The Development Bank of Southern Africa (DBSA) with its financing partner, the U.S. International Development Finance Corporation (DFC) have reached financial close on USD 786 million in the landmark Lobito Corridor Railway Project, following...
The first eight Wabtec C28 locomotives have arrived at the Port of Durban from New Zealand, marking the first shipment under Traxtion’s R1.8 billion rolling stock investment programme and an important milestone in expanding freight rail...
South Africa’s rail story is often told as one story, when it is really two. There is freight rail, which carries the minerals, agricultural produce, manufactured goods and export cargo that move through the economy. Then there is passenger...
Transnet SOC Ltd. (“Transnet”) has reached a significant milestone in South Africa’s rail reform journey with the issuance of a Request for Proposals (RFP) to the two shortlisted bidders. This follows the successful conclusion of the Request for...
