The transport sector has been forced to reinvent itself in the face of a hugely challenging 2020. But things are looking up.
South Africa’s Department of Transport has revealed that plans for the country’s new high-speed train project are on track for it to open in 2025. This bullet-train network will be jointly funded by government, investors and private-sector roleplayers.
The ‘decongestion’ project that was launched to streamline processes at South Africa’s busiest port, the port of Durban, is finally seeing some results. The port had long been criticised for negatively influencing productivity across the country because of delays at the terminal.
Thanks to a new agreement, two liquefied natural gas (LNG) pumps will be installed on the N3 highway between Johannesburg and Durban as soon as next year. This versatile, low-carbon fuel is cheaper than diesel.
And, to help contain the spread of Covid-19, the sector has had to increase digitisation rapidly. Read more about how this is playing out locally and abroad, as well as important company news and security developments, in the July edition of the Intelligence Report for the transport sector, collated by Old Mutual Corporate.