MOZAMBIQUE'S publicly-owned ports and railway company, CFM, continues to suffer losses of $50 000 a day due to the closure of the key Limpopo line linking Zimbabwe to Maputo, says CFM public relations officer Nelson Saute.
The line was closed in February due to damage incurred by summer cyclones. As repair work
continues, and is tabulated along with the company's income loss, the total stands at $7.5 million in losses for that line alone.
Goods from Zimbabwe destined for the port of Maputo continue to be rerouted through South Africa, causing shippers to incur additional expenses and denying CFM revenue.
Ongoing rehabilitation efforts on the Limpopo line, which include replacing washed-out stretches of track and rebuilding foundations and bridges, have thus far cost $7 million.
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