The one positive of this, even if some of it is depressing, is that there'll be life on the other side, writes Adriaan Basson.
Francis Callard was testifying for a second day at Singh's disciplinary hearing.
Two transportation companies contracted to build billions of rands' worth of locomotives for Transnet had 'no justification' for hiking costs by R1.25bn as a relocation fee, the state capture commission has heard.
Global consulting firm McKinsey & Co did not fully understand its mandate when it was brought in to strengthen the business case for Transnet to acquire 1064 locomotives, a former Transnet official has said.
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.
Transnet is in the process of recovering billions lost by its directors and companies which benefited from irregularly awarded contracts, Chairperson Popo Molefe said.
Further provisional suspensions of staff may be on the cards at Transnet as auditors at the state-owned port and freight rail and operator continue to comb through past internal reports.
The Labour Court in Johannesburg has dismissed the application of former Transnet boss Siyabonga Gama to have his dismissal set aside.
The drama surrounding Siyabonga Gama's appointment, dismissal, reappointment, suspension and latest dismissal spans nearly a decade.
Transnet has started court proceedings to recoup R189m from its former executives and a Gupta-linked financial services company Regiments Capital over for inflated payments in the acquisition process of locomotives by the state-owned firm.
Former President Jacob Zuma has insisted on appointing Siyabonga Gama as head of the Transnet against the recommendation of the company’s board, says former Public Enterprises Minister Barbara Hogan.
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.
More than a year has passed without the Hawks updating complainants about their progress in investigating a suspicious R647m payment made by Transnet, the state capture commission of inquiry has heard.
Former Transnet executives had amended a business case to procure 100 locomotives so that it would favour China South Rail in tender processes, the state capture commission of inquiry heard.
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 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.
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.
A probe into allegations of tender irregularities into the procurement of locomotives by Transnet says senior executives “went out of their way” to assist China South Rail to secure the lucrative tender.
Court papers filed by Transnet to recoup R189m in inflated payments to Gupta-linked Regiments Capital have revealed collusion by senior executives of the state-owned firm.
Barbara Hogan's testimony on Monday at the Zondo commission skewered former president Jacob Zuma and put the ANC firmly at the centre of the state capture project (again), writes Pieter du Toit.
Transnet's board has appointed industry veteran Tau Morwe as acting group chief executive.
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