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Transnet CEO claims company not yet on track to meet 193 million-ton rail stretch target

# Transnet CEO Michelle Phillips says that meeting the 193-million-ton rail stretch target will require significant work, as the company is currently behind schedule. Speaking at the Joburg Indaba, Phillips highlighted the importance of collaboration with the private sector to improve rail and port systems. She said that while Transnet aims to surpass its 170-million-ton goal for 2024/25, achieving this will depend on reforms and private-sector participation in rail operations.