Transnet is expected to engage with traditional leaders in Ulundi as it is extremely concerned about disruptions to its operations; South Africa has secured extra funding from the International Partner Group (IPG) of five nations that previously pledged $8.5 billion; the issue of compensation for “loss and damage” was tabled on the agenda at the COP27 summit; developers of the R4.6 billion Amazon office park in Cape Town can proceed with construction.
A train carrying export coal from Mpumalanga to Richards Bay was derailed near Ulundi on Tuesday . Transnet is expected to engage with traditional leaders in the area and the South Africa Police Service as it is extremely concerned about disruptions to its operations. Last year alone, Transnet saw 70 derailments, costing the freight rail company hundreds of millions of rands.
[: On Tuesday , African activists hailed the inclusion of the issue of “loss and damage” — essentially compensation to developing countries harmed by climate change, which is fuelled mostly by rich, industrialised countries — which was tabled on the agenda at the COP27 summit in Eygpt this week. This proposal would discuss the possibility of developed countries compensating for the costs that developing countries can’t avoid or need to “adapt” due to climate change. [Developers of the R4.
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