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South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) ...
Delegates walk past the Transnet logo at the Investing in African Mining ... attract private investment in the country’s ailing freight rail network, the Transport Minister said on Sunday.
Mark Evans, Oliver Wyman partner in energy and natural resources. The announcement to divide Transnet Freight Rail into a Transnet Rail Infrastructure Manager (TRIM) and a Transnet Freight Rail ...
CAPE TOWN, Feb 4 (Reuters) - South African logistics group Transnet's rail freight volumes could reach 160 million to 165 million tons in the year to end March, its CEO said on Tuesday ...
The state of the lines has an “impact on both Transnet Freight Rail and third-party operators,” he said. The parties haven’t publicly disclosed the likely terms of the agreements ...
The Network Statement was developed through an inclusive consultation process involving Transnet, key stakeholders in the rail industry and the Interim Rail Economic Regulator. It provides a ...
For years, the RFA has been very vocal about the need for "revolutionary" change in our rail operations ... party operators or between them and Transnet itself? While a huge amount of cargo ...
Transnet Freight is about to seek bids for private operation of some South African freight rail lines as it seeks to improve efficiency and track security, executives tell The Africa Report. The lines ...
Listen below. Transnet Freight Rail (TFR) has announced plans to split its operations, marking a major shift in the state-owned enterprise's structure. It's a significant development for the ...
TRANSNET has secured a R5bn loan from the New Development Bank, formerly the BRICS Development Bank, for the modernisation of its freight rail infrastructure. “This investment is important for ...
ALSO READ: Transnet suspends shipping activity at some ports for safety reasons Freight rail volumes have been in a long-term downtrend and are now at levels last seen immediately after World War II.
Years of compounding rail inefficiencies at Transnet saw freight volumes decline to 150 million metric tons in financial year 2022/23 from 226 million tons in the 2017/18. Graphic: The Outlier ...
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