Ex-Transnet CEO on rail disaster; Tongaat's troubles; Evergrande defaults; Power Pulse
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In this episode of the BizNews Power Hour ex-Transnet Rail CEO Tau Morwe pinpoints the primary reason why his former charge is in such a desperate state; Chris Logan takes a deep dive into fallen angel Tongaat on the day when its financial woes (and share price) plumbed new depths; the final instalment in our series on Power Pulse, the innovative platform which brings Standard Bank-vetted solar power suppliers together with those wanting to offset the risk of Eskom; Alec Hogg unpacks the week's news highlights with NovaFM's Gary Stroebel - and from the FT in London; massive Chinese property developer Evergrande defaults and a revenue bonanza for the Big Four accounting firms.