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Next phase of Transnet recovery plan to improve operational and financial performance

# Transnet has initiated phase 2 of its recovery plan, acknowledging ongoing challenges but expressing optimism for the future. While the first phase entailed stabilising operational performance, the second phase is geared towards improving operational and financial performance during the financial year ending March 2025. Chairperson Andile Sanqu says the plan was in full steam, adding that numerous initiatives had been developed to drive volume and improve efficiencies across various divisions. Efforts further include locomotive procurement changes and port efficiency measures.