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 Address to refer: https://www.researchchannel.co.za/article/transnet-pares-back-capex-as-commodity-slump-impacts-demand-2016-06-27
 Article Headline: Transnet pares back capex as commodity slump impacts demand
 Abstract: State-owned freight logistics group Transnet has pared back its 2016/17 capital expenditure (capex) plan in line with its strategy of “validating” demand ahead of moving ahead with major investments. The rail, ports and pipelines utility expects to invest around R22.8-billion during the 2017 financial year, having already reduced its capex in 2016 to R29.6-billion, from a peak of R33.6-billion in 2015.
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