Скачать или смотреть Metro train retrieval at Wictra Holdings after PRASA's contract cancellation | Railways South Africa

MetroRail Cape Town's metro train retrieval from Wictra Holdings after PRASA's contract cancellation. 10 5M2A Coaches including three motor units in various states of refurbishment were picked up 19 Feb 2020 in Brackenfell. Make your own conclusions using this BACKGROUND EXTRACT

from a Daily Maverik article titled "Prasa meltdown likely to derail 10,000 jobs" dated 15 November 2019: In a desperate plea to Prasa in November, Wictra Holdings, which has been doing general overhaul, refurbishment and ad hoc maintenance work and other repairs to Metrorail’s trains for 23 years, said it would have to dismiss all its 2,000 employees if Prasa does not resume contracting out maintenance work for its coaches. The company said in the 1 November 2019 letter that it has only been able to pay half the salaries of its employees until June. It will continue to pay half the salaries until the end of November, when it will run out of funds. "Our financial resources have now almost been depleted and we are faced with total closure of our operations in Johannesburg, Cape Town, Pretoria, East London and Durban,” said Wictra in the letter, signed by its chief executive Wicus Pretorius. Unable to maintain substantial rental fees, we will be forced to give notice to our landlords and vacate our leased properties by the end of November 2019. If this situation is not reversed by Prasa we will have no other choice than to permanently lay off all our staff. One of the shareholders of Wictra told Daily Maverick the company will have to terminate operations by the end of the month. We have already put in the processes to retrench all staff and close shop,” said the investor, unwilling to be named for fear of reprisals. “We’ll close shop, retire to our corner and lick our wounds. Should Wictra proceed with the planned retrenchments, this will most likely double the number of jobs lost in the railway industry as a result of Prasa’s inability to execute normal maintenance work on its infrastructure.”
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