Transnet has faced operational problems, mainly in the critical rail and port businesses, resulting from underinvestment in infrastructure and equipment. Photo: (Karel Prinsloo/Bloomberg)
On 12 July, the African Development Bank’s (AfDB) board of directors approved an R18.85 billion loan to Transnet, one of the most significant parastatals in South Africa. Transnet has faced operational problems, mainly in the critical rail and port businesses, resulting from underinvestment in…
