Andile Sangqu
latest news & developments
State capture still stinging SOEs
Transnet and Prasa face financial, operational and governance challenges despite recovery efforts
Transnet grilled in parliament over debt, governance failures and audit concerns
Transnet faced intense scrutiny in Parliament as MPs raised concerns about rising debt, weak governance and persistent audit failures in spite of signs of recovery
Transnet stands by Durban terminal partner
The state-owned entity’s board chair assured the public that a recent court challenge won’t send its privatisation efforts off track
Transnet seeks government financial support, but mum on details
The state-owned logistics entity, plagued by R130 billion in debt and neglected infrastructure, has presented a turnaround plan to claw its way back to profitability
Transnet’s privatisation plans
The 124-page Roadmap for the Freight Logistics System in South Africa sets out the path for expanded private investment in the country’s rail network