South Africa grants 11 private firms rail network access
Transnet has granted 11 private firms access to five strategic rail corridors. The move aims to add 24 million tons of capacity to boost economic growth.
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South Africa granted 11 private firms access to its freight rail network to add 24 million tons of immediate freight capacity. The state-owned Transnet manages the network and aims to lift annual rail volumes to 250 million tons by 2030. This shift addresses logistics bottlenecks that have capped commodity exports and slowed growth in Africa's largest economy.
