State-owned freight logistics group Transnet reports that the vertical separation of its rail business is on track and that the operating models and organisational designs for the rail operating company and infrastructure manager respectively will be finalised in the first quarter of 2025. In an update on the institutional reforms being undertaken in line with the Freight Logistics Roadmap and the National Treasury’s guarantee framework conditions, Transnet also said it looked forward to the publication of the final regulatory framework needed for third-party access to the network.