South Africa's Kumba Iron Ore calls on private sector to resolve rail crisis.
Kumba Iron Ore Ltd (KIOJ.J) on Tuesday cut its production outlook for the next three years due to a lack of freight trains to carry minerals to ports, and joined calls for private-sector involvement in state-owned logistics firm Transnet.
South Africa's freight rail capacity has plummeted as Transnet is hobbled by years of underinvestment, a...
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