South Africa’s state logistics company has begun the process of allowing private companies to use its vast rail network by publishing a document detailing how it envisages the process will work.
South Africa’s state logistics company has begun the process of allowing private companies to use its vast rail network by publishing aThe draft network statement will be gazetted in a few days time for public consultation before being finalised in Transnet SOC Ltd.’s next financial year, which begins 1 April, the company said in a statement late Friday.
The process of getting private trains onto its tracks will start in the second half of the year, the company said. While Transnet’s 21,232 kilometre network accounts for about 85% of Africa’s rail tracks, poor maintenance and mismanagement has seen the amount of goods and commodities such as coal and iron ore transported plunge to about 150 million tons from 226 million tons over the last five years.It is “a critical milestone in the rail reform process,” Transnet said.
“Rules, time limits, timelines, procedures, services, charging principles, and terms and conditions governing the use of the railway infrastructure by train operating companies” is laid out in the document, Transnet added.which aims to encourage constructive discussions. To get your comments published, make sure it is civil and adds value to the discussion.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Sudan: Zero Waste, More Hope in South SudanZero energy light bulbs and sturdy bricks for schools and homes. Some innovative communities in South Sudan are reusing waste in new ways as the world rallies to ban plastic pollution by the year's end, with help from a small team of experts led by climate and environmental scientist Shazneen Cyrus Gazdar at theUN Mission in South Sudan (UNMISS).
Read more »
Former South African Striker Marks Maponyane Highlights Striker Crisis in South AfricaMarks 'Go Man Go' Maponyane, a former Bafana Bafana, Kaizer Chiefs, and Orlando Pirates striker, expresses concern over the lack of goals from strikers in the Premier Soccer League. He calls on coaches to address the issue and discusses the decline of South African strikers in recent years.
Read more »
‘Ready Steady Cook South Africa’: Moshe Ndiki hosts new showSouth African media personality Moshe Ndiki will be hosting cooking show 'Ready Steady Cook South Africa'.
Read more »
South Africa: Young Voices Missing in Online Chatter as South Africans Prepare to VoteSouth Africa's upcoming elections sparked extensive online chatter, but a crucial question remains: where are the young voters? The discussions on social media, with over 450,000 mentions between February 12th and 29th, reveal a mix of frustrations and hopes, reveals the Center for Analytics and Behavioral Change (CABC).
Read more »
South Africa: Mbeki Slams Zuma's Breakaway MK Party - South African News BriefsThabo Mbeki Slams Zuma's MK Breakaway
Read more »
South Africa: African Games - South Africa Overtakes Nigeria On Medals TableWhile Team Nigeria added three silver and four bronze medals, it wasn't enough to maintain their second-place position.
Read more »