Gloomy P3bn railway line deal hangs in the balance

Transnet, which is a South African parastatal in custody of all the country’s ports, rail and pipelines, has been heralding the dawn of trade interconnectedness between Botswana and South Africa since 2011.

Delayed by bureaucratic bottlenecks, it is only until this year when Botswana Railways and Transnet went to capital markets seeking funding for the finance of a 113Km railway link, stretching from Mmamabula in Botswana to Lephalale in Limpopo, South Africa.