Coal orders from Europe have increased in light of Russia’s invasion of Ukraine, but dysfunctional local infrastructure remains a challenge
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The Zondo commission’s second report deals with the capture of Transnet through the ‘Gupta racketeering enterprise’
The Zondo commission found evidence to suggest that Transnet was the primary site of state capture in financial terms.
The former president, cabinet ministers, board members and executives all played a role in the Gupta family looting the state company of billions.
Gupta associates received ‘lucrative’ payments for attending one meeting that allegedly influenced Transnet’s awarding of contracts worth billions of rand
The expansion of the Port of Durban will cost approximately R100-billion over 10 years
The former Transnet chief executive repeatedly told the Zondo commission he ‘relied’ on advice from Anoj Singh regarding a R78-million payment to Regiments owner Salim Essa
Contractors allegedly paid Transnet officials for lucrative procurement deals
A 67-year-old UKZN lecturer and retired HR practitioner, Dr Bongani Mkhize, has graduated with a PhD in Social Sciences for research that analysed strike participation at Transnet port terminals in KwaZulu-Natal.
Former president disputes former public enterprises minister Barbara Hogan’s allegation that he interfered in the appointment of the entity’s CEO