Maintenance, it was always maintenance…

--:--
Jamie Holley, CEO of Traxion, Africa’s largest private rail and rail services company, tell Peter Bruce in this edition of Podcasts from the Edge that the company is dead keen to participate in the long-promised concessioning of rail routes owned by Transnet to the private sector and now that Transport Minister has released an almost complete Network Statement the final preparations for the award of concessions are in place. But there’s a problem. Transnet's track and systems are old and broken, in “a critical state of disrepair” according to the statement. And Transnet, which moved 226m tonnes of bulk and freight in 2017/18 managed only 152m tonnes in 2023/24. So while train operators are lining up to run on the Transnet corridors, the track and the systems on them need eye-watering investment. If the government get the money flowing it could make a huge difference to our fortunes and Holley believes it will. And it wasn’t the truck that forced rail off the rails he reminds Bruce, “it was just maintenance"
22 Jan English South Africa News Commentary · Politics

Other recent episodes

Why Enoch and the Treasury are fair game

There’ve been voices raised around the failure, twice, of finance minister Enoch Godongwana to pass a 2025 budget through parliament, each time trying in vain to slip in a VAT increase to cover for the ANCs inability to grow the economy. We should not, the argument goes, be flinging mud…
6 May 45 min

Is Helen Zille bad for the DA brand?

Former DA leader Tony Leon, in his new book, Being There, says DA Federal Executive chair and former party leader Helen Zille may have many positive qualities but that “I doubt the party brand is enhanced by her continued presence at the top of the organisation”. Peter Bruce asks him…
29 Apr 41 min

"Putin stole too much..."

“Over 20 years,” writer, investor and campaigner Bill Browder tells Peter Bruce in this Special Edition of Podcasts from the Edge, “Vladimir Putin and his friends have stolen a trillion dollars from Russia.” He has to distract his people or they’d lynch him and It’s why he can’t stop his…
11 Apr 32 min

What Business Wants from a GNU

Business for South Africa chairman Martin Kingston tells Peter Bruce in this edition of Podcasts from the Edge that business would prefer the current Government of National Unity to stick together despite the current crisis over the DA’s decision not to support the budget. Business is deeply involved in Operation…
9 Apr 37 min

Steel yourself...

South Africa’s steel industry is in the crosshairs once again, and once again for all the wrong reasons. Itac, the department of trade, industry and competition’s trade regulator, has been instructed by minister Parks Tau to conduct arguably the widest tariff review in its history, of imported steel. This as…
2 Apr 50 min