It seems incredible to think that, in the early 1990s, Transnet’s treasury division was so powerful that its decisions were said to have ramifications as far afield as the Bank of England.

Today, Transnet — which runs South Africa’s rail and ports network — is a barely perceptible shadow of its former self. Astonishingly, it is vying with Eskom as the biggest risk to the South African economy. ..

This article is free to read if you sign up or sign in.

If you have already registered or subscribed, please sign in to continue.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.