This past week, the ANC’s president, Cyril Ramaphosa, had to intervene so that Eskom did not cut off the Passenger Rail Agency of SA (Prasa) power supply. The power supply would be cut off if the president did not intervene, and Prasa’s power supply for electrically powered trains would be cut off, which would force..
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Parasitic SOE, Prasa also bankrupt? – Eskom threatens to cut power supply to trains due to default in payment
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Prasa head suddenly resigns after only 9 months and his resignation comes as a shock to the SA business sector
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The Chief Executive Officer of Passenger Rail Agency of SA (Prasa), suddenly handed over his resignation to the Board, and his resignation apparently means his immediate retirement. Sibusiso Sithole’s resignation came just nine months after being appointed to the post, and the unexpected resignation raised many eyebrows in the business sector. The Board of Directors..
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