MPs briefed on financial woes at the state-owned enterprises
Logistical challenges on Transnet’s commodity lines have eroded profitability
29 August 2023 - 17:28
The performance of state-owned port, freight rail and logistics group Transnet’s commodity transport business deteriorated in the June quarter.
The company was plagued by logistical challenges on its freight lines, which resulted in significant lost profits for commodity producers unable to get their product to ports for export...
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