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.

Transnet moves on from Gama, appoints acting group CEO

2018-11-06 07:10

Transnet's board has appointed industry veteran Tau Morwe as acting group chief executive.

Gama is both wrong and fired, Molefe insists

2018-10-24 09:26

Transnet chair Popo Molefe has hit back at axed CEO Siyabonga Gama, saying he not only failed to make a representation by Friday on why he should not be removed, but failed to inspire the confidence of the board.

Transnet head Gama given notice of termination, board confirms

2018-09-27 19:04

The Transnet Board has confirmed Transnet group chief executive Siyabonga Gama was given notice of termination, with ten days to justify why he should not be axed.

MPs object to briefing by Transnet CEO Siyabonga Gama, who is facing suspension

2018-08-22 14:14

MPs were taken aback by the presence of the state freight and port company's CEO - who is facing suspension - at a committee briefing into forensic investigations and other matters.

Futuregrowth says it didn't tell Transnet to remove CEO Gama

2018-08-21 07:51

Futuregrowth Asset Management said it didn’t tell Transnet to remove CEO Siyabonga Gama after the state entity said auditors couldn’t give its 2018 financial results a clean bill of health.

More suspensions looming at Transnet - Molefe

2018-08-17 18:00

Transnet board chairperson Popo Molefe has warned that the three executives currently facing suspension were "just the beginning".

Monday deadline for Transnet CEO, two other execs facing suspension

2018-08-16 09:39

The three Transnet executives facing suspension have until Monday to plead their case.


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.

Transnet: Ramosebudi can resign, but we will still take action

2018-10-26 20:01

Transnet is continuing with its disciplinary action against former Group Treasurer Phetolo Ramosebudi despite his resignation.

Siyabonga Gama: Transnet must honour my employment contract

2018-10-19 18:25

Transnet CEO Siyabonga Gama says he had no choice but to approach the courts in an effort to halt the termination of his employment at the state entity.

Gama appeals to Gordhan

2018-09-02 06:01

Embattled Transnet CEO Siyabonga Gama has taken his fight with chairperson Popo Molefe to Public Enterprises Minister Pravin Gordhan, asking him to intervene in the standoff between the paratatals’s two most senior leaders.

Transnet board to consider reasons why CEO Siyabonga Gama shouldn’t be suspended

2018-08-22 05:45

The chairperson of the state freight and ports company says its board is considering submissions by three senior officials - including the group's CEO - as to why they should not be suspended.

Popo Molefe waiting on 'proper response' from Transnet head Siyabonga Gama about suspension

2018-08-20 15:54

Transnet Chairperson Popo Molefe says the group's board expects a 'proper response' from its CEO Siyabonga Gama by Monday afternoon on why he should not be suspended.

Evidence that some Transnet employees 'operate like syndicates' on tenders - Molefe

2018-08-17 12:12

The Transnet chairperson was speaking during a meeting in Johannesburg with Parliament's oversight committee on public accounts.

Transnet execs will 'have chance to be heard' - Molefe

2018-08-15 22:39

The executives facing suspension will have the chance to defend themselves, says Transnet board chair Popo Molefe.

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