Guptas want back into Transnet pension

2017-10-15 06:00

Regiments Capital is suing the Transnet Second Defined Benefit Fund to recover lost fees and to possibly get reinstated, after its three-year contract was cut short.

Durban/Joburg fuel pipeline opens after years of delays, spiralling costs

2017-10-06 07:26

Transnet’s long awaited Durban to Johannesburg pipeline, pumping fuel inland from the coast, finally completed its more than nine year journey this week.

It's a tragedy that KPMG allowed itself to be used - Mohale

2017-09-29 06:13

KPMG allowed themselves to be used for the factional battles of the ANC – and that’s a tragedy, says Bonang Mohale, CEO of Business Leadership South Africa.

Transnet: We're not a member of BLSA, how can we be suspended?

2017-09-28 17:36

Just hours of it was suspended from Business Leadership South Africa, Transet said it had not renewed its membership, and could therefore not be kicked out.

#GuptaLeaks: A third Gupta-Transnet ‘kickback’ contract unearthed

2017-09-18 06:00

Transnet bought seven of the world's most expensive port cranes because a Chinese state-owned firm inflated the price to pay off the Guptas, a kickback contract shows.

SA freight rail operations can benefit from regenerative braking system

2017-09-13 19:48

By using a regenerative braking system, cost savings of between 15% and 25% could be achieved in freight rail in SA, says a Transnet engineer.

Parliament grills Transnet on Gupta links

2017-09-08 10:44

Transnet officials have come under fire in Parliament at a meeting of the Portfolio Committee on Trade and Industry where they faced a barrage of questions.

#GuptaLeaks: How Anoj Singh sang for his supper

2017-09-06 10:06

Evidence in the #GuptaLeaks and elsewhere points to a criminal conspiracy to defraud South Africans of billions, with Singh as a central and willing player.

Paving her way through maritime industry

2017-08-16 19:50

With the maritime industry formerly male dominated, women have to work hard to prove that they can head up pivotal positions in the industry, says a harbour master.

Eskom inquiry: Call for Zuma to face questioning

2017-07-25 17:52

MPs have called for the parliamentary inquiry into Eskom to be extended to Transnet and Denel, and for President Jacob Zuma to be among those questioned.


FSB has no oversight over Transnet pension funds

2017-10-13 18:41

The Financial Services Board has clarified its position in terms of oversight of the Transnet Employees’ Pension Fund.

The capture mind-set

2017-10-01 06:00

Now we know the enormity of the bullet South Africa dodged, at least temporarily, in December 2015 when Des van Rooyen got kicked out of Treasury after three days on the job.

#News24 ICYMI: Helicopter crash claims a life; Tshwane mayoral mansion could be for sale and why the Khwezi book launch matters

2017-09-28 18:26

South Africa has a new bank, backed by billionaire Patrice Motsepe’s African Rainbow Capital, Hugh Hefner’s wife inherits nothing after his death and former Trillian CEO describes her time at the firm as "most disempowering I have experienced in my career".

BREAKING: BLSA kicks 'corrupt' Eskom and Transnet out

2017-09-28 11:49

Business Leadership South Africa has booted out state-owned entities Eskom and Transnet for their involvement in state capture, with immediate effect.

Parliament to investigate massive Transnet locomotive tender

2017-09-17 16:11

Parliament’s trade and industry oversight committee has agreed to launch an inquiry into Transnet’s controversial acquisition of 1 064 locomotives at a cost of R50bn.

Transnet looks to build two new heavy haul rail lines

2017-09-10 06:00

Transnet is looking for funding to build a heavy haul railway line to link South Africa and Swaziland. In addition, the parastatal aims to complete a feasibility study next year into a Waterberg-Botswana coal rail link.

Rail requires smart innovation - Transnet CEO

2017-09-06 15:19

Sustaining rail operations requires smart innovations regarding operational efficiencies and cost effectiveness, says Transnet CEO Siyabonga Gama.

No quick fix for battered economy when Zuma goes

2017-08-31 07:57

Anyone who believes there’s a quick fix for South Africa’s political and financial malaise when President Jacob Zuma leaves office needs to think again.

OUTA lays criminal charges against Public Enterprises DG

2017-07-28 16:29

OUTA has laid fraud charges against Public Enterprises DG Mogokare Richard Seleke, following media reports of his alleged involvement in deals that benefited the Gupta family.

Software AG to probe Gupta-linked allegations

2017-07-25 15:41

German software company Software AG has told Fin24 it will investigate allegations that its SA office had a kickback agreement with a Gupta-owned company.

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