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Real Economy News in Real Time
R/€ = 19.81 Change: -0.16
R/$ = 17.92 Change: -0.31
Au 1618.30 $/oz Change: -1.04
Pt 729.21 $/oz Change: 12.21
 
 
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TFR says cable theft resulting in 21 trains a day being cancelled

21st February 2020 BY: Marleny Arnoldi
Creamer Media Online Writer

Between April 2019 and January 2020, 354 227 m of overhead cables on rail lines had been stolen.

State-owned freight utility Transnet and its Transnet Freight Rail subsidiary say the theft of overhead cables on rail lines has reached unprecedented levels, with, on average, 21 trains being cancelled a day as a result.

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The utility adds that the direct cost to company to replace cables amounts to more than R150-million a year.

However, the consequence of cable theft is not limited to financial losses, but also results in consignments not reaching their destinations on time and often human disaster and tragedy as well.

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Transnet manages more than 30 000 km of rail track and operates about 700 trains a day. 

The utility says each cable theft incident necessitates re-planning and re-allocation of resources that lead to delays in delivery of consignment.

Transnet assures that it is working hard with law enforcement agencies to curb cable theft. 

EDITED BY: Chanel de Bruyn Creamer Media Senior Deputy Editor Online
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