for the year ended 31 March 2025, narrowing its annual loss to R1.9 billion from R7.3 billion in 2024, as its turnaround efforts continue to bear fruit.
Revenue rose 7.8% to R82.7 billion, driven by higher automotive and rail volumes alongside tariff adjustments. Cost controls saw net operating expenses fall 4.9%, boosting EBITDA by 39.4% to R30.6 billion. The company also invested R24 billion, a 44% increase into modernising rail and port infrastructure.
Transnet attributed much of the improvement to its Recovery Plan, which strengthened rail performance, streamlined costs, and stabilised operations.
Beyond stabilisation, the group is rolling out its Reinvent for Growth Strategy, with initiatives including the creation of the Transnet Rail Infrastructure Manager (TRIM), publication of a network access statement, and a slot application process to allow private operators onto the rail network.
At South Africa’s ports, new tugboats and terminal equipment have been commissioned, while the Port of Richards Bay will soon host the country’s first private sector–run container terminal, expected to add 200,000 TEUs of annual capacity.
Looking ahead, Transnet said it will prioritise boosting rail volumes, reducing port congestion, and embedding accountability across its divisions.
“When Transnet works, South Africa thrives,” the company stated, underlining its role in driving trade and economic growth as the country prepares to host the G20 Summit in 2026.
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