Cash-strapped BR expects P25m loss
Friday, November 28, 2025 | 450 Views |
Hopeful: Ntwaagae says this year’s loss is an improvement on last year’s performance PIC: MORERI SEJAKGOMO
The expected loss follows years of maintenance budget backlogs, including low volumes of freight and cargo transport.
Last year, BR posted a P90 million loss as its financial woes deepened. The entity attributed the losses to “financial pressures and governance irregularities that have festered over the years”.
“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...