Mining and ore concentrate sector heavily impacted by increasing dysfunctionality...
South African Coal Miners Says Rail Snags Hobble Export Potential
- John Ashworth
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South African Coal Miners Says Rail Snags Hobble Export Potential
Urgent privatisation of South African rail network is called for
- John Ashworth
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Re: Mining sector calls for privatisation of South African rail network
Privatisation is not the solution to all the ills of the railway world. It's worth remembering what an absolute pig's ear South African company Sheltam led by South African Roy Puffett made of the privatisation of Kenya's railways. Under-capitalised venture capitalists often see railways as targets for asset-stripping rather than investing to make them viable transport networks for their nations.
- John Ashworth
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Re: Mining sector calls for privatisation of South African rail network
South African Coal Miner Says Rail Snags Hobble Export Potential
S.Africa's Thungela agrees to amend rail contract with TransnetSouth Africa’s Exxaro Resources Ltd. can’t fully exploit booming global coal prices because rail disruptions are curbing more than half its potential exports of the fuel...
South African coal exporter Thungela Resources TGAJ.J on Thursday said it had agreed to amend a long-term haulage contract with Transnet after the state-owned rail operator declared force majeure in April...