Proposed Budget 2025: Transnet's financial crisis: Treasury calls for debt reduction and strategic reforms in Budget 2025
By Tawanda Karombo | Published Feb 19, 2025
South Africa's state-owned transport utility Transnet faces mounting financial challenges as Treasury calls for urgent debt stabilisation. With losses exceeding R7. 3 billion and declining rail volumes, the entity must implement strategic reforms to restore operational efficiency and financial sustainability