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Transnet Engineering seals ZAR2 billion deal to deliver trains in Zimbabwe

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South Africa’s state logistics company Transnet said today, 13 February 2018, it would on Friday deliver the first locally built mainline locomotives, wagons and passenger coaches to the National Railways of Zimbabwe in a transaction valued at over ZAR2 billion.

The company said its Transnet Engineering subsidiary, led by chief officer for advanced manufacturing Thami Jiyane would deliver the trains ata ceremony in Zimbabwe’s second city of Bulawayo at a ceremony to be attended by the country’s president Emmerson Mnagangwa and transport minister Joram Gumbo.

In a deal to revive Zimbabwe’s strategic industries, Transnet Engineering has been appointed to supply 24 locally manufactured locomotives, 10 new locomotive shunters and 13 refurbished shunters, 200 general purpose wagons, 768 wagons to be refurbished and 162 passenger coaches.

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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 15 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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