Mining News

TFR approaches customers on security levy to raise funds for rapid security overhaul

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State-owned railway utility Transnet Freight Rail (TFR) is approaching its customers about instituting a three-year security levy, which will be used to raise the funding needed for the rapid deployment of technology-based security solutions across a network that is currently collapsing under the strain of intensifying theft and vandalism. TFR CEO Sizakele Mzimela tells Engineering News & Mining Weekly that the levy, which will be injected into a ring-fenced security fund and governed outside of TFR’s internal procurement system, is still being canvassed with customers.

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