Transnet has hit rock bottom

[Bloomberg]

Transnet has hit rock bottom

South Africa’s abysmal rail performance that’s crimped the ability of miners to export output has bottomed out, says Exxaro's CEO.

 

[rh1]

Lies, it can get worse.

 

[Bliksis]

Rocky bottom looming for Transnet

 

[dualmeister]

Fixing the main line will take as long as five years and require R12.2 billion just to upgrade signals and other infrastructure, according to an internal report.

Strange things used to work well.
I wonder what happened

 

[rh1]

Strange things used to work well.
I wonder what happened

The mysterious ANC fatpigs did thier magic.

 

[Pegging]

They didn’t implement AA, BEE and transformation fast enough.