New CEO faces tough task to get Transnet on the right track

2020-02-04 05:00

Portia Derby has her work cut out for her.

Portia Derby is new Transnet CEO

2020-01-31 20:48

Portia Derby, ex-wife of Brian Molefe, former Eskom CEO and one time Transnet CEO. has been appointed as group CEO of Transnet.

Solidarity to use R1m from legal battles with Molefe and Motsoeneng to tackle tax abuse

2019-09-12 22:00

Trade union Solidarity has said it will use the monies it received following legal battles with Brian Molefe and Hlaudi Motsoeneng to fund future cases that challenge tax abuse.

State capture inquiry seizes safety deposit boxes belonging to alleged Gupta 'fixer' - report

2019-09-01 17:16

Three safety deposit boxes containing Kruger rands and different currencies belonging to an alleged Gupta 'fixer' have been seized by the commission of inquiry into state capture, a Sunday report says.

Brian Molefe’s D-day arrives - but no R10m yet

2019-08-22 20:00

The Eskom Pension and Provident Fund is expecting more than R10m to enter its account by close of business on Thursday from former Eskom CEO Brian Molefe.

Solidarity, Gerrie Nel kick off bid to privately prosecute ex-Eskom CEO Brian Molefe

2019-08-13 18:05

Trade union Solidarity and lobby group AfriForum have asked Advocate Gerrie Nel to kick off the process to privately prosecute the former head of the power utility.

Former Eskom CEO Brian Molefe loses ConCourt appeal over pension millions

2019-08-07 12:49

The Constitutional Court has dismissed former Eskom CEO Brian Molefe's leave to appeal against the high court decision which ruled that he must pay back part of the R30m pension he received from the power utility.

Why did this man just buy the Sunday Times?

2019-07-01 08:29

Why did Brian Molefe's friend and former colleague at the PIC sell him a house at a steal and how is this connected to the sale of the Sunday Times and its sister publications, asks Adriaan Basson.

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.

Inquiry hears of 'improper engagement' between Transnet and China South Rail

2019-05-28 14:02

The judicial commission of inquiry into state capture has heard evidence based on internal Transnet emails about the awarding of tenders for the construction of electric locomotives in late December 2011.


New Transnet CEO ready to clean up procurement, says she won't hamper investigations against Brian Molefe

2020-02-02 15:28

Newly appointed Transnet CEO Portia Derby promises to clean up what she refers to as the "rot" at Transnet, she tells the Sunday Times.

Eskom pension fund also wants court to order Brian Molefe to pay back the money

2020-01-28 20:59

The Eskom Pension and Provident Fund has applied to the High Court to try to enforce a prior judgment ordering former Eskom CEO Brian Molefe to pay back about R10m.

Solidarity sends sheriff (another) urgent instruction to seize Molefe's property

2019-09-02 18:18

Solidarity's legal team has sent yet another urgent instruction to the sheriff to proceed with the seizure of former Eskom CEO Brian Molefe's property to pay outstanding legal costs of approximately R200 000 owed to the union in terms of a court order.

Molefe misses deadline to pay back pension money, EPPF vows 'prompt' action

2019-08-23 21:07

The Eskom Pension and Provident Fund has confirmed that it received no payment from former Eskom CEO Brian Molefe for the more than R10m he was paid by the fund.

Molefe must pay back R10m, Eskom pension fund confirms

2019-08-16 20:25

The Eskom Pension and Provident Fund has told Fin24 that it directed its attorneys to act in line with the ruling of the North Gauteng High Court, confirming that Molefe has less than a week to pay up.

Solidarity to announce legal action against former Eskom CEO Brian Molefe

2019-08-12 09:26

The power utility's former head last week lost a Constitutional Court appeal over a multi million-rand pension payout.

Hunt is on for new Eskom CEO

2019-07-21 13:41

Eskom has begun a search for a new Group CEO to replace Phakamani Hadebe, who quit his job in May.

21 CEOs in 10 years: A guide to all the executive drama at SAA and Eskom

2019-06-03 16:20

Many of the CEOs left the state-owned enterprises under a cloud.

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.

Excessive costs for 1064 locomotive contract not justifiable, says acting Transnet CEO

2019-05-15 19:10

The state capture commission on Wednesday heard that the cost estimates for 359 out of 1064 locomotives contracted to China South Rail by Transnet were excessive and without justifiable reasons.

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