Business News

Transnet’s Massive Half-Year Loss: South Africa’s Rail Crisis Deepens

South Africa’s state-owned freight rail and port operator, Transnet, has reported a staggering half-year loss, further exacerbating the country’s already dire rail crisis. The financial hemorrhage underscores the deep-seated problems plaguing the vital transport network, impacting everything from commodity exports to the overall economy. A Crumbling Infrastructure: The Heart of the Problem The massive loss […]

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