SCOTT EDMUNDSON: The state of rail reform and liberalisation
The National Logistics Crisis Committee estimates that the country’s macro logistics system loses roughly R1bn a day.
The rail sector in South Africa is at a breaking point and urgent action is required. From a freight perspective, Transnet’s incapacity to dispatch locomotives is at an all-time high. The National Logistics Crisis Committee estimates that the country’s macro logistics system loses roughly R1bn a day.
The Cape Town Convention (CTC) and the Luxembourg Rail Protocol (LRP) are likely the most important recent global legislative developments and international treaties in the rail sector. The CTC was signed in Cape Town in 2001, and the LRP adopted in 2007 and approved in June 2023 by South Africa’s cabinet for ratification (following ratification by Luxembourg, Spain, Sweden, the EU, and Gabon)...
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