Funding crisis hits home

October 2010
Railway Gazette International;Oct2010, Vol. 166 Issue 10, p30
Trade Publication
The article discusses the financial crisis being faced by the Passenger Rail Agency for South Africa (PRASA). PRASA operates Metrorail and Shosholoza Meyl, which are the former commuter division of Transnet. Although Transnet cross-subsidized the passenger operating losses through its freight business, the Department of Transport (DoT) has not allocated funds. Suppliers have complained that PRASA payments are being delayed.


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