Transnet Recovery Plan | Rail operator to stabilise by March 2025

JOHANNESBURG - State capture, corruption, and bad decisions have thrown Transnet seriously off-track in recent years. 

Added to that, a lack of maintenance was blamed for a backlog at South African ports last year. 

But Transnet says it has a plan to turn things around. A National Logistics Crisis Committee was established by the President and corridor recovery teams which added independent experts and the private sector. 

READ: New Transnet CEO and CFO announced

Transnet Chairperson Andile Sangqu says the expect to stabilise by March next year.