Transnet on Wednesday launched an application at the North Gauteng High Court in Pretoria to compel the CRRC to make available imported spare parts and components which are critical to service and maintain certain locomotives.
Transnet on Wednesday launched an application at the North Gauteng High Court in Pretoria to compel the China Railway Rolling Stock Corporation to make available imported spare parts and components which are critical to service and maintain certain locomotives.
Seemingly in retaliation, CRRC has since refused to supply Transnet with spares for the 95 20E and 100 21E locomotives it acquired from CRRC in 2012 and 2014. This has resulted in severe operational issues with some 300 locomotives out of operation at last count resulting in enormous financial losses for Transnet and its customers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JUST IN | Rain forced to withdraw Telkom merger statement | Fin24Data-only network provider Rain has been forced to withdraw its media announcement of a plan to merge with Telkom after the move was condemned by the Takeover Regulation Panel as unlawful. | Fin24
Read more »
Medical schemes take regulator to court over cheap options | Fin24The body representing most of the medical schemes in SA, the Board of Health Funders, has launched legal action against the industry regulator to prevent it from killing low-cost benefit options. | Fin24
Read more »
Govt estimates only 48% of employers complied with Covid-19 directives | Fin24The Department of Labour's research found that 52% of workplaces inspected were not in compliance with the government's occupational health and safety guidelines for Covid-19. | Fin24
Read more »
OPINION | SA needs a specialist police unit to deal with 'military precision' illegal mining | Fin24The government must set up a specialist mining police task force to combat and prevent illegal mining, as poorly equipped and unmotivated police are no match for professional gunmen toting AK-47s and stolen South African military weapons, writes the Mineral Council's Tebello Chabana.
Read more »
JUST IN | SA bans transport of cattle to curb foot-and-mouth disease outbreak | Fin24Government has announced a national ban on moving cattle to curb the spread of foot-and-mouth disease, which is among the world’s most infectious animal illnesses. | Fin24
Read more »
Delayed decisions on custom duties costing SA R1.25bn, report finds | Fin24More than half of the tariff setting and protective duty applications under investigation by the International Trade Administration Commission are overdue, a report shows. | Fin24
Read more »