Transnet believes rail investment is paying off
14 July 2015 - 15:24
Transnet’s year earnings before interest‚ taxation‚ depreciation and amortisation (EBITDA) rose by 8.2% to R25‚6 billion from last year’s R23‚6 billion. The company's focus on modernising its rail infrastructure surged ahead as capital investment for the year increased by 5‚7% to R33‚6 billion‚ Siyabonga Gama‚ acting group chief executive‚ said in a statement.
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