Richards Bay coal line cut with blowtorch in act of 'sabotage' - Transnet

2018-12-21 14:20

Police are investigating a case of sabotage after the Richards Bay coal export rail line was on Thursday cut in half with a blow torch, causing the derailment of 51 wagons carrying coal.

The Italian job: Transnet's R7bn Durban port project flounders amid alleged corruption

2018-12-09 08:04

News24 has learnt that the project was put on hold after Transnet was presented with a forensic report compiled by Paul O'Sullivan and Sarah-Jane Trent of Forensics for Justice.

Government should let state-owned companies appoint their own CEOs

2018-11-25 12:00

Barring politics and the desire to control power, there is no rational reason why the appointment of CEOs of state-owned companies should rest with Cabinet and the president, writes Matodzi Ratshimbilani.

Gama loses application to have his dismissal set aside

2018-11-22 12:56

The Labour Court in Johannesburg has dismissed the application of former Transnet boss Siyabonga Gama to have his dismissal set aside.

Tighten the leash on regressing SOEs, says Auditor General

2018-11-21 15:55

Departments responsible for state-owned entities must strengthen their oversight, Auditor General Kimi Makwetu said as he announced regressing audit outcomes.

Cash stash: Questions raised about how Anoj Singh funded his lifestyle

2018-11-17 10:46

For three years former Transnet and Eskom chief financial officer Anoj Singh's substantial salary accumulated in his bank accounts, with no monthly payments or debit orders.

Malusi Gigaba named in bombshell Treasury report on rot at Eskom, Transnet

2018-11-16 10:37

National Treasury has released a bombshell report of more than 600 pages detailing the extent of rot at Transnet and Eskom over the last six years – and says Malusi Gigaba compromised the procurement process of controversial new Chinese locomotives.

Hogan's evidence a siren call to Zuma

2018-11-14 09:20

The most disturbing revelation of Barbara Hogan's testimony during her second day at the Zondo commission must have been how Jacob Zuma blatantly interfered in the operations of Eskom, writes Pieter du Toit.

Transnet wants former executives, Gupta-linked company to pay back the money

2018-11-12 20:33

Transnet has started court proceedings to recoup R189m from its former executives and a Gupta-linked financial services company Regiments Capital over for inflated payments in the acquisition process of locomotives by the state-owned firm.

'It actually shocked me' that Zuma wanted Gama as Transnet CEO - Hogan

2018-11-12 15:10

Former public enterprises minister Barbara Hogan has told the judicial commission of inquiry into allegations of state capture that former president Jacob Zuma wanted Siyabonga Gama as Transnet CEO, despite him facing allegations of misconduct.


PICS: Transnet goods train derails, blocks major line in Cape Town

2018-12-10 13:43

A Transnet goods train has derailed between Tygerberg and Bellville railway stations in Cape Town, severely delaying commuter services.

Molefe on Transnet: It’s worse than you think, but we're ready to fix it

2018-12-02 12:27

Transnet chair Popo Molefe says it may take his entire term to get Transnet back to optimum level, rooting out crooked appointees and getting back the money lost to corruption.

Labour Court reinforces Transnet clean-up - board

2018-11-22 16:08

The Transnet board welcomes the Labour Court's dismissal of an application brought forward by former CEO Siyabonga Gama challenging the termination of his contract.

Transnet and AFGRI partner to ensure thriving agri-terminals in SA’s ports

2018-11-21 21:42

Transnet intends to enter into an agreement with AFGRI Operations for the operation and maintenance of landside operations with Transnet Port Terminals.

Report recommends legal action against Transnet executives over locomotives deal

2018-11-17 11:12

A probe into allegations of tender irregularities into the procurement of locomotives by Transnet says senior executives “went out of their way” to assist China South Rail to secure the lucrative tender.

Malusi in the middle: Treasury report fingers Gigaba in Transnet train deal

2018-11-16 18:05

Malusi Gigaba "acted outside his authority" when he advised Transnet to go ahead and order locomotives worth billions of rand while he earlier "compromised the procurement process" says a bombshell Treasury report.

CCMA to rule on lower wages for guards of tracks north of Pretoria

2018-11-14 21:54

The Public Servants Association has condemned the reduction of wages for security officers employed by Isidingo Security Services to guard Transnet's rail network north of Pretoria.

Court papers show Transnet executives 'colluded fraudulently'

2018-11-13 07:02

Court papers filed by Transnet to recoup R189m in inflated payments to Gupta-linked Regiments Capital have revealed collusion by senior executives of the state-owned firm.

Hogan shows Zuma, ANC ran government like a mafia ring

2018-11-12 20:18

Barbara Hogan's testimony on Monday at the Zondo commission skewered former president Jacob Zuma and put the ANC firmly at the centre of the state capture project (again), writes Pieter du Toit.

Zuma would not hear of any other candidate for Transnet job, except Gama - Hogan

2018-11-12 14:53

Former President Jacob Zuma has insisted on appointing Siyabonga Gama as head of the Transnet against the recommendation of the company’s board, says former Public Enterprises Minister Barbara Hogan.

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