GE: Rail rehabilitation & infrastructure investment key to Africa growth

General Electric is looking to lock in volumes of around $4 billion with Transnet over the next five years and use this as a platform for growth of rail into the rest of the region. Alec Hogg spoke with GE’s Head of Transport in Africa Thomas Konditi on the sidelines of WEF Africa currently on the go in Cape Town, South Africa.

China bans “private” taxis – pre-emptive blocking of Uber

By Bonnie Cao and Huang Zhe (Bloomberg) — China’s Ministry of Transport banned private cars from offering unlicensed taxi services via mobile-phone apps, even as it endorsed the software as having a “positive role” for licensed vehicles and chauffeurs. Car-hailing apps should differentiate their services from public transportation and taxis, according to a Jan. 8 … Read more