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TFR signs cross-border agreement with Railways of Mozambique

By: Schalk Burger 1st July 2022 State-owned rail agency Transnet Freight Rail (TFR) has signed a cooperation agreement with Mozambique State agency Ports and Railways of Mozambique (CFM) to implement an immediate train run-through model that will result in the export of chrome and ferrochrome moving seamlessly from Belfast, in... →

Third-party rail access unlikely to unlock private investment, owing to restrictive terms – ARIA

By: Irma Venter 1st July 2022 African Rail Industry Association (ARIA) CEO Mesela Nhlapo says the association has serious concerns regarding the restrictive terms and conditions Transnet has imposed on the use of the national rail network by private third-party freight operators. A key element of the newly unveiled National... →

Transnet to issue locomotive tender in July to address crippling port and rail backlog

By: News24Wire 21st June 2022 In a bid to improve on its operational performance, clear logistic backlogs, and claw itself out of its financial predicament, Transnet has confirmed that it will issue a tender for the procurement of new locomotives next month. This comes after Transnet Group CEO Portia Derby told Business Day... →

Strong investment case for country’s mining sector, but issues must be addressed

21st June 2022 There are a myriad of opportunities that can be capitalised on in South Africa’s mining sector and there has been notable progress in improving the state of the industry; however, to further enhance this and attract more investment, it is critical that several issues be resolved. This was the... →

Sector can reap benefits from rail liberalisation

By: Sabrina Jardim 17th June 2022 Liberalising rail will allow for rail freight to be operated with the efficiency of the private sector at the core of designed operations, says rail infrastructure consulting company Taylorail CEO David Taylor. Taylor says this will allow for end-clients to benefit from lower cost-per-ton... →

Europe imports more South African coal as Russian ban looms

By: Reuters 15th June 2022 European countries, scrambling to secure alternatives to Russian coal, imported 40% more coal from South Africa's main export hub in the first five months of this year than over the whole of 2021, figures obtained by Reuters showed on Wednesday. South Africa's Richards Bay Coal Terminal (RBCT)... →

Minerals Council expresses concern about impact of logistics constraints on mineral exports

By: Tasneem Bulbulia 10th June 2022 South Africa’s exported bulk mineral tonnages have dropped to their lowest level since the Covid-19 lockdown in the first half of 2020, with rail, port and border constraints negatively affecting users of these State-owned services, causing exporters and the country to miss the full benefits of... →

Moody’s raises alarm on Transnet, puts it on notice for downgrade

By: News24Wire 9th June 2022 The credit ratings agency Moody's has placed most of Transnet’s credit ratings on review for a downgrade. Moody’s says it has become increasingly concerned over the Transnet's exposure to weak liquidity management and high refinancing risk. →

More arrests expected in corruption case against Gama and other ex-Transnet officials

By: News24Wire 27th May 2022 Former Transnet CEO, Siyabonga Gama, who is among the five people accused of R93-million fraud and corruption in a case relating to the procurement of 1 064 locomotives by the State-owned freight rail company, was released on R50 000 bail following his arrest on Friday. Gama is facing charges... →

Trident’s lithium-powered locomotives engendering benefits for mining operations

By: Tasneem Bulbulia 13th May 2022 Original-equipment manufacturer Trident SA has diversified its offering and is now providing lithium-powered batteries for locomotives used by global mining operations. During a visit to the company’s site in Germiston, Gauteng, where the locomotives and battery packs are assembled, Trident... →

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