Port, Rail Failures May Have Cost South Africa $7.6 Billion in Exports
Freight wagons in Ermelo, South Africa.
Photographer: Dean Hutton/Bloomberg
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South Africa’s poorly run ports and freight rail lines may have cost the country 150 billion rand ($7.6 billion) in exports last year, the Minerals Council said.
The lobby group, which represents most miners operating in the country, based its estimate on the design capacity of rail lines to ports compared with annual shipments, it said in its annual report on Wednesday.