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Freight|Logistics|Transnet
Freight|Logistics|Transnet
freight|logistics|transnet

TRAIN WRECK

22nd September 2023

By: Darlene Creamer

     

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The collapse in the performance of Transnet is well documented. The State-owned freight logistics group has been left broke and broken and there are growing indications that it too will be seeking some form of bail-out at some point. However, given that government’s fiscal buffers have also all but collapsed, Transnet may be forced to do what private businesses do when their shareholders resist a rights issue, such as selling assets and downsizing.

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