We cannot be bystanders while Transnet is drawn into a squabble that has nothing to do with usThe editorial "There is no smoke without a bonfire" refers. You make a number of misguided and inaccurate observations against Transnet.You take exception to Transnet’s focus on financial details when updating stakeholders about its performance for the interim period to September 30 2016. Absent from the matchbox analysis is the other pillars that Transnet reports on. Transnet has a constellation of stakeholders that includes its bankers, investors and bond holders, employees, the shareholder and society at large.Transnet does not need to be listed to be an effective organisation — especially as we raise capital on the strength of our balance sheet, and without government guarantees.You find it problematic that Transnet is intensifying its investment efforts into the general freight business and are of the view that this is in vain because we are failing to "regain sufficient traffic from t...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.