Losses on Joburg-Durban freight corridor bigger than state capture

Losses on Joburg-Durban freight corridor bigger than state capture

June 7, 2023

Transnet has sent an SOS to the government about the freight chaos on the Joburg-Durban corridor, urgently calling for action to combat sabotage and cable theft. Francois Nortjé, Director of Distribution Junxion at the Port of Gauteng and a prominent advocate for rail issues, emphasised that this chaos has persisted for 22 months He told Biznews that the recent problems are not unprecedented, and there remains a lack of effective legislation to address the prohibition of copper exports.

In an interview with Linda van Tilburg of Biznews, Nortjé estimated that Transnet’s losses due to these issues amounted to R30-35 billion, surpassing the impact of state capture.

Source: biznews.com

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