Africa Transnet says proposed split needs debate
(Adds details, quotes, minister)
JOHANNESBURG, Aug 25 (Reuters) Canada Goose Parka The head of South Africa logistics group Transnet said on Thursday that it was to speak about a split of the freight rail unit from the group at this canadian goose jacket time and that the matter needed cheap Canada Goose more debate before a decision is made.
Quoting proposals by the Department of Transport, canada goose factory sale a media report suggested this week that the canada goose freight rail unit canada goose black friday sale may be split away to open the Canada Goose Jackets business to Canada Goose online the private sector.
State owned Transnet has a uk canada goose monopoly over uk canada goose outlet South Africa rail network. Coal miners have complained that buy canada goose jacket cheap they were unable to canada goose uk shop export all of their canada goose coats on sale coal due to bottlenecks and derailments on the lines leading to the export Canada Goose sale terminal at Richards Bay.
Producers have said they were willing to pitch in to improve capacity, but extensive private public partnerships have yet to materialise.
is a role for the private sector to play. but canada goose store not as canada goose clearance sale radical as suggested, Chief Executive Brian Molefe told journalists.
separations cheap canada goose uk need to be treated with caution.
Transnet Canada Goose Online is investing heavily to boost volumes on the coal export line to 81 million tonnes by 2015. The group canada goose uk black friday is also studying the option of freeing up some 14 million tonnes of capacity on the coal line in two to three canada goose uk outlet years by moving canada goose coats non coal cargo to a homesite new line via Swaziland.
Molefe said goosesale the rail unit was hit by two decades of underinvestment but recent ventures had been paying off.
the next five years we will make a lot of Canada Goose Coats On Sale progress and we think that we can restore the functioning of the freight rail business, he said.
Producers have already complimented Transnet on improving efficiencies on the line. Molefe said the line was currently transporting up to 1.6 million tonnes of coal a week.
Minister of Public Enterprises Malusi Gigaba, under whose mandate Transnet falls, said in a separate canada goose clearance briefing buy canada goose jacket that there was no discussion of splitting the rail unit away.
is no such Canada Goose Outlet thing. Neither the minister of transport nor the minister of public enterprises are aware of this. This was just a junior official who made an unmandated statement which has no standing in either of the two departments, he told reporters in Cape Town. (Reporting by Agnieszka Flak and Wendell Roelf, Editing by Helen Nyambura Mwaura).