South Africa to unveil private-rail investment rules by February

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SOUTH Africa plans to complete a framework for private companies to use state-owned port and rail infrastructure within six months, Transport Minister Barbara Creecy said, a move that could help the government solve severe logistics constraints that have hit economic growth.

The framework will serve as a guide on how the government works with third parties, and will pave the way for it to call for interested companies to make proposals, she told reporters Tuesday in Johannesburg. – moneyweb.co.za

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