Prasa placed under administration, board dissolved
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SAA may be just the beginning. In his weekly newsletter, President Ramaphosa has reiterated that government will do anything to save SOEs. And on Monday, Transport Minister, Fikilile Mbalula announced that Prasa has been placed under administration, the board has been dissolved and Bongi-sizwe Mpondo has been appointed administrator. Alec Moemi, DG of the Department of Transport joined Business Day TV on the line with more of the detail.