Transport union wants Prasa under administration
THE United Transport Union (Untu) on Wednesday called for the Passenger Rail Service of SA (Prasa) to be placed under administration, saying its management was failing to lead a turnaround of the embattled service.News that Prasa owed Transnet and municipalities more than R796m in accounts outstanding for more than the stipulated 30 days indicated there was "no light at the end of the tunnel", Untu said.Transport Minister Dipuo Peters should apply immediately to put the service under administration before there were further financial losses, the union’s general secretary Steve Harris said on Wednesday.In a written reply to parliamentary questions, Peters said Prasa owed Transnet almost R283m in amounts outstanding for more than 180 days."As long as Prasa has a cash flow problem, we will be unable to pay service providers on time. The contributory factors of the cash flow challenges include the tough economic climate, the unfunded mandate of Shosholoza Meyl, operational challenges su...
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