Transnet may not need state bailout, says Treasury DG
Entity could leverage its guarantee to raise funds and focus on operational challenges
02 September 2024 - 11:16
Transnet would not necessarily need the bailout the state-owned logistics group has been pushing for if it leverages its government guarantee to raise the funding it needs and focuses on dealing with its operational challenges and implementing reforms, National Treasury director-general Duncan Pieterse said at the weekend...
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