Train wreck: how Transnet derailed SA business

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Portugal Notícia Notícia

We all know the impact that Eskom has had on destroying SA’s economic growth, but Transnet’s abject failures have been equally corrosive.

On a flight from Joburg to Nampula in February 2005, a wise American railroader leant across the aisle and said to the reporter due to accompany him on a struggling war-battered railway across northern Mozambique: “I’m so happy to be going to a country where rail has a future.”

His frustration was palpable. The previous week had evaporated in fruitless attempts to set up meetings with senior managers at then-Transnet rail operator Spoornet to see if the utility would consider concessioning its abandoned branch lines to private operators...

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 20. in PT

Portugal Últimas Notícias, Portugal Manchetes