Opinion
9 minutes ago
WATCH | Transnet turns to govt for funding
Transnet is hoping the government will bail it out as it needs more money to maintain freight rail infrastructure.
JOHANNESBURG - Transnet is hoping the government will bail it out as it needs more money to maintain freight rail infrastructure.
It comes as it's hit by cable theft and infrastructure budget cuts.
WATCH | Transnet Fraud Case | State accused of dragging its feet
Cable theft has alone cost the company over R4bn over the past five years.
eNCA’s Moloko Moloto spoke to Transnet Group CEO Portia Derby in the video above.