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    Home » Transnet to Spotlight Rail Reform at African Mining Week
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    Transnet to Spotlight Rail Reform at African Mining Week

    August 24, 20263 Mins Read
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    Russell Baatjies, Group Chief Executive of Transnet Freight Rail
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    Russell Baatjies, Group Chief Executive of Transnet Freight Rail, has been confirmed as a speaker at African Mining Week (AMW) 2026 – Africa’s premier gathering for the mining industry – taking place October 14-16 in Cape Town.

    Baatjies will participate in the Regional Connectivity: Financing Africa’s Mineral Infrastructure panel, where he is expected to discuss Transnet’s strategy to modernize South Africa’s freight rail network, expand private sector participation and strengthen regional logistics corridors to support mining growth and cross-border trade.

    His participation comes as South Africa accelerates sweeping logistics reforms aimed at removing infrastructure bottlenecks and unlocking greater investment across its mining sector. As the country seeks to mobilize R2 trillionto develop its critical minerals industry – including an estimated R40 trillion in untapped iron ore resources – expanding rail and port capacity has become central to increasing exports of coal, platinum group metals, manganese, chrome and iron ore while improving regional trade connectivity.

    In May 2026, Transnet signed rail access agreements with 11 Train Operating Companies (TOCs) serving the coal, manganese, container, fuel and general freight sectors, marking a major step toward opening the national freight rail network to private operators. The agreements are expected to add 24 million tons of annual freight capacity, with the potential to increase to 52 million tons over the next five years, supporting South Africa’s goal of increasing annual rail volumes from approximately 180 million tons to 250 million tons by 2030.

    Building on these reforms, Transnet launched the procurement process in June 2026 for The Leasing Company, a rolling stock leasing platform designed to improve access to locomotives and wagons for both established and emerging TOCs. The initiative is expected to increase asset utilization, strengthen freight capacity and attract greater private investment into Southern Africa’s rail sector.

    The company is also reinforcing its financial position to accelerate infrastructure modernization through major financing agreements, including a €300 million loan from Agence Française de Développement, a €350 millionloan from the European Investment Bank, a $278 million facility from the New Development Bank, a $1 billionloan from the African Development Bank and a R94.8 billion government guarantee package supporting its long-term recovery and investment program.

    Alongside infrastructure investment, Transnet is strengthening collaboration with the mining industry to improve export capacity through strategic agreements with Exxaro Resources, United Manganese of Kalahari, Hotazel Manganese Mines and Tshipi é Ntle Manganese Mining, reinforcing efforts to support higher mining production through more efficient logistics.

    At AMW 2026, Baatjies is expected to examine how rail modernization, private sector participation and regional logistics integration can unlock new mining investment while strengthening Africa’s mineral value chains and improving access to global markets.

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