South Africa: Final Network Statement And Rail Tariff Methodology To Be Published By 30 September 2024

Transnet SOC Ltd. is making considerable progress in implementing institutional reform measures in accordance with the Freight Logistics Roadmap and the Guarantee Framework Conditions issued to Transnet by National Treasury. These include the reform of the rail business, corporatisation of the Transnet National Ports Authority (TNPA), and disposal of non-core assets.

The rail reform process, which entails the vertical separation of Transnet Freight Rail (TFR) into a Rail Operating Company and an Infrastructure Manager, is on track. Since the publication of the draft railway Network Statement in March 2024, Transnet actively participated in a consultation process facilitated by the Interim Rail Economic Regulatory Capacity (IRERC). This was in preparation for the finalisation of the final Network Statement to open train slots for third-party train operator access.

Following extensive consultations to align with key stakeholders, the Interim Infrastructure Manager has made its input to IRERC, and Transnet looks forward to the publication of the final network statement and proposed tariff methodology to open slots for third-party access by 30 September 2024.

The Rail Operating Company and Infrastructure Manager operating models and organisational designs will be finalised in the first quarter of 2025.