Transnet puts the cost of 1 500km of cable stolen over the last five years at more than R4bn. Moneyweb
South Africa’s 21 000km rail network used to be a matter of national pride, accounting for some 80% of Africa’s total network. This massively over-specced network needs to be pruned to no more than 5 500km and operated with the kind of financing and efficiency that the private sector, operating alongside Transnet, can bring, according to the Africa Rail Industry Association .
” Rail renaissance Cabinet approved the white paper on the National Rail Policy on 23 March, which creates policy certainty and opens space for private sector investment into railways. “The role of the private sector in bringing about the rail renaissance in SA cannot be over-emphasised,” said Transport Minister Sindisiwe Chikunga in a statement issued last week.
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