PRASA SUBSIDIES
CEO Lucky Montana says Metrorail tickets are to remain subsidised, but it is planned to reduce the level of this “progressively.” [This will be a tall order. The current level of subsidy roughly equates to 70% on every fare – if we understand published figures correctly – and present fares are said to have been [...]
BOIKARABELO WATERBERG COAL MINE: NEW LINE
A new line 36km in length is to be built to connect Resource Generation’s Boikarabelo coal mine in South Africa’s Waterberg region to the Transnet network. The company recently received approval under the National Environmental Management Act (NEMA) to develop the mine and rail connection. The Boikarabelo coal mine has probable reserves of 744.8 mt [...]
TRANSNET LOOKING TO CROSS-BORDER BUSINESS
Speaking at the Ernst & Young’s global Strategic Growth Forum Africa in Cape Town, Transnet chief executive Brian Molefe said talks had begun on developing the south-north rail corridor from South Africa through Zimbabwe and Zambia to the Democratic Republic of Congo (DRC). The route he said is “virtually unused”. Turning to the planned link [...]
TFR PURSUES AUTOMOTIVE BUSINESS
Transnet Freight Rail (TFR) is to buy in 350 specialised wagons during 2012-2013 for carrying new automotive consignments from manufacturing plants. In addition, 180 car racks are to be acquired for railing vehicles for export over short distances from facilities located near to ports. According to senior TFR accounts executive Thabo Malatsi quoted by FTW, [...]
PRIVATE INVOLVEMENT IN ANGOLA’S RLYS
The Angolan government intends to merge the country’s railway companies – Caminhos de ferro de Benguela (CFB), Caminhos de ferro de Moçamedes (CFM) and Caminhos de ferro de Luanda (CFL – into one authority and to concession their operation to private initiative. According to the Economist Intelligence Unit (EIU), the Luanda government, “plans to sell [...]
INTERNATIONAL LINKS FOR ANGOLAN RAILWAYS
The Angolan government has approved a plan entitled Development of the Integrated Railroad System, which envisages the construction of new international links from each of the country’s three main railways. Caminhos de ferro de Benguela (CFB) is to have a new branch from a point east of Luacano in Moxico province to connect with Zambia’s [...]
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