Transnet Acting CEO Siyabonga Gama on the developmental role of State Owned Enterprises

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Transnet Acting CEO Siyabonga Gama tells Tim Modise that Black Economic Empowerment is an imperative for the growth and future of South Africa’s economy. He says the R30 billion loan from China is going to be used to build locomotives that will generate 55 000 new jobs. He says Transnet paid “school fees’ of more than R 6 bn when building the Oil Pipeline to Gauteng.

8 Jun 2015 8PM English South Africa Investing · Business News

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