Struggling transport utility Passenger Rail Agency of SA says it has lost R199m since the enforcement of the national lockdown to curb the spread of Covid-19.
Prasa has terminated all services during levels 5 and 4 of the lockdown, in line with the Disaster Management Act regulations. He has addressed a letter to the unions requesting consultations on the VSPs, citing the deteriorating financial position at Prasa, which has been further worsened by Covid-19.
He said it has become an accepted practice at Prasa over the years to budget for a deficit, and said the plans he has for Prasa look to change this unacceptable budgeting culture.Mpondo said train operations will resume under level 3 of the lockdown, adding that Prasa has put precautions in place to limit community transmission and outbreaks.
Since coming to Prasa, Mpondo said his team has set up a robust executive committee structure, which has been meeting every two weeks since January. This structure is supported by five sub-committees, which meet twice a week.
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Prasa has lost R199m due to Covid-19, will resume operations on level 3The Covid-19 pandemic has had an enormous financial impact on Passenger Rail Agency of SA, with revenue loss estimated at R199m since the lockdown period began. Are the Guptas back? So this brother is smiling in the picture and your telling us Prasa lost R199m should we take it serious? What ? they stoped operations lat year mos before the pandemic
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Prasa has lost R199m due to Covid-19, will resume operations on level 3The Covid-19 pandemic has had an enormous financial impact on Passenger Rail Agency of SA, with revenue loss estimated at R199m since the lockdown period began. Are the Guptas back? So this brother is smiling in the picture and your telling us Prasa lost R199m should we take it serious? What ? they stoped operations lat year mos before the pandemic
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