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info@radiopanache.co.za Johannesburg, Gauteng, RSA

News24 | Rea Vaya operator placed under business rescue after creditor tries to seize buses

Piotrans, the company that operates Johannesburg’s Rea Vaya bus system, was intended to be a model of what Black Economic Empowerment could achieve, but now, its creditors allege, mismanagement and maladministration have brought it to the brink of collapse.

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