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rail infrastructurelatest news & developments
Off-track: Prasa’s operating deficit has ballooned from R2.3bn to R8.3bn, with material losses of R1.3bn due to write-offs of property, plant and equipment. Photo: Prasa Group
ANDILE SANGQU

State capture still stinging SOEs

Transnet and Prasa face financial, operational and governance challenges despite recovery efforts

  • Brian Sokutu
6 min read
Prasa, through the rolling stock recapitalisation programme, procured new rolling stock for its Metro Rail operations as part of its long-term modernisation strategy. (Delwyn Verasamy)
AUDIT IMPROVEMENT

Prasa achieves first unqualified audit in nine years with 93% performance rate

The state-owned passenger rail agency has a long-term goal of 600 million trips by 2035

  • Nkateko Joseph Mabasa
3 min read
ENOCH GODONGWANA

Catching a ride on the minerals train

The ruling party has motioned that Transnet help mining houses by upgrading or building rail infrastructure, which is a cheaper form of transport.

  • Sharda Naidoo
3 min read
LUCKY MONTANA

Railways could get R137bn injection from government

Prasa has said government could be investing R137-billion in modern rail infrastructure as private funding for the project might be unaffordable.

  • Staff Reporter
1 min read