Johannesburg: Transnet has announced that its revenue performance for the year ended 31 March 2025 has increased by R82.7 billion, which translates to a 7.8% improvement compared to the previous year. The State-owned rail, port, and pipeline company attributed this growth to significant improvement in the operating environment, particularly in the rail business, owing to the implementation of the Recovery Plan.
According to South African Government News Agency, this improvement was driven by weighted average tariff increases as well as volume increases in the automotive and rail businesses, although lower pipeline and container volumes partially offset the revenue increase. Transnet has narrowed its net loss by 73.7% to R1.9 billion compared to the prior year, bringing the organization closer to its goal of long-term profitability. The company stated, “This improvement reflects the success of Transnet’s strategic initiatives and demonstrates the positive impact of steps taken to address operational challenges.”
The increase in capital expenditure, from R16.9 billion to R24 billion, signifies Transnet’s focus on expanding and modernizing the country’s freight logistics infrastructure. As the company executes the Reinvent for Growth Strategy, the focus shifts from operational recovery to transformation and long-term, sustainable growth. Transnet emphasized that this shift places customers, partners, and the country’s economy at the heart of its operations. The company added that improved revenue performance, reliable cash generation from operations, and improved rail volume performance collectively provide an adequate platform for continued sustainable profitability.
Transnet highlighted its ongoing efforts to improve rolling stock availability and rail infrastructure conditions, while also focusing on replenishing key port equipment and acquiring critical spares. These efforts aim to sustain efficient and improved performance at ports. The company is committed to improving turnaround times, reducing congestion, and enhancing service predictability across rail, ports, and pipelines. Investments in new equipment, digital systems, and operational excellence are already yielding results, and Private Sector Participations are expected to remain a cornerstone of Transnet’s strategy.
Significant progress has been made in implementing key reform initiatives aligned with the Freight Logistics Roadmap. Notable achievements include the establishment of the Transnet Rail Infrastructure Manager, publication of the Final Network Statement, launch of the Slot Application Process, and private sector participation in container terminal development. These initiatives are embedded within Transnet’s Reinvent for Growth Strategy, driving tactical recovery and transformative change.
In the 2025/26 financial year, Transnet aims for measurable improvements in rail volumes, port throughput, and financial sustainability. Improved financial performance, disciplined capital management, and the government guarantee facility collectively provide the stability and resources needed for infrastructure modernization, private investment attraction, and strengthened competitiveness. Transnet emphasized that by stabilizing freight corridors, modernizing ports, and opening the door to private investment, South Africa is positioned to compete globally and unlock trade opportunities, especially as it hosts the Group Twenty (G20).
South Africa assumed the G20 Presidency on 1 December 2024, and it runs until 30 November 2025, under the theme: ‘Solidarity, Equality, Sustainability.’ For the full presentation of use, go to [Transnet Presentation](https://www.transnet.net/RenderPage.aspx?id=24923733).