State-owned utility Transnet is embroiled in a spat with it auditors over items in its R49bn irregular expenditure reported in its 2019 financial year, acting group CEO Mohammed Mahomedy said on Monday.

Transnet, which reported a strong increase in its post-tax profit for the year to end-March of R6.05bn from R4.9bn, has increased its reported irregular expenditure, with deals before 2015 falling into the definition...

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