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SA's military faces a critical setback as its attack and transport helicopters remain grounded due to the lapse of a maintenance contract

(Bloomberg) -- South Africa has deployed its troops into two wars without renewing a maintenance contract needed to keep its essential attack and transport helicopters flying. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InRecord US Stock Rally Is Under Threat From a World in TurmoilChina Stocks Primed for Bullish Reopen After

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The contract lapse is evidence of how South Africa’s ambitions to bolster its influence on the continent with peacekeeping missions aren’t matched by a budget that’s struggling to finance everything from its armed forces to port and power-plant overhauls.

Zolani Kgosietsile “Kgosie” Matthews was appointed Group Chief Executive Officer (CEO) at the Passenger Rail Agency of South Africa (Prasa) on Saturday 27 February 2021 at the Langa train station in Cape Town. Matthews will replace Thandeka Mabija, the former human resources head who was appointed as acting CEO in 2019 when Minister Fikile Mbalula fired the board of Prasa and the acting CEO, Nkosinathi Sishi. Mbablula said it’s a new era for Prasa, but added: “The old chapter cannot be closed until we have stabilised corporate governance, management, commuter rail operations and resu...