S.Africa’s Transnet gets $2.5 bln govt support package
Logistics utility has $7 bln debt Transnet’s woes hurting economy Requested govt funding for its recovery plan South Africa’s National Treasury said on Friday it has issued state-owned rail and ports firm Transnet a support package of 47 billion rand ($2.5 billion) to help with a recovery plan, which includes meeting its immediate debt obligations. … Continue reading S.Africa’s Transnet gets $2.5 bln govt support package
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