It’s no secret that Transnet – with out a doubt one of South Africa’s embattled SOEs – is riddled with components. From huge debt and declining market part to the most cancers of massive cable theft, Transnet is a essential threat to the commercial recovery of our country. Following Finance Minister Enoch Godongwana’s Funds Speech final week, BizNews founder Alec Hogg commented that it modified into “good to peep Eskom’s Mini Me indirectly getting the distinction it deserves from Pretoria”. The dire tell at Transnet is highlighted within the next correspondence bought from a BizNews community member. Confidently, Godongwana places his money where his mouth is and recognises the serious prefer to steer Transnet some distance off from its disastrous death … an consequence that currently looks inevitable. – Nadya Swart
By Peter Smulik
IT IS UNBELIEVABLE! Transnet stories that from Jan to Oct 2021, it misplaced 1,000 km of (overhead) copper cable and, within the 2 weeks leading up to 10 November, one other 55 km. It’s moderately evident that the gangsters (completely mafia-vogue gangs) are changing into fearless within the unprecedented. The safety is nowhere to be viewed, although controlling hundreds of kilometres of railway line securely prefer to be a assignment and a half of.
What I if truth be told enact not realize is where the SA police intelligence apparatus is to connect who trades all of that stolen equipment? That’s 1,000 km cable, not little fry! There prefer to be foremost sellers and/or processors round putting off it all.
What is pertaining to is that, as a results of the broken-down electrification, Transnet is involved on weeding out electrical traction and magnificent utilizing diesel in future.That will likely be an infinite tragedy; not handiest conceding defeat to gangsterism, but to the atmosphere, having a appreciable elevate in trim diesel engines pushing out their exhaust gases. It’s nasty adequate that distinguished of the merchandise previously transported by rail now goes by avenue transport, with hundreds of diesel automobiles contaminating the air. By no plan thoughts the concern to the avenue surfaces.
The powers that be need to seriously re-evaluate any switch to more diesel-pushed trains and dismantling electrification that took dozens of years and hundreds and hundreds of rands to erect. It’s nasty adequate that now we private hundreds of kilometres of unused, appropriate railway lines attributable to nasty management choices over many years.
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Cyril Ramaphosa: The Audio Biography
Be all ears to the epic of Cyril Ramaphosa’s upward push to presidential vitality, narrated by our very bear Alec Hogg.
Narration by Alec Hogg
