MPs present TransNamib rescue plan

Lawmakers have suggested that national rail carrier TransNamib exclusively transport dangerous goods and heavy freight, among many interventions to return it to profitability. The recommendation is contained in a report by the Parliamentary Standing Committee on Economics and Public Administration. Limiting the movement of dangerous goods and heavy freight would also aid in protecting the national roads, the lawmakers said. “Leveraging this potential is essential for profitability. Amendments to legislation should be considered to facilitate the movement of dangerous goods and heavy freight by rail. This is intended to protect the national roads and enhance freight movement, particularly when TransNamib has the capacity to handle additional volumes,” it read.“TransNamib Holdings Limited [TNHL] has a strong business case, given the availability of freight.”The government was also implored to invest in acquiring locomotives while refurbishing the rail network. Overcoming issues“To regain profitability, TNHL needs to address challenges related to competing with road transport. This involves overcoming issues related to old and unreliable rolling stock and railway infrastructure. Due to emerging oil, gas and green hydrogen markets, it is essential for the government to ensure sufficient investment in the railway sector is made at this time,” the report read. The investment is necessary to ensure that transportation corridors are operational at full capacity, according to the committee. Government was asked to favourably consider guaranteeing a N$2.6 billion loan the rail operator was seeking from the Development Bank of Southern Africa (DBSA) in 2022. The proceeds of the loan would go toward the acquisition and upgrade of locomotives, the lawmakers motivated. “This loan will support the acquisition of 20 to 25 locomotives, remanufacturing 10 locomotives, acquiring 300 wagons and tankers, upgrading workshops and equipment and providing necessary training,” the report said. Most vital aspectAnother aspect hampering TransNamib’s success was ensuring its employees are remunerated as a means to bolster profitability, the report said. “The most vital aspect of TNHL’s success is its people. It is essential to recognise that TNHL is more than just infrastructure and assets - it is a company driven by its employees. “Empowering and capacitating the workforce, as well as ensuring fair remuneration, are crucial steps towards profitability,” it read.

MPs present TransNamib rescue plan

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Namibian Sun 2025-06-20

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MPs present TransNamib rescue plan

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Namibian Sun 2025-06-20

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