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Transnet

Eskom load-shedding impedes Gama’s Transnet fraud and corruption hearing
National
/ 13 July 2022

Eskom load-shedding impedes Gama’s Transnet fraud and corruption hearing

Transnet’s former chief executive Siyabonga Gama will return to court in August

By Khaya Koko
‘It takes two to tango’: The private sector must ’fess up to role in state capture
Business
/ 29 June 2022

‘It takes two to tango’: The private sector must ’fess up to role in state capture

During a webinar on Wednesday, the group chief executive of EOH, Stephen van Coller, called private sector participation in the Zondo commission into state capture ‘disappointing’

By Sarah Smit
R57-billion: How the Guptas played Monopoly with state money
National
/ 23 June 2022

R57-billion: How the Guptas played Monopoly with state money

The largest sources of state capture money were Transnet and Eskom, two of South Africa’s most fragile state-owned entities

By Sarah Smit
If surrendered to SA, Guptas may face more music
National
/ 13 June 2022

If surrendered to SA, Guptas may face more music

The extradition treaty between South Africa and the United Arab Emirates does not restrict the NPA only to charges listed in the formal extradition request, but only to offences carrying a penalty not more severe than those

By Emsie Ferreira
State capture: More Gupta associates face arrest
National
/ 10 June 2022

State capture: More Gupta associates face arrest

At least two former senior executives of state owned entities will be arrested

By Paddy Harper and Emsie Ferreira
The list of NPA state capture arrests starts to grow
National
/ 8 June 2022

The list of NPA state capture arrests starts to grow

Fugitives Rajesh and Atul Gupta were arrested four months after Interpol issued a Red Notice against them. But they are just the latest.

By Sonri Naidoo and Bongeka Gumede
Former Transnet chief executive Siyabonga Gama and others granted bail
National
/ 27 May 2022

Former Transnet chief executive Siyabonga Gama and others granted bail

Gama, Eric Wood, Garry Pita, Phetolo Ramosebudi and Daniel Roy appeared before the Palm Ridge magistrate’s court on charges of fraud, money laundering and contravention of Public Finance Management Act

By Bongeka Gumede and Yamkela Koti
Former Transnet chief exec Siyabonga Gama, Gupta associate Eric Wood arrested
National
/ 27 May 2022

Former Transnet chief exec Siyabonga Gama, Gupta associate Eric Wood arrested

Former Transnet chief executive Siyabonga Gama and four others have been arrested on charges of fraud, corruption and money laundering.

By Sarah Smit
Beware killer robots powered by AI
National
/ 18 May 2022

Beware killer robots powered by AI

We are ‘dangerously close’ to fully autonomous weapons

By Eunice Masson
NPA sees off challenge to restraint order on Gupta assets
Article
/ 13 May 2022

NPA sees off challenge to restraint order on Gupta assets

The Free State high court ruled that the provisional restraint order will remain in place until late October, when argument will be heard for it to be made indefinite, dismissing Oakbay’s application for a postponement

By Emsie Ferreira
Will business come to the table for Cyril to meet his 100-day promise?
Business
/ 13 May 2022

Will business come to the table for Cyril to meet his 100-day promise?

Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually have to be made for there to be any hope of real change

By Emsie Ferreira and Sarah Smit
Commodity prices buoy South Africa amid China’s slow growth blow
Business
/ 10 May 2022

Commodity prices buoy South Africa amid China’s slow growth blow

South Africa’s fate is tied to China’s, but war-related disruptions in the global energy market keep exports going

By Sarah Smit
‘Rampant corruption’ linked to McKinsey-Trillian transactions, says Zondo
Business
/ 29 April 2022

‘Rampant corruption’ linked to McKinsey-Trillian transactions, says Zondo

Recommendations by the Zondo commission include investigation and possible criminal prosecution for Brian Molefe, Matshela Koko and Anoj Singh

By Sarah Smit
Zuma was the Guptas’ puppet, Zondo finds
Politics
/ 29 April 2022

Zuma was the Guptas’ puppet, Zondo finds

The former president’s dismissal of Nhlahla Nene as finance minister for spurious reasons showed the veracity of the Gupta family’s claim that he would do anything for them

By Emsie Ferreira
ANC document says parastatal model is on its last legs
Business
/ 26 April 2022

ANC document says parastatal model is on its last legs

The document, drafted ahead of the governing party’s policy conference later this year, poses the need for broader public-private collaboration

By Sarah Smit
Durban floods: Transnet’s focus shifts to rail damage
National
/ 19 April 2022

Durban floods: Transnet’s focus shifts to rail damage

Ships are going in and out of the harbour and and the backlog of 8 000 to 9 000 containers is expected to be cleared in the next five to six days

By Sarah Smit
Businesses count the cost of devastating KwaZulu-Natal floods
Business
/ 13 April 2022

Businesses count the cost of devastating KwaZulu-Natal floods

Companies are having to deal with operational and supply-chain disruptions that come less than nine months after the riots in July.

By Sarah Smit
Failing Transnet railway line threatens Exxaro’s coal exports
Business
/ 24 March 2022

Failing Transnet railway line threatens Exxaro’s coal exports

Coal orders from Europe have increased in light of Russia’s invasion of Ukraine, but dysfunctional local infrastructure remains a challenge

By Marcia Zali
Eskom plans to streamline procurement in light of Zondo reports
Business
/ 16 March 2022

Eskom plans to streamline procurement in light of Zondo reports

‘Post state capture we’ve put in several controls on the procurement and contract management side,’ says power utility procurement executive

By Anathi Madubela
Luxury Blue Train goes off the rails again
National
/ 24 February 2022

Luxury Blue Train goes off the rails again

Troubled Transnet featured in the state capture inquiry and had a loss of R8.4-billion in 2020-21

By Melody Emmett
Budget 2022: Godongwana sticks to tough love talk on SOEs, but dishes out funding to Denel
Business
/ 23 February 2022

Budget 2022: Godongwana sticks to tough love talk on SOEs, but dishes out funding to Denel

The finance minister made a smallish exception for Denel in terms of funding but warned that the government wants to push ahead with plans to consolidate SOEs that no longer served a function

By Emsie Ferreira
It is not all ‘doom and doom and doom and no action’, Ramaphosa insists, to MPs’ jeers
Politics
/ 16 February 2022

It is not all ‘doom and doom and doom and no action’, Ramaphosa insists, to MPs’ jeers

President concedes that South Africa is on a long and difficult journey ‘to renew the promise of our democracy’, but cites strengthening the NPA’s capacity as one example of progress

By Eunice Masson
Unbanned are now the damned
Opinion
/ 4 February 2022

Unbanned are now the damned

The ruling party was unbanned 32 years ago on 2 February, but few ANC leaders can be feeling festive today

By Paddy Harper
How a telecommunications firm extracted Transnet money for the Guptas
National
/ 3 February 2022

How a telecommunications firm extracted Transnet money for the Guptas

The Zondo commission’s second report deals with the capture of Transnet through the ‘Gupta racketeering enterprise’

By Sarah Smit
Zondo report recommends Jacob Zuma be investigated for Transnet corruption
Politics
/ 2 February 2022

Zondo report recommends Jacob Zuma be investigated for Transnet corruption

The Zondo commission found evidence to suggest that Transnet was the primary site of state capture in financial terms.

By Lizeka Tandwa
How the Guptas captured Transnet
National
/ 2 February 2022

How the Guptas captured Transnet

The former president, cabinet ministers, board members and executives all played a role in the Gupta family looting the state company of billions.

By Paddy Harper
Gupta kickbacks: Zondo recommends investigations into Gigaba, Molefe, Gama and Singh
Politics
/ 1 February 2022

Gupta kickbacks: Zondo recommends investigations into Gigaba, Molefe, Gama and Singh

The Zondo commission’s second report deals with the capture of Transnet through the Gupta racketeering enterprise

By Sarah Smit
The Blue Train’s great Gupta voyage – and the whistleblower who paid for it
National
/ 23 January 2022

The Blue Train’s great Gupta voyage – and the whistleblower who paid for it

In 2016, Prinsloo sounded the alarm about the hazardous condition of the Blue Train and free trips being offered to friends of Transnet executives, including the Gupta family and Duduzane Zuma.

By Melody Emmett
How to keep SAA, PetroSA, Eskom away from politicians
Business
/ 19 January 2022

How to keep SAA, PetroSA, Eskom away from politicians

The state capture report reveals a governance crisis at state-owned entities. Experts weigh in on how this came to be and what to do about it.

By Anathi Madubela
Nedbank features negatively in state capture report; Standard Bank defends itself
Business
/ 18 January 2022

Nedbank features negatively in state capture report; Standard Bank defends itself

So far, one of South Africa’s ‘big four’ banks faces a serious allegation levelled in the Zondo report — and more revelations may follow

By Sarah Smit
Public procurement law is not the problem – people are
National
/ 11 January 2022

Public procurement law is not the problem – people are

The Zondo report delves into South Africa’s procurement web, as it tries to figure out why state-owned entities were able to be captured

By Sarah Smit
Zondo: Prasa and SAA whistleblowers needed protection
National
/ 9 January 2022

Zondo: Prasa and SAA whistleblowers needed protection

The report recommends that the government establishes a public procurement anti-corruption agency to ‘formulate measures for the making of reports by whistleblowers and for their protection and incentivisation’

By Tunicia Phillips
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