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STATE-OWNED ENTERPRISES

Leadership incompetence, lawlessness derails Transnet

I was asked to comment on remarks by some top economists and other people that the “collapse of Transnet has cost the South African economy over R3.1 trillion”.

Some people have said the comments were exaggerated and outright scaremongering. It is not an exaggeration.

It is true that when the new ANC-led majority government took over after the historic first post-apartheid democratic elections

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