‘There is nothing we can do.’ Gordhan bemoans ‘unreasonable’ Chinese rail company

The original article can be found here.

Article highlights:

  • Transnet chairperson Andile Sangqu says that the state-owned company’s debt burden is too much for it to bear.
  • According to acting Transnet CEO Michelle Phillips the company is scrambling to access new equipment for its ports.
  • Meanwhile, Public Enterprises Minister Pravin Gordhan said that talks to resolve the Chinese locomotive dispute had “gridlocked”.