From Creamer Media in Johannesburg, this is the Real Economy Report.
Sashnee Moodley:
South African rail, port and pipeline company Transnet’s subsidiary, Transnet Freight Rail, in October officially reopened the Cookhouse-Blaney branch line in the Eastern Cape. Tasneem Bulbulia tells us more.
Tasneem Bulbulia:
The investment into rehabilitating and reopening this line follows renewed interest from the business community to transport beverages and other fast-moving consumer goods products, cement and containers with auto parts between Gqeberha and East London.
Transnet Freight Rail Chief Executive Sizakele Mzimela explained more during the launch.
TFR CE Sizakele Mzimela:
Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.