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Thelo DB sets sights on SA being big continental railway supplier, creating jobs

12 November 2019 4:11 PM
Tags:
Africa
Railway
africa investment forum
Thelo DB

Eyewitness News reporter Ray White shares the latest word from the Africa Investment Forum.

With more than $100 billion invested in infrastructure in Africa over the past year, Thelo DB chairman Ronnie Ntuli says South Africa could be an anchor to supplying the railway market on the continent.

Speaking to Eyewitness News reporter Ray White on the sidelines of the Africa Investment Forum, Ntuli shared his company's vision for a massive railway network on the continent.

Ntuli insists South Africa has an advantage.

We as a country could be an anchor to supplying the African railway market, not only locomotives and wagons but broader into components. We could insource global capacity into South Africa and be the supplier for the continent of Africa.

Ronnie Ntuli, Chairman - Thelo DB

I think there are other markets that can also do it but we have a huge advantage of positioning ourselves. That stuff is what will definitively create jobs.

Ronnie Ntuli, Chairman - Thelo DB

Click on the link below to hear more from the forum...




12 November 2019 4:11 PM
Tags:
Africa
Railway
africa investment forum
Thelo DB

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