Not only is Transnet deep in debt but it cannot deliver iron ore, coal and other minerals to the ports for exports
By Letter to the Editor | Published Nov 4, 2023
OPINION: Like Eskom, Transnet has become a bottomless pit. Its debt has ballooned to R134 billion. But it’s a small matter for those running the huge parastatal that has gone off its tracks. They have a rich uncle who has an inexhaustible supply of funds and who is ever so willing to bail them out.