South Africa Freight Transport Report Q3 2012 - New Market Research Report
BMI is cautiously optimistic with regards to South Africa's rail freight sector in 2012, with Transnet expected to surpass its target in volumes. Risks are to the downside, however, given the slowing growth in China and the possibility of a hard landing, which would impact on its need for South African iron ore and coal. Should this scenario take place, South African iron ore and coal ports, such as Richards Bay, would be affected. Strong private consumption should support the...
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