Embattled Transnet Opens It Rail Network to Private Operators

Embattled Transnet opens it rail network to private operators

Private companies will soon be allowed to run freight services on the state-owned Transnet network. Transport Minister Barbara Creecy announced that 11 out of 25 applicants have been approved to move to the contracting stage, giving them access to operate on the network. While most of the names remain undisclosed, local logistics company Grindrod confirmed it had secured operating rights. New slots on six major corridors The approved operators w…

As the UK seeks to nationalise the rail network, South Africa has learnt nationalisation’s pitfalls and is seeking privatisation

South Africa has recently made moves to allow the private sector to participate in the government-owned rail network.  After years of poor management, inefficiencies and ineffectiveness, the freight rail system is the […] The post As the UK seeks to nationalise the rail network, South Africa has learnt nationalisation’s pitfalls and is seeking privatisation first appeared on The Expose.

Selection of private operators for Transnet access widely lauded

Road Freight Association, Exxaro, and Business Leadership SA welcome selection of 11 companies

South Africa’s freight sector opens up to private firms

South Africa will soon allow private firms to run trains on its freight network in a bid to improve services after years of problems with the state-owned ports and rail company Transnet. The government shortlisted 11 private companies that will now hold further talks about securing routes to transport commodities such as coal, iron ore, manganese, and sugar.Transnet has in recent years grappled with a shortage of freight trains and inefficient p…

Government implements reforms to revitalise rail sector

As South Africa implements the national rail reform programme, the private