Is Transet on the right track?

Transnet believes it’s on the right track. The state owned rail and ports utility says that it's addressed some of the concerns which were recently raised by Moody's. The ratings agency lowered its outlook for the company to negative citing worries about expenditure plans and the impact this would have on the group's balance sheet. But Transnet says the release of its interim results show that it's tackled the issues. Business Day TV spoke to acting chief financial officer Mark Gregg-Macdonald for more detail.