Deputy Speaker, I think the absence of the Freedom Front Plus in the House is an indication of how important they view this issue to be.
I will not ask a question but just make the following statement. This issue is currently not before Parliament or the executive or National Treasury. Transnet has already reported to the Portfolio Committee on Public Enterprises that they received a letter from the Minister of Public Enterprises in April 2011. The Transnet board met in June 2011 and instructed the management to find a funding solution based on the report from Parliament.
This is now a matter to be addressed between Transnet and the board of trustees of the two pension funds. Transnet, as the Minister has indicated, has already committed itself to cover any deficit. The administrative and statutory processes now need to be completed as soon as possible, as a matter of urgency. Thank you.