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Regulation of State Owned Enterprises Transnet Freight  Form

Regulation of State Owned Enterprises Transnet Freight Form

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South Africa is a major coal and commodities exporter the mining industry as a whole is an important contributor to the country's GDP however these contributions have fallen sharply largely as a result of transport and logistic delays ing to a recent study by the gain group these inefficiencies are costing the South African economy over 50 million dollars a day transnet which owns the country's rail networks is at the center of this problem translate is absolutely critical for this economy the reason is it governs a huge amount of the business infrastructure of the country it obviously determines what happens at the ports it determines what happens at the railway system and if those infrastructure is not working then clearly the economy is going to have a difficulty when we look at South Africa's imports and exports they now represent almost 70 percent of South Africa's GDP which tells you that trade is absolutely critical to South Africa South African m

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