Transnet's rail network repair: A 10-year journey ahead with R80bn investment
The 10-year timeline to fix the network is less daunting once the project is spliced into more manageable outcomes.
Stay updated with breaking news from Transnet Freight Rail. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The 10-year timeline to fix the network is less daunting once the project is spliced into more manageable outcomes.
Transnet Freight Rail (TFR) CEO Russell Baatjies has added his voice to industry-wide concerns being expressed about the high rail tariffs that would arise should the methodology included in a draft Network Statement be implemented. The Network Statement was released for public comment in March by Transnet’s interim Infrastructure Manager (TRIM), which is being separated from the Transnet Freight Rail Operating Company, or TFROC, which Baatjies oversees.
ArcelorMittal has argued that curbing above-inflation pay rises in the steel industry is required to keep operations financially sustainable.
"Cosatu presses government and mining industry to avert mass job losses, citing economic challenges and industry decline."
Transnet says a test – an ‘injection’ of more locomotives – has reduced the congestion of trucks moving coal for export to the Richards Bay Coal Terminal.