Transnet scores massive bailout

[TopAuto]

Transnet scores massive bailout

South Africa’s transport and finance departments have approved a 51-billion-rand guarantee facility for the nation’s struggling rail and ports operator.

 

[Sideshow Bob]

Well done Transnet. You fell short by 49 billion on bailout monies but I am sure you shall strive to do your best next time.

 

[notayoba]

Let the feeding frenzy begin. The cadres must eat.

 

[Pegging]

This right winger misinformation nonsense again.

It is not a bailout!!!!

It is for capital expenditure and debt payment.