MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.
It’s time the EU commits to financial support for rail to meet policy goals
Consistency in pursuing goals, political commitment and explicit financial guarantees. Those are the three pillars that will ensure rail investments take place in a targeted and efficient manner in pursuit of reaching climate and decarbonisation goals and making rail freight more competitive. According to ETF, CER, and UITP, it is high time the EU proved…
LX Pantos opens rail terminal in Hungary for car battery logistics
South Korean logistics company LX Pantos has opened a new rail terminal in Tata, Hungary. It will lease the terminal from Austrian Rail Cargo Group (RCG) for a duration of 10 years. LX Pantos seeks to dive into car battery logistics, for which there is growing demand in Hungary. The opening ceremony for the terminal…
60 per cent of Italian railways to be closed in 2024
The next couple of years will be quite burdensome for the Italian rail freight industry as traffic along many lines will have to be interrupted for upgrade works. Just throuhgout 2024, 60 per cent of the Italian rail lines will be subject to partial or total closure, for a total of 4,100 days. Over 200…