Poging GOUD - Vrij
Transnet to bolster rail network with new private operators and leasing initiative
Cape Times
|August 25, 2025
TRANSNET has announced the formation of a leasing company to facilitate the refurbishment of its rolling stock, welcoming the entrance of 11 new private sector operators onto its rail network.
This comes after Transport Minister Barbara Creecy on Friday announced that she has approved the selection of new train operating companies, a major milestone in South Africa's rail reform programme.
Michelle Phillips, CEO of Transnet, confirmed these developments over the weekend, illustrating a determined response to alleviate a significant shortfall of 90 million tons in freight capacity expected by the latter half of next year.
The new train operating companies (TOCs) are poised for operation within a timeframe that varies from the second half of 2026 to as late as 2028, reflecting a broader ambition to ramp up freight rail volumes from the current 160 million tons to a targeted 250 million tons by 2030.
Dit verhaal komt uit de August 25, 2025-editie van Cape Times.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Cape Times
Cape Times
FEMICIDE IN SA - KEY FACTS AND CALLS FOR ACTION
The Hidden Toll of Femicide Femicide devastates families, causing profound grief, PTSD, depression, and intergenerational trauma.
1 min
December 12, 2025
Cape Times
Minister Tolashe to submit Basic Income Grant proposal before financial year end
THE Social Development department is preparing to present policy proposals for a Basic Income Grant (BIG) to Cabinet before the conclusion of the current financial year.
2 mins
December 12, 2025
Cape Times
Over 600 student housing providers await R48m NSFAS payments
THE National Student Financial Aid Scheme (NSFAS) owes over 600 accommodation service providers a staggering R48 million for the 2024 academic year.
2 mins
December 12, 2025
Cape Times
Dobson backs rookie midfielder Roche: ‘He has no respect for his body’
ROOKIE centre Jonathan Roche will have another opportunity to stamp his authority in the Stormers’ midfield when they face French powerhouse La Rochelle tomorrow afternoon.
2 mins
December 12, 2025
Cape Times
Alonso faces Real Madrid turning point test at Alaves
REAL Madrid ran, and running was enough.
2 mins
December 12, 2025
Cape Times
Frustrated Bulls fans wonder why Pollard was rested
UNHAPPY Bulls fans are questioning why their star flyhalf, Handré Pollard, is being “rested” for their away Champions Cup match against Northampton, despite having barely played this season.
2 mins
December 12, 2025
Cape Times
Honduran military to 'ensure transfer of power'
THE Honduran military vowed this week to ensure a peaceful transfer of power regardless of who wins a November 30 presidential election in which votes are still being counted amid interference claims.
1 mins
December 12, 2025
Cape Times
Broos bolsters Bafana’s backroom staff with specialist heavyweights for AFCON
Hugo Broos has taken vital steps to strengthen his backroom staff in a strategic move to gain a competitive edge ahead of the upcoming Africa Cup of Nations (AFCON).
1 mins
December 12, 2025
Cape Times
Crypto winter squeezes bitcoin miners as AI pivot gains urgency
THE crypto downturn has pushed a slew of Bitcoin miners to the brink of unprofitability, prompting operators to scale back the energy-hungry machines that keep the blockchain running.
2 mins
December 12, 2025
Cape Times
Education official in hot water over leaked English exam paper
BASIC Education Minister Siviwe Gwarube confirmed yesterday that a Department of Basic Education (DBE) employee is implicated in a leak of National Senior Certificate (NSC) exam papers.
3 mins
December 12, 2025
Listen
Translate
Change font size