Prasa desperate for unspent R20bn to keep railways open

In a bid to stave off the collapse of SA’s passenger railway system, Prasa’s administrator has appealed to the ministries of transport and finance for permission to access a R20bn budget, said to have gone unspent due to poor management.

Prasa administrator Bongisizwe Mpondo plans to use the passenger railway agency’s capital expenditure budget for critical operational expenses. These are for the repair and replacement of stolen railway tracks and overhead power lines, and to address security system collapses...

This article is reserved for HeraldLIVE subscribers.

A subscription gives you full digital access to all our content.

Already subscribed? Simply sign in below.

Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.



Questions or problems? Email helpdesk@heraldlive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.