Sasol and TotalEnergies win R8.5bn damages order against Transnet
Court award deals cash-strapped SOE a potentially debilitating financial blow
20 June 2024 - 09:20
UPDATED 20 June 2024 - 22:42
Transnet has been dealt a potentially debilitating financial blow after the high court ordered the cash-strapped freight and rail group to pay R8.5bn to energy majors Sasol and TotalEnergies in a long-running dispute about pipeline tariffs.
Transnet says it will appeal the judgment...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.