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If Eskom is the beating heart of the SA economy, then Transnet is the spine. And that’s a deeply concerning thought considering both are in a perilous state.

Eskom has been on life support in the form of government bailouts for years now. Transnet was  not very long ago a rose among the thorns that are SA’s parastatals. It  is one of the few state-owned entities to generate a profit — R3.9bn year-ended March 2020, though that was a 34% slide from 2019 — and it was voted top employer three years in a row...

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