Export coal volumes decreased by 0.2% to 61.8 million tonnes,
principally because of operational issues on the railway. However,
export iron-ore volumes continued their strong upward trend, rising
21.5% to 44.7 million tonnes, a 41% increase over 2005 levels. General
freight declined from 78.4 million tonnes to 72.1 million tonnes.

A cost cutting campaign bore fruit with net operating expenses rising only 3.2% to Rand 13.4 billion.

hopes to strengthen its financial performance by concessioning
under-utilised freight lines to other operators. Expressions of
interest were invited recently for the operation of 7300km of branch
lines, only 3928km of which are currently operational. TFR is also
assessing the possibility of leasing locomotives and rolling stock to