Transnet should explain to Parliament the delayed release of its Annual Financial Statements
11 October 2021
Note to Editors: Please find an attached soundbite by Ghaleb Cachalia MP
Transnet must urgently appear before the Public Enterprises Committee in Parliament to explain the delay in the release of its Annual Financial Statements (AFS).
Transnet’s AFS for the financial year ended 31 March 2021 and should have been released at the end of September 2021.
The timely release of AFS is crucial for oversight, potential investor confidence and clarity on the allocation of costs.