NEWSFLASH: Neotel confirms CEO and CFO have taken special leave pending an investigation of suspected commission payments in Transnet contracts.
Homix says its CEO Ashok Narayan had attempted to convince investigators that it had provided Neotel with services commensurate with charges.
Anoj Singh is expected to perform miracles at the power utility, but his alleged role during a billion-rand Transnet deal may give pause for thought.
Senior executive Harry Lekalakala resigned after being served with a precautionary suspension over allegations of corruption and gross misconduct.
Embattled SABC chairperson Ellen Tshabalala has been excluded from the new Transnet board, it emerged on Thursday.
A weaker rand has help profits at Patrice Motsepe's mining company rise despite a fall in iron ore prices.
The Press Ombudsman has dismissed a complaint brought by Iqbal Sharma against the Mail & Guardian, saying the publication was justified in its report.
The parastatal is embarking on a R32-billion expansion in a massive bet on economic growth.
Guptas and Duduzane Zuma are hidden stakeholders in a strategic locomotive subcontracting company bought while the main tender process was ongoing.
The state-owned freight and logistics company says that annual profit has risen by 25%.
When a statue of the British imperialist went missing, it found an improbable champion in a Mahikeng local who has waged an uphill battle to find it.
Blame for violence towards non-striking Transnet employees at Ngqura port in Coega, Eastern Cape, is being bandied about between Numsa and Satawu.
The metalworkers' union is seeking an official probe of contracts awarded by the transport parastatal.
The metalworkers' union seems to be attacking the networks of patronage created under President Jacob Zuma's administration.
Capital expenditure by major state-owned companies has been projected to reach R381.9-billion over the next three years, says the national treasury.
Transnet mulls construction an export facility claiming the Richards Bay Coal Terminal's shareholders limit access for small black-owned producers.
Fitch has lifted Transnet's long-term foreign-currency rating two levels to BBB, its second-lowest investment-grade level, with a stable outlook.
Africa’s largest media company has purportedly discussed a bond sale of $500-million to $1-billion for a seven to 10-year term with investors.
But private investors and the government face a number of hurdles before the project gets going.