
Transnet’s latest financial results paint a gloomy picture for South Africa’s economy if the recent financials are anything to go by. Transnet reported an R8.8 billion loss for its 2023 year. This loss follows a loss of R4.7 billion in the previous financial year on the same basis. We are now joined by African Rail Industry Association (ARIA)CEO, Mesela Nhlapo, to discuss this further.