
Listen! 'The time for rail reform is now'
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The persistent financial decline of Transnet and its knock-on effects have resulted in CEO, Portia Derby and CFO, Nonkululeko Dlamini resigning from the SOE. This follows pressure from various parties to do so as the SOE reported a loss of nearly R9bn this year, a near doubling from the loss reported the previous year. Business Day TV spoke to the CEO of the African Rail Industry Association, Mesela Kope-Nhlapo about why there needs to be urgency in addressing the situation.