WATCH: How Prasa was placed under administration
Alec Moemi, the director-general in the transport department, talks to Business Day TV about the fate of the Passenger Rail Agency of SA
In his weekly newsletter, President Cyril Ramaphosa reiterated that the government will do anything to save the state-owned enterprises (SOEs).
On Monday, transport minister Fikilile Mbalula announced that Prasa has been placed under administration, the board has been dissolved and Bongi-Sizwe Mpondo has been appointed administrator.
Alec Moemi, the director-general in the transport department, joined Business Day TV to discuss the issue.