Bloomberg News

Transnet Plans to Double Grain Transport in Seven Years, FM Says

April 11, 2012

Transnet SOC Ltd., South Africa’s state-owned ports and rail company, plans to double the amount of grain it transports over the next seven years as it increases capacity, the Financial Mail said, citing Agriculture Sales and Marketing Executive Manager Albert Swart.

Transnet transported 3.3 million metric tons of grain last year, or 20 percent of all local output, the Johannesburg-based weekly reported.

To contact the reporters on this story: Sikonathi Mantshantsha in Johannesburg at smantshantsh@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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