14 Dec 2011Transnet Port Terminals said on Tuesday it was in talks with the agricultural sector and Department of Agriculture, Forestry and Fisheries to raise an additional R250 million needed to bolster a grain facility in East London.
TPT is spending R20 million out of R1.3 billion capital expenditure in its current financial year to enhance investment and service levels. Transnet transports maize and wheat to various Southern African countries.
http://www.businesslive.co.za/southafrica/sa_markets/2011/12/13/tpt-seeks-partners-for-grain-facility