Prasa lost billions to inexperienced contractors, Zondo hears

2020-03-13 21:45

Contacts over the value of some R7 billion were awarded to companies that did not meet Prasa's requirements, the commission of inquiry into state capture heard on Friday.

WATCH | Former Prasa chair Popo Molefe continues testimony at Zondo commission

The judicial commission of inquiry into state capture continues with testimony from the former chairperson of Prasa, Popo Molefe, as he returns to the stand. Watch live.

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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.

Popo Molefe: Transnet haunted by state capture past

2019-10-24 05:00

Transnet told Parliament's Portfolio Committee on Public Enterprises on Wednesday that it was seeking to have irregular expenditure dating back to the state capture era ring-fenced so it would not undermine the entity's audit outcomes and credit rating.

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.


Ex-CEO lied to Prasa board about R51bn rail contract, Zondo Commission told

2020-03-12 20:56

Former Prasa chair Popo Molefe said the board found irregular expenditure amounting to over R500 million by 2014 and 2015, which would escalate to billions within a year.

Roy Moodley was like Prasa's own Gupta, Zondo commission hears

2020-03-12 05:00

Roy Moodley told Passenger Rail Agency of South Africa in a 2017 meeting that he held a top position in the country and that the state-owned enterprise was going to see changes that everyone had to be on good terms with, the Zondo commission heard on Wednesday.

World record: Transnet just launched a four-kilometre long train, with 375 wagons

2019-10-24 15:36

It is designed to travel 861 km between Sishen in the Northern Cape and Saldanha in the Western Cape.

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.

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