Bombardier denies overcharging Transnet in major locomotive deal

2019-10-04 15:41

The Canadian rail equipment manufacturer says it expects to testify before the state capture inquiry to 'lay to rest several speculative issues in the public domain'.

Contractor quits Transnet's Berth Deepening project amid probe

2019-05-21 17:57

Transnet is continuing its investigations into allegations of irregularities in procurement processes for a berth deepening project.

Acting Transnet CEO in the hot seat as state capture inquiry resumes

2019-05-15 06:30

Transnet Group Acting Chief Executive Officer, Mohammed Mahomedy, is set to take the stand on Wednesday when the judicial commission of inquiry into state capture resumes in Parktown, Johannesburg.

Transnet recovering billions lost by directors, Gupta-linked firms - Popo Molefe

2019-05-07 16:51

Transnet is in the process of recovering billions lost by its directors and companies which benefited from irregularly awarded contracts, Chairperson Popo Molefe said.

Brian Molefe's appointment at Transnet opened the door for corruption - board chair

2019-05-07 12:32

Transnet board chair Popo Molefe says that the capture of state enterprises was a strategic operation in which key decision makers were targeted in an effort to benefit the interests of a few.

State capture inquiry gears up to probe ex-Transnet CEO Brian Molefe's appointment

2019-05-06 14:22

The circumstances around the 2011 appointment of former Transnet CEO Brian Molefe will be probed by the judicial commission of inquiry into state capture over the next two weeks.

Transnet appoints new acting CEO

2019-05-02 08:42

Transnet has said it will not renew the six-month contract of acting CEO Tau Morwe, and will appoint a new acting CEO instead.

Chinese company pays R618m back to Transnet, more expected

2019-01-17 20:32

State-owned freight rail company Transnet has been paid back R618m by a Chinese company that it concluded a maintenance deal with in 2016.

Popo Molefe says new board found 'horror show' at Transnet

2019-01-17 09:37

The state-owned freight rail company has issued summons to former top executives implicated in financial mismanagement with a view of recouping some of the squandered money.

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.


Popo Molefe: 'fight back' campaign by those unseated by state capture revelations

2019-07-30 21:31

There is a broader "fight back" campaign underway by those who have been unseated by revelations of state capture at the Zondo Commission, claims Transnet chair Popo Molefe.

Some Transnet execs learnt of irregular contracts through media, state capture inquiry hears

2019-05-15 14:08

Mahommed Mahomedy told the state capture inquiry that a review of contracts by the new group's board uncovered a serious disregard for processes and management structures in the appointment of service providers.

State capture inquiry hears Transnet execs could keep tenders secret

2019-05-10 12:42

Judge Raymond Zondo expressed surprise when he heard that top executives at state-owned freight rail company Transnet could choose to keep tenders secret up until they were awarded.

Popo Molefe slams Gigaba for appointing 'architects of capture' in Transnet 'horror show'

2019-05-07 14:19

Transnet Board chairperson Popo Molefe names Former CEOs Brian Molefe, Siyabonga Gama and former chief financial officer Anoj Singh as the architects of the capture at the state enterprise.

Transnet chair Popo Molefe set to take the stand at state capture inquiry

2019-05-07 07:00

After investigating Eskom, the inquiry has turned its attention to probing allegations of fraud, corruption and kickbacks at the state-run freight rail group.

State capture inquiry to probe allegations of Transnet kickbacks to Guptas

2019-05-06 11:16

The judicial commission of inquiry into state capture will turn its attention to investigating wrongdoing at state-owned freight rail company Transnet, including allegations of kickbacks to members of the Gupta family.

SA, Botswana ink deal for 80m ton-a-year railway link

2019-02-07 16:23

The idea to build a heavy haul railway line between Botswana and South Africa is over a decade old and seeks to unlock a potential 212bn tons in coal reserves.

I have my lawyers and nothing to hide, says Brian Molefe on Transnet summons

2019-01-17 19:19

Former Transnet CEO says it is typical of individuals to put together flimsy summonses only to go quiet and non-responsive to them when lawyers reply to the summons.

Prasa board to former acting CEO: Take claims of impropriety to the Hawks

2018-12-19 19:09

Passenger Rail Agency SA’s board has dismissed former acting CEO Collin’s Letsoalo claims that he was targeted for fighting corruption, challenging him to take information of impropriety at Prasa to the Hawks.

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.

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