Transnet dagger pointed at the heart of SA's economy
The ports and rail operator will knock 5% off GDP in 2023, coming on top of a negative 6% in 2022.
Source: moneyweb.co.za
📰 Zane Simpson News
Zane Simpson News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Zane Simpson. Real-time updates on events, politics, business and more.
Transnet inefficiencies costing South Africa R1 billion a day
Transnet’s inability to rail sufficient volumes of commodities to ports is expected to cost the economy around R353 billion in 2023.
Source: citizen.co.za
Rail plan 'a donkey on steroids'
South Africa is losing up to R15bn a year because the government is slow to move cargo from battered roads to the rail network.
Source: timeslive.co.za