Double trouble for South Africa’s Transnet
NewsThe volume of mining commodities handled by Transnet has fallen from 181.1 Mt in financial year 2020-21 to 149.5 Mt in 2022-23, with coal particularly affected.
As far as South Africa’s ports are concerned, the most im portant aspect of the government’s development strategy is the construction of the new integrated port and industrial centre of Coega (also known as Ngqura), just 20 kms from Port Elizabeth, under the auspices of the Coega Development Corporation (CDC.
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