Rail operator eyes South African, African leasing expansion with renewed locomotive fleet

Freight logistics company Grindrod, through its 43% shareholding in Pretoria-based freight company Railco Africa, is looking to expand its locomotives leasing and rail operations business in South Africa and the rest of Africa. This comes after it achieved success in Sierra Leone, having brought back to life a major 112-wagon iron-ore hauling operation from the Tonkolili iron-ore mine in central Sierra Leone to the country’s Port of Pepel – a distance of 200 km.

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