It's full steam ahead for Transnet

On Monday, Siyabonga Gama and representatives of six heavyweight financial institutions gathered in the 49th-floor boardroom at Transnet's Carlton Centre headquarters and signed R12-billion worth of loans that the company will use to build more than a thousand locomotives. Three days later, Gama, Transnet's acting group CEO , was down at the railway's vast container yard at City Deep in Johannesburg to mark the completion of an R800-million upgrade to facilities, part of Transnet Freight Rail's...