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Transnet’s total freight rail volumes declined by nearly 14% from 212.3 million tonnes in 2020 to 183.29 million tonnes last year, the worst performance in a decade, company records show.
Transnet has opened some of its 21,232km rail network to private-sector rail freight operators. (Photo: Guillem Sartorio / Bloomberg via Getty Images) DIVE DEEPER (4 MIN) ...
Transnet’s move to break its monopoly on South Africa‘s freight rail transport and revitalise its struggling network has already attracted strong market interest, says Moshe Motlohi, acting CEO of ...
Transnet on Friday invited bids from the private sector to operate sections of its freight network as it seeks to improve deteriorating infrastructure that is damaging the country's mining sector ...
South Africa’s state-owned logistics company Transnet SOC Ltd. plans to shrink the 20,000-kilometer (12,427-mile) freight rail network it operates by at least 35% as it focuses on delivering ...
ALSO READ: Transnet’s rail network repair: A 10-year journey ahead with R80bn investment The bank is also considering grants of R13.6 million and R18.5 million to improve energy efficiency and ...
Phillips told the Standing Committee on Public Accounts (Scopa), chaired by Rise Mzansi’s Songezo Zibi, that the entity had a R51 billion maintenance backlog “purely to restore the network”.
Transnet plans to shrink the 20 000km freight rail network it operates by at least 35% as it focuses on delivering more profitable cargo loads. Transnet, which also runs the nation's main ports and ...
It may cost R80 billion and take 10 years to fix Transnet’s core rail network, comprising about 5 000km out of SA’s total rail network of 21 000km.
Such a target seems lofty considering that during its 2023/24 financial year, Transnet moved 151.7Mt of goods on its rail network. In its heyday (in about 2009), Transnet could easily record ...