WebJan 7, 2015 · January 7, 2015. Transnet and CSR Zhuzhou Electric Locomotive (CSR) signed in December a MoU to set up manufacturing facilities in South Africa to exploit … WebIn the least developed parts of the region businesses will be increasingly involved with pro-poor community investment projects, ... CSR in action August 8, 2024 - 4:20 pm; Contact Us. ICSD (SA) 2 Partridge Place, Hiskett Ave Magaliesig Ext 24 …
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WebMar 31, 2024 · This was to be the largest purchase of locomotives yet made by Transnet. CNR won the tender for 232 diesel locomotives and CSR won one for 359 electric locomotives. Transnet paid R18-billion to CSR. In turn, CSR paid upwards of R3-billion in “advisory fees” to Tequesta. WebJun 1, 2024 · Also, Transnet negotiated in reverse, finally to conclude the four contracts in March 2014 at a total R54.5-billion including contingencies after initially budgeting R38.6-billion. Of this, CSR got the single biggest slice: 359, or 60%, of the electric locomotives at a wallet-rending R18.04-billion. mount garfield nursery
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WebJan 26, 2024 · These are supported by a number of companywide specialist functions such as Transnet Projects that underpin the group as a whole. Transnet has just successfully completed a four-point turnaround strategy and just embarked on a four-point growth strategy. Just prior to adopting its growth strategy, it embarked on a rebranding exercise. WebJun 6, 2012 · The current railway network in South Africa will need major upgrading for this to be achieved. This has led Transnet to allocate R205 billion towards rail projects, along with R151 billion to general freight to support the projected growth in volumes to 170 million tons a year. Encompassing rail, ports and pipelines, Transnet is backing the MDS ... WebJun 1, 2024 · As will be seen, similar agreements provided for about R1.5-billion more on two smaller Transnet CSR orders, bringing the total to almost R5.3-billion on contracts worth over R25-billion. heart hospitals in ny