
Transnet South Africa Posts Wider Loss Citing Hampered Recovery
[ad_1] (Bloomberg) — South Africa’s state-owned rail and ports operator reported a wider first-half loss as failing infrastructure and security issues continue to hamper progress in turning the business around Transnet SOC Ltd.’s loss was 2.2 billion rand ($118 million) in the six months through September, compared with 1.6 billion rand a year earlier, it…