New Market Research Report: South Africa Freight Transport Report Q3 2014
BMI maintains a cautiously optimistic stance with regards to South Africa's freight transport sector in 2014. Although there are risks to the mining sector from a potential hard landing in China, our Mining team believes that growth will continue, which bodes well for the rail and port sectors in particular. However, imports of containerised goods could struggle to maintain volumes as the central bank embarks on a rate hiking cycle. We have moderately downgraded most of our forecasts for the...
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