- Commodities Weekly - Framing tariff-induced stagflation risks
- African Private Capital Fundraising Doubles to $4bn in 2024
- The Rise of Contemporary African Art in a Global Market - Marelize van Zyl
- 21st Edition Connected Banking Summit – Innovation & Excellence Awards 2025
- Afreximbank delivered exceptional 2024 financial performance
South Africa Seeks to Protect Freight Rail From Extreme Weather

JOHANNESBURG (Bloomberg) — South Africa’s ports and rail operator, Transnet SOC Ltd., is taking steps to counter adverse weather conditions that have increasingly been interrupting deliveries.
Transnet’s freight-rail unit was forced to slow iron ore and manganese deliveries last month because of damage caused by tropical cyclone Eloise, the company said in a statement. Heavy rains scoured away soil at the base of the rail tracks, leading to derailments and line closures, it said.
“Increased changes and unpredictability in the weather patterns dictate that improved measures be implemented to avoid damage to the railway network and the broader port infrastructure,” Transnet said. It will conduct topographical and hydrological surveys to help determine what needs to be done to safeguard the infrastructure.
State-owned Eskom Holdings SOC Ltd., the utility that generates most of South Africa’s electricity from coal, has also recently been affected by bad weather, with downpours simultaneously soaking through stockpiles of the fossil fuel and interrupting operations to extract new supply.
Source: Bloomberg Business News