"We are now at the point where most of SA’s railway network is likely to be written off " - David Williams on PRASA

Loading player...
Former deputy editor of the Financial Mail, David Williams, wrote a fascinating report for the Brenthurst Foundation in which he unpacked the mess at the Passenger Rail Agency of South Africa (PRASA). In the report – 'Why there are so many trucks on the road and so few trains on the tracks' – Williams discussed some of the necessary steps that must be taken to restore a once safe and efficient rail system. Williams spoke to BizNews founder Alec Hogg about the critical situation at PRASA and what he reckons the government should do to revive the problematic public entity. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Nov 2021 5AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min