News

Spoornet steps back from the brink

By 1997-09-01T10:00:00

AUGUST 4 did not bring the cataclysm that South African analysts had expected. Instead of Transnet’s losses for the year ending March 31 mounting to a predicted R750m from R253m last year, the state-owned transport group increased turnover and cut its operating deficit to R170m, much to the relief of ...

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