Presidency proposes putting Transnet rail and ports in private hands
seen by Bloomberg. It sets out timelines for everything from setting up port and rail regulators, allowing private companies to access rail lines and concessioning ports and rail routes to private operators.
Even the lucrative coal and iron-ore rail export lines — the poor operation of which is slashing exports by companies including Anglo American and Glencore — may be operated privately, the presidency said. That suggestion has long been opposed by state logistics company Transnet. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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