The State-owned logistics company, which has been plagued by several issues, has blamed its poor performance on shortages of maintenance funds, infrastructure vandalism and corruption.
Businessman Mthunzi Mdwaba accused Godongwana and other African National Congress (ANC) top brass of soliciting a R500 million bribe from him in exchange for a massive government contract.
Finance Minister Enoch Godongwana revealed that since being greylisted, several government departments and agencies are working hard to address the deficiencies. He set a 2025 deadline to get South Africa removed from the greylist.