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south african soeslatest news & developments
Off-track: Prasa’s operating deficit has ballooned from R2.3bn to R8.3bn, with material losses of R1.3bn due to write-offs of property, plant and equipment. Photo: Prasa Group
ANDILE SANGQU

State capture still stinging SOEs

Transnet and Prasa face financial, operational and governance challenges despite recovery efforts

  • Brian Sokutu
6 min read