Mystery shrouds R41m fee to Gupta-owned firm which benefitted from Neotel-Transnet deal

2019-06-11 16:17

The commission of inquiry into state capture has sought to understand why Gupta-linked company Homix was paid R41m by Neotel, after the technology company won a contract with Transnet.

WATCH LIVE: More Transnet testimony at state capture inquiry

The commission of inquiry into allegations of state capture will resume on Monday with a new witness, former Transnet Group Chief Information Officer, Makano Muriel Mosidi.

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'I felt my life was at risk' says ex-treasurer on resignation from 'toxic' Transnet

2019-06-07 13:53

Transnet's former group treasurer has testified that she resigned from the state-owned company in 2014 after the environment became too toxic for her to handle and she started to fear for her safety.

AS IT HAPPENED: Anoj Singh was 'very reckless, corrupt' while Brian Molefe was 'a smooth operator' - former Transnet treasurer at State Capture Inquiry

2019-06-06 17:00

The judicial commission of inquiry into state capture continues with more Transnet-related testimony from former group treasurer Mathane Eveline Makgatho.

There's a CEO crisis in South Africa and no one is stepping up

2019-06-06 08:13

The exodus of chief executive officers during an economic downturn is becoming alarming, particularly as there are apparently so few ready replacements.

Government meddling sets black execs up to fail at SOE 'slaughterhouses' - BMF

2019-06-04 19:08

The Black Management Forum released a strongly worded statement after the resignations of South African Airways group CEO Vuyani Jarana, Eskom CEO Phakamani Hadebe and Transnet ending the contract of acting group CEO Tau Morwe.

Regiments earned an 'excessive' R265.5m from Transnet, inquiry hears

2019-05-31 20:00

Regiments' fees for advisory services to Transnet skyrocketed by 754% in a matter of two years.

Transnet forensic investigators confident of successful prosecutions

2019-05-30 20:14

A firm that conducted forensic investigations into Transnet says there is a good chance of successful prosecution of those implicated in acts of wrongdoing

Transnet gets court interdict to stop strike at ports

2019-05-29 19:50

Transnet on Wednesday got a court interdict to stop a strike at its ports run by trade union Satawu.

SA ports gear up for strikes over pay

2019-05-29 12:16

The Transnet National Ports Authority has warned of upcoming strike action at ports countrywide, which may begin on Wednesday afternoon.

WATCH LIVE | #StateCaptureInquiry: Deloitte auditor to testify on Transnet

Deloitte auditor Chetan Vaghela is expected to take the stand at the judicial commission of inquiry into allegations of state capture.

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AS IT HAPPENED: #StateCaptureInquiry hears further Transnet-related testimony from SA Reserve Bank official

2019-06-07 16:00

The judicial commission of inquiry into state capture continues with further Transnet-related testimony from former group treasurer Mathane Makgatho.

'Certain car boots were full of cash' ex-Transnet treasurer tells inquiry

2019-06-07 11:31

Mathane Makgatho, testifying for the second day at the judicial commission of inquiry into state capture, said it was an 'open secret' that large amounts of cash was moving around Transnet headquarters at the Carlton Centre in Johannesburg.

WATCH LIVE: Transnet's former treasure testifies at state capture inquiry

The focus remains on freight company Transnet as former group treasurer of Transnet, Mathane Eveline Makgatho, testifies at the judicial inquiry into allegations of state capture on Thursday.

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AS IT HAPPENED: Gupta-linked Regiments benefitted from 'gambling' with Transnet pension fund, #StateCaptureInquiry hears

2019-06-05 15:00

The judicial commission of inquiry into state capture has wrapped up Transnet-related testimony from Dr Jonathan Bloom of Multi-Purpose Business Solutions.

Transnet paid Gupta-linked Trillian R93m for no work done, inquiry told

2019-06-01 11:49

Trillian Capital partners was paid R93m by Transnet for being a lead arranger of a R12bn club loan. However, the firm had no role to play in securing the deal, the state capture commission of inquiry heard.

R1.25bn relocation costs for Transnet train tender 'unjustifiable', inquiry hears

2019-05-31 12:32

Two transportation companies contracted to build billions of rands' worth of locomotives for Transnet had 'no justification' for hiking costs by R1.25bn as a relocation fee, the state capture commission has heard.

Transnet negotiators didn't have group's best interests at heart, inquiry hears

2019-05-30 16:44

Negotiators at Transnet appear to have done little to try and reduce ballooning costs for the relocation of assembly points for locomotives.

Brian Molefe failed to get go-ahead for massive Transnet locomotive price hike, inquiry hears

2019-05-29 12:22

Transnet's former CEO did not seek required approval from the minister of public enterprises when the price for the acquisition of 1 064 locomotives was hiked by billions of rands, the state capture inquiry has heard.

WATCH LIVE | #StateCaptureInquiry: More testimony on allegations of irregularities at Transnet

The commission of inquiry into state capture is continuing to hear testimony from Tshiamo Sedumedi on behalf of MNS Attorneys.

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