Tuesday 14 October 2008

Goods train

posted by Paul
Goods train with Table Mountain in the backgroundMany years ago my dad worked for SATS (South African Transport Services) at Cape Town harbour. At the time SATS was owned by the government. On 1 April in 1990 a strange thing (IMHO) happened: SATS was restructured and became Transnet Limited, an incorporated company with the State as its sole shareholder.

At the time it was said that SATS was being "privatised", but this made no sense to me since the State owned all the shares. If you happen to know the rationale behind this action, please do let us know.

Okay, so where I was headed with that story was simply that this diesel goods train belongs to Transnet Freight Rail, a division of Transnet Limited, and formerly (last year) known as Spoornet (which translated means rail network).

1 Comments:

Blogger Migs CFL fan said...

Fantastic countryside shot. thanks for sharing

Cheers

http://reginainpictures.blogspot.com/

15 October 2008 1:45 AM  

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