#EskomInquiry: Gigaba defends board appointments

2018-03-15 17:47

Home Affairs Minister Malusi Gigaba told the Eskom inquiry that he had no crystal ball to tell which board members of SOEs would be caught up in allegations of state capture at the time their appointments were made.

Brown orders Transnet to report alleged wrongdoing, despite 'inconclusive' report

2018-02-20 13:03

Minister of Public Enterprises Lynne Brown has brushed aside Transnet's labelling of a report as inconclusive, and has instructed it to report alleged irregularities to authorities.

Lynne Brown to consider 'rotating' Transnet's board

2018-01-23 17:46

Minister of Public Enterprises Lynne Brown has said in Parliament that the question of changing the Transnet board should be considered, three days after Eskom’s board was changed.

Trillian, McKinsey to be served over Eskom and Transnet services, NPA confirms

2018-01-15 22:55

A preservation order is expected to be served on Trillian and McKinsey for assets worth around R1.6bn, the National Prosecuting Authority has confirmed.

Police probe Gama for 'spying'

2018-01-07 06:03

A former Transnet employee who raised the alarm on dodgy deals has laid charges against the parastatal’s bosses for intercepting his emails.

Only 7% of Transnet's senior supply chain staff have been vetted

2017-11-28 16:51

Transnet has only vetted 7% of senior staff, who handle supply chain management, despite a 2014 Cabinet directive to vet all employees in that field.

Mnangagwa to finalise Zim Transnet deal

2017-11-27 10:28

Zimbabwe's new president Emmerson Mnangagwa is expected to finalise Transnet's deal to recapitalise and provide technical support to the struggling National Railways of Zimbabwe.

EXCLUSIVE: Gupta 'negotiator' and the R4bn Transnet IT deal

2017-11-14 07:00

The value of a Transnet contract awarded to information technology (IT) company T-Systems ballooned from just under R1.7bn to nearly R3bn after known Gupta associate Salim Essa allegedly became a backchannel "negotiator" for the German multinational.

Transnet boss fights R2.5bn T-Systems deal

2017-11-12 06:00

CEO launches court bid to set aside Gupta-linked tender, while preferred bidder Gijima calls for a criminal probe into the contract.

Parliamentary inquiry into localisation policy underway

2017-10-30 07:04

Parliament’s portfolio committee on trade and industry has agreed on the way forward for an inquiry into localisation and public procurement, which includes Transnet's questionable procurement of over 1 000 locomotives.


Treasury concerned about Transnet governance alarm bells

2018-02-21 14:25

Despite logging a R14.1bn profit, Transnet needs to address concerns about governance lapses, Treasury’s budget review has stated.

Scopa asks Transnet to account for what has happened to whistleblowers

2018-01-23 21:01

MPs want to know whether any employees who blew the whistle against corruption at Transnet have been fired.

Hawks probing four suspected criminal corruption cases at Transnet

2018-01-23 13:23

The Hawks are probing at least four separate potential criminal matters related to alleged corruption at Transnet, separate from 'state capture' investigations.

Spurned wife spills the beans on Transnet web of corruption

2018-01-14 06:03

A former Transnet Freight Rail official and his wife were living the high life, allegedly paid for by kickbacks, until he began an affair.

Transnet execs snub Scopa meeting

2017-12-06 13:01

A delegation from Transnet has failed to appear before the standing committee on public accounts in Parliament over questionable contracts signed by the entity.

Transnet probing claims it was involved in 6 Gupta-linked deals

2017-11-28 15:57

Transnet is currently conducting internal probes into six Gupta-linked deals, following allegations made against them in various recent media reports, MPs have heard.

Train driver comes under attack for refusing to jump red signal

2017-11-14 14:59

Angry train passengers rounded on a female train driver who refused to jump a red signal in KwaZulu-Natal, the United National Transport Union has said.

Industrial park emerges from Highveld

2017-11-12 07:09

Management upcycles giant steel plant to provide jobs and business space in new industrial park, writes Sizwe sama Yende.

HSBC shuts down accounts linked to Gupta front companies - reports

2017-11-10 21:00

HSBC said on Friday that it “has been reviewing its exposure to the Guptas for some time, and has closed a number of accounts for associated front companies wherever we have found them”, according to reports by the Wall Street Journal, Reuters and Morningstar.

Gigaba: Transnet, Eskom, SAA critical for transformation

2017-10-25 14:22

Government needs to leverage off state-owned companies strategically to develop the economy, says Finance Minister Malusi Gigaba.

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