Transnet SOC Ltd retweetledi

Transnet CFO Nosipho Maphumulo told #SCOPA that in mid-2025, the company faced credit rating downgrades from Moody’s and S&P due to cash shortages and falling revenues. With R46.2 billion in loans tied to keeping a good rating, agencies flagged issues like low volume growth and limited cash access. A downgrade would’ve forced Transnet to repay the full R46.2 billion immediately, which it did not have. @follow_transnet
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