KEY INSIGHTS INTO THE RAIL INDUSTRY
RAILWAY ECONOMIC REGULATOR
THE INTERIM RAIL ECONOMIC REGULATORY CAPACITY (IRERC)
The Interim Rail Economic Regulatory Capacity (IRERC) is managing the public consultation process on Transnet’s Draft Network Statement as part of the government’s broader Roadmap for the Freight Logistics System in South Africa. The IRERC was established through a Memorandum of Understanding between the Ministers of Transport and Public Enterprises, serving as an interim body until the Transport Economic Regulator (TER) is formally established.