State-owned company on the brink of collapse despite receiving R1 billion in taxpayer bailouts

• Great North Transport is seeking a R199 million bailout to prevent collapse before it reaches break-even.
• The company has faced governance, operational, and financial crises, and has received R1 billion in taxpayer funding since 2017.
• Many stakeholders question the effectiveness of additional funding, citing governance and operational failures as the root causes of the company's distress.