Rail transport holds untapped potential that could be unlocked through third-party access – Gordhan

South Africa’s rail network, which currently represents about 20% of general freight market share and less than 10% of the passenger market share, presents an opportunity for role-players, both public and private, to reposition themselves and the industry in a way that contributes to its expansion, says Public Enterprises Minister Pravin Gordhan. In a keynote address during the Africa Rail Industry Association’s Future of Rail in Africa virtual event on March 31, he said it was clear that a “massive capital investment backlog” had to be tackled, as did the issues of inadequate funding, obsolete and aging infrastructure, deteriorating rolling stock and outdated technology.