Prasa joins list of SOEs struggling to pay salaries on time

The Passenger Rail Agency of South Africa (Prasa) has joined the list of state-owned entities struggling to pay its employees on time.

Earlier this week, state arms manufacturer Denel informed workers they would receive only 85% of their June salaries, before a last-minute approval resolved the situation.

Read: Cash-strapped Denel to pay employees only 85% of salaries

On Wednesday, Prasa released a statement alerting staff that not all of them would be paid on Thursday as expected.

It attributes this delay to an unforeseen technical glitch.

Clement Manyathela asks Prasa spokesperson Nana Zenani which employees are affected.

The Prasa corporate office, as well as Metrorail, are affected by the delay. The reason for that is that those two areas have the highest number of employees. So when you look at the balance of the amount that needed to be banked in order to give an increase to workers outside managerial positions, it created a discrepancy.

Nana Zenani, Spokesperson - Prasa

Zenani says the company has launched an investigation to ascertain who is to blame for this discrepancy.

The delay we are talking about is a just a 12-hour delay, but it doesn't exonerate Prasa from doing the right thing as this is an inconvenience.

Nana Zenani, Spokesperson - Prasa

Listen below to the full interview:


Recommended

by NEWSROOM AI
Read More
'A large portion of Denel's challenges directly linked to state capture'

'A large portion of Denel's challenges directly linked to state capture'

Group CEO Danie du Toit says company now able to pay outstanding 15% of employees' June salaries after receiving a late approval.

Cash-strapped Denel to pay employees only 85% of salaries

Cash-strapped Denel to pay employees only 85% of salaries

Trade union Solidarity's Johan Botha says it is a problem and an inconvenience that Denel only announced it a day before payday.

More heads expected to roll at Prasa, says Satawu

More heads expected to roll at Prasa, says Satawu

On Wednesday the passenger rail agency announced it had terminated the former company secretary's contract with immediate effect.

Two trains torched over the weekend, Prasa says it is not the commuters

Two trains torched over the weekend, Prasa says it is not the commuters

Strategy chief says there are people who are hell-bent on undermining the efforts of government in improving passenger rail travel.

Why #UniteBehind had a sit-in at Cape Town Prasa offices

Why #UniteBehind had a sit-in at Cape Town Prasa offices

Zukie Vuka of #UniteBehind explains its Wednesday protest at Prasa's offices where it demanded train safety issues be addressed.

'A pragmatic approach is needed to fix the Prasa crisis'

'A pragmatic approach is needed to fix the Prasa crisis'

Transport minister has also said government’s strategy to turn around the crisis-ridden agency has failed.

Popular articles
Capitec Bank has the strongest brand of any company in South Africa

Capitec Bank has the strongest brand of any company in South Africa

Castle Lager came in second, followed by FNB, Black Label, Discovery and Vodacom, according to the 2019 Brand Finance report.

I haven’t saved. I intend to work well into my 100s - Leon Louw (FMF)

I haven’t saved. I intend to work well into my 100s - Leon Louw (FMF)

Bruce Whitfield talks to Leon Louw (Free Market Foundation) about his attitude toward money (hopes, fears, successes, failures...)

3 best JSE and offshore shares to buy, right now (by Anchor Capital)

3 best JSE and offshore shares to buy, right now (by Anchor Capital)

The Money Show’s Bruce Whitfield asks Henry Biddlecombe (an analyst at Anchor Capital) for his stock picks of the week.

Advisor scams pensioners out of R100 million with promises of 14% returns

Advisor scams pensioners out of R100 million with promises of 14% returns

Bruce Whitfield interviews Phillip de Wet (Business Insider), Robert Walton (Boutique Collective Investments) and Brandon Topham.

'I've been poor. I remember the angst, the depression'

'I've been poor. I remember the angst, the depression'

The Money Show’s Bruce Whitfield interviews Lira about her attitude to money (hopes and fears, successes and failures, etc.).

'We find connections between gangs in Cape Town, Johannesburg and Durban'

'We find connections between gangs in Cape Town, Johannesburg and Durban'

Global Initiative against Transnational Organised Crime's Simone Haysom says gangs operate far broader than the Western Cape.

'I should have told the Sunday Times the pot smoking was irrelevant'

'I should have told the Sunday Times the pot smoking was irrelevant'

Investigative journalist Jacques Pauw says he's sorry for any harm caused in his article on Mkhwebane and her principal witness.

I decided to make this Rihanna song with my maskandi vision - Mbuzeni Mkhize

I decided to make this Rihanna song with my maskandi vision - Mbuzeni Mkhize

After South African star Mbuzeni Mkhize performed a remix of Rihanna's track 'Diamonds' she contacted him to collaborate with her.

What are the best investment options if you decide to go it alone?

What are the best investment options if you decide to go it alone?

Certified financial planner Paul Roelofse gives the lowdown on the money market, retail bonds and exchange-traded funds.