There's no bad blood with Gordhan over CEO hunt, says Transnet

2020-01-22 13:34

The state-owned freight rail company has hit back at reports that conflict with Public Enterprises Minister Pravin Gordhan lies at the heart of a delay in appointing a permanent head.

WATCH | Transnet pipeline fire extinguished, firefighters still dousing secondary blaze

2019-12-31 16:52

Transnet says the fire was caused by attempted theft at the petroleum pipeline between Alrode and the Airport, resulting in a petrol spillage which also caught fire.

Alberton pipeline fire the result of attempted theft - Transnet

2019-12-31 12:25

Attempted theft has caused a pipeline fire in Alberton, Ekurhuleni, according to Transnet CEO Sibongiseni Khathi.

Transnet wants court to clear R54bn 'unlawful' contract for 1064 locomotives

2019-12-17 14:42

The contracts for the new engines, which were meant to upgrade Transnet's ageing fleet, have been plagued by allegations of fraud, irregularities and kickbacks.

Dwindling orders, falling budgets, no contingency plan: SOEs devastated by state capture, report finds

2019-12-03 06:01

Parliament's Portfolio Committee on Public Enterprises said in its newly released oversight report into state-owned companies that South African parastatals were still reeling from the effects of state capture and would need support from the Department of Public Enterprises.

WATCH LIVE | State capture inquiry: Expert witness to testify on alleged irregularities at Transnet

The judicial commission of inquiry into state capture resumes with Transnet-related testimony from actuarial scientist and expert witness Alister Chabi.

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Ex-Eskom, Transnet CFO Anoj Singh's disciplinary hearing to continue in 2020

2019-11-18 15:23

The disciplinary hearing is being conducted by the SA Institute of Chartered Accountants.

Former Transnet engineer says Anoj Singh may have banked on cost overruns when drafting business plan

2019-11-13 16:28

Singh, who was not present for the start of a disciplinary hearing, has pleaded not guilty.

Accountancy body to begin disciplinary hearing of ex-Eskom, Transnet CFO Anoj Singh

2019-11-13 05:00

Singh, who has denied being involved in corruption, faces 18 charges of misconduct relating to his conduct at Eskom and Transnet.

Capitec shares can be sold to settle state capture losses, court rules

2019-11-05 17:54

The high court has ruled that Capitec must give consent for entities linked to Regiments to sell their Capitec shares to pay back a Transnet pension fund for losses it sustained due to state capture.


Ex-Eskom, Transnet CFO Anoj Singh's disciplinary hearing to resume next week

2020-01-21 13:41

Singh, who has denied any wrongdoing, will again not be present at the hearings.

Transnet technicians prepare to drain Alberton fuel pipeline after fire

2019-12-31 14:24

Transnet technicians are preparing to drain a portion of the gas and petrol pipeline that caught fire in Alberton, Ekurhuleni, according to Ekurhuleni Disaster and Emergency Services Management spokesperson Eric Maloka.

Leaked e-mails show lavish life of Gupta-linked Eric Wood

2019-12-22 13:40

The personal wealth of Trillian Capital Partners CEO Eric Wood increased dramatically a few years after he met the Guptas and their business associate Salim Essa, according to leaked e-mails obtained by the Sunday Times.

WATCH LIVE | Zondo commission hears Transnet-related testimony

Transnet is back in the spotlight at the state capture commission of inquiry and expert witness Alister Chabi is expected to take the stand.

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R15.9bn rise in cost of Transnet locomotives 'not justifiable', State Capture inquiry hears

2019-11-27 16:51

The estimated total cost for 1 064 new locomotives ballooned by R15.9bn in one year.

Gupta-linked Regiments pays Transnet pension fund back R530m

2019-11-21 17:16

A Transnet pension fund has been paid a settlement amount of approximately from Gupta-linked Regiments, the fund said in a statement issued on Thursday afternoon.

Former Transnet engineer says Anoj Singh locked company into inflexible contract for new locomotives

2019-11-14 17:14

Francis Callard was testifying for a second day at Singh's disciplinary hearing.

Ex-Transnet, Eskom CFO Anoj Singh no-show at disciplinary hearing

2019-11-13 12:00

The hearing instituted by the SA Institute of Chartered Accountants will continue without Singh, who has pleaded not guilty.

Transnet delivers bigger profit despite flat freight volumes

2019-11-11 14:48

The transport behemoth implemented strict cost cutting.

WATCH | Train surfing youngsters have union up in arms

2019-10-29 19:58

An 11-year-old boy has been captured on video inciting his friends to join him in train surfing one of Transnet goods trains in KwaZulu-Natal.

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