South Africa is predicted to see the introduction of privately operated trains within six to nine months which will benefit the economy, according to James Holley, CEO of Traxtion, Africa’s largest private rail operator.
‘It’s having a bigger impact on our economy than the power blackouts had over the last number of years,’ said Holley. One of the main challenges the national rail system experienced was a reduction in the maintenance expenditure on the Transnet national freight networkHe has also further predicted South Africa will have privately operated trains within the next six to nine months, which he called ‘the start of an investment journey’.
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