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Transnet

Radebe vs Gordhan fight to head to Concourt
Article
/ 20 September 2018

Radebe vs Gordhan fight to head to Concourt

Former Transnet board member Seth Radebe says he will now take his fight against Minister Pravin Gordhan all the way to the top

By Athandiwe Saba
Former Transnet board member fails to prove Gordhan was racist to dismiss him
Article
/ 19 September 2018

Former Transnet board member fails to prove Gordhan was racist to dismiss him

Seth Radebe accused Gordhan of being racist when he decided to remove Radebe in May this year

By Carin Smith
‘We have not sold South Africa’s soul to the highest bidder’ — Ramaphosa
Article
/ 11 September 2018

‘We have not sold South Africa’s soul to the highest bidder’ — Ramaphosa

President Ramaphosa was in the hot seat in Parliament where he replied to MP’s questions on a variety of topics

By Mashadi Kekana
Claims that Gordhan is racist are ‘rubbish’, court hears
Article
/ 10 September 2018

Claims that Gordhan is racist are ‘rubbish’, court hears

Former Transnet board member Seth Radebe is seeking reinstatement to the board, in a case seen as resistance to Gordhan’s drive to overhaul SOE’s

By Sibongile Khumalo
Clipped Hawks falter over Steinhoff
Article
/ 7 September 2018

Clipped Hawks falter over Steinhoff

The policing unit still needs hard evidence but says that the investigation is ‘receiving attention’

By Lynley Donnelly
Gordhan to defend Transnet cleanup
Article
/ 7 September 2018

Gordhan to defend Transnet cleanup

The public enterprises minister faces a court challenge into his ‘racist’ dismissal of a Transnet board member

By Athandiwe Saba
Transnet suspends two senior executives over controversial tender
Article
/ 6 September 2018

Transnet suspends two senior executives over controversial tender

​Transnet’s board has suspended two senior executives — Thamsanqa Jiyane and Lindiwe Mdletshe

By Agency
SOEs’ battle with treasury exposed
Article
/ 24 August 2018

SOEs’ battle with treasury exposed

Documents give a taste of the parastatals’ resistance to probes that will reveal state capture

By Thanduxolo Jika and Sabelo Skiti
State eyes Transnet debt
Article
/ 24 August 2018

State eyes Transnet debt

But Public Enterprises Minister Pravin Gordhan is ‘confident’ talks with the SOE’s lenders will end well

By Lynley Donnelly
Drop in capital expenditure
Article
/ 24 August 2018

Drop in capital expenditure

Capital expenditure is money spent on acquiring, maintaining or improving assets such as land, buildings, vehicles and equipment

By Tebogo Tshwane
Transnet board to consider reasons why CEO shouldn’t be suspended
Article
/ 22 August 2018

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

The state freight and ports company served its chief executive Siyabonga Gama and two other executives with suspension notices last week

By Tehillah Nieselow
Transnet records growth in profits despite axe hanging over CEO’s head
Article
/ 20 August 2018

Transnet records growth in profits despite axe hanging over CEO’s head

Siyabonga Gama delivered the results with an axe hanging over his head as he has been served with a letter of precautionary suspension

By Thulebona Mhlanga
More suspensions looming at Transnet – Popo Molefe
Article
/ 17 August 2018

More suspensions looming at Transnet – Popo Molefe

This week, three Transnet executives, including CEO Siyabonga Gama, were served with suspension notices

By Sibongile Khumalo
Investors upbeat about Eskom, despite financial woes says Gordhan
Article
/ 16 August 2018

Investors upbeat about Eskom, despite financial woes says Gordhan

Gordhan noted that although profit from operations improved, the power utility still reported a net loss for the 2017 financial year

By Lameez Omarjee
​Transnet CEO Gama, two other officials suspended
Article
/ 16 August 2018

​Transnet CEO Gama, two other officials suspended

The three have until the close of business day on August 20, to provide written submissions on why they should not be suspended

By Gemma Ritchie
China commits to more investments in South Africa
Article
/ 24 July 2018

China commits to more investments in South Africa

The nation has committed to $14.7-billion in investments

By Thulebona Mhlanga
BASA says members willing to help out stressed parastatals
Article
/ 25 June 2018

BASA says members willing to help out stressed parastatals

Banking Association of South Africa says its members are willing to help out SOEs such as Eskom and Transnet with "expertise and resources"

By Agency
Brics bank fails to live up to hype
Article
/ 22 June 2018

Brics bank fails to live up to hype

The New Development Bank is facing questions about the transparency and fairness of its loans

By Thulebona Mhlanga
At Brics think tank, scholars get drunk on their own rhetoric
Article
/ 30 May 2018

At Brics think tank, scholars get drunk on their own rhetoric

One of South Africa’s highest-profile intellectual vehicles appears to be a victim of drunken driving by scholars

By Patrick Bond
Corruption-buster Molefe tackles Transnet
Article
/ 18 May 2018

Corruption-buster Molefe tackles Transnet

The move is part of Public Enterprises Minister Pravin Gordhan’s overhaul of state-owned enterprises

By Staff Reporter
Popo Molefe vows ‘unflinching’ stance if any corruption is found at Transnet
Article
/ 15 May 2018

Popo Molefe vows ‘unflinching’ stance if any corruption is found at Transnet

‘If… we find that there are people who aren’t committed to carrying out the mandate of the organisation… they will be dealt with’

By Tehillah Nieselow
Transnet pensioners’ R100bn payout a step closer
Article
/ 4 May 2018

Transnet pensioners’ R100bn payout a step closer

The legal battle has dragged on for years and more than
22 000 pensioners have died

By Staff Reporter
Letters to the Editor: April 20 to 26
Article
/ 20 April 2018

Letters to the Editor: April 20 to 26

Our readers write in about how Prasa will need to put passenger service back on track

By Letters
Software giant SAP faces charges over Gupta-linked payments
Article
/ 8 March 2018

Software giant SAP faces charges over Gupta-linked payments

A recently-concluded internal SAP investigation found irregularities in the management of third party transactions

By Khulekani Magubane
Here’s what you did wrong, Jacob Zuma
Article
/ 16 February 2018

Here’s what you did wrong, Jacob Zuma

He came to power as a compromised figure. He survived a rape trial. He factionalised the ANC and under his watch, SOEs reached a point of implosion

By Editorial
Shaking up Eskom matters for South Africa’s economy
Article
/ 24 January 2018

Shaking up Eskom matters for South Africa’s economy

Given the damage that’s been done, the previous board at Eskom simply could not continue. It had no plan to turn the company around or stop corruption

By Jannie Rossouw
Hawks probing four criminal corruption cases at Transnet
Article
/ 23 January 2018

Hawks probing four criminal corruption cases at Transnet

Acting Hawks head Yolisa Matakata told parliamentary watchdog Scopa it is investigating matters related to “state capture” at Transnet.

By Jan Cronje
R50-billion expected to be seized in 17 state capture cases
Article
/ 16 January 2018

R50-billion expected to be seized in 17 state capture cases

In an interview with eNCA, Molelle said his team had already prioritised six matters which were before the courts, awaiting preservation orders.

By Lizeka Tandwa
OUTA praises new ANC leadership on corruption stance
Article
/ 16 January 2018

OUTA praises new ANC leadership on corruption stance

The organisation was reacting to action against Gupta-associated businesses by the Asset Forfeiture Unit.

By Lizeka Tandwa
Transnet execs snub Scopa meeting
Article
/ 6 December 2017

Transnet execs snub Scopa meeting

Scopa chairperson Themba Godi said he received a letter on Monday from Transnet board chairperson Linda Mabaso requesting a postponement until January

By Paul Herman
Only 7% of Transnet’s senior supply chain staff have been vetted
Article
/ 28 November 2017

Only 7% of Transnet’s senior supply chain staff have been vetted

Transnet CEO Siyabonga Gama said that only 56 of the more than 750 senior supply chain managers had been screened over the last three years.

By Paul Herman
Transnet probes claims that it was involved in six Gupta-linked deals
Article
/ 28 November 2017

Transnet probes claims that it was involved in six Gupta-linked deals

The parastatal is taking media reports based on the recent #GuptaLeaks very seriously and have begun conducting internal probes into the six deals.

By Paul Herman
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