Johannesburg - State-owned logistics group Transnet plans to
increase its capacity to haul iron ore from mines to ports by 56% over the next
seven years, its chief executive Brian Molefe said on Tuesday.
Molefe also said Transnet, whose wagons carry 53 million
tonnes of iron ore currently, would increase its capacity to move coal from
mines to ports from 68 million tonnes to 97.5 million tonnes over the same
Transnet recently tripled its capital investment programme
to R300bn over seven years to expand infrastructure in Africa’s biggest
economy, where bottlenecks on rail lines and at ports have slowed exports and
Transnet moves commodities such as coal, iron ore and fuel.