Another of the ANC’s ‘Developmental State’ fantasies which lies in tatters is its monopoly over the country’s rail and ports infrastructure. Over the past five years, more than a quarter of long-distance freight traffic has shifted off State-owned Transnet to roads, a trend which is accelerating.
The images below supplied by the National Treasury speak more than 1 000 words…
Read more:
- Budget 2023: The Executive Summary
- In Full: SA Finance Minister Enoch Godongwana’s 2023 Budget Speech
- Budget 2023: Greylisting – An update on this week’s big FATF decision
- Budget 2023: Commodity Boom delivers R300bn windfall for SA taxpayers
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