Transnet
latest news & developments
Transnet procurement officials warned of Richards Bay equipment irregularities, documents show
Internal documents reveal Transnet procurement officials were alerted to idle equipment and contract irregularities at Richards Bay before the auditor-general flagged over R100m…
Whistleblowers lift lid on Transnet procurement
Sworn affidavits submitted to the Hawks by whistleblowers allege that senior Transnet executives ignored procurement irregularities and collusion in contracts worth over R900…
SOE giants set to create black industrialists
National power utility Eskom is expanding procurement opportunities for South African businesses, anticipating increased electricity demand. CEO Dan Marokane announced this at…
Call for Minister of Transport to act against Transnet executives
Labour organisations are calling for the immediate suspension of Transnet Port Terminals CEO Jabu Mdaki and his executive team, alleging that internal investigations into R824m…
A focus on one faltering building block
The country presents a clear illustration of how a weak social foundation constrains industrial development and reinforces structural inefficiencies but we can change that
State capture still stinging SOEs
Transnet and Prasa face financial, operational and governance challenges despite recovery efforts
The Iran War is Africa’s warning: Build sovereignty or be ruled by other people’s power
A country that exports minerals but imports industrial dependence is not sovereign in any deep sense. A country that sits on energy resources but cannot convert them into stable…
Ramaphosa raises SA investment target to R3 trillion as Sasol pledges R60bn
Ramaphosa has raised South Africa’s investment target to R3 trillion after nearly R890 billion in pledges at this year’s investment conference, with Sasol’s R60 billion…
Infrastructure credit guarantee scheme to unlock billions
SA launches a R8bn guarantee fund to unlock up to R160bn in private investment for energy, water and transport infrastructure
Transnet grilled in parliament over debt, governance failures and audit concerns
Transnet faced intense scrutiny in Parliament as MPs raised concerns about rising debt, weak governance and persistent audit failures in spite of signs of recovery
Rethinking the value of commissions
Any objective analysis must proceed from the premise that commissions of inquiry are not criminal courts. They neither prosecute nor sentence. Their constitutional purpose is to…
Godongwana holds better budget cards but economic recovery remains inadequate
Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth
Leaving is never easy but look at us now
Not long ago, it was unthinkable that the leader of the DA would ever walk up the steps to the Union Buildings
The Sona love letter to SA’s agric sector
We are working to expand the sector and ensure we provide high-quality products to new markets. It remains key that the sector’s “knowledge infrastructure” is up to date and,…
Zuma reshuffles MK leadership, Brian Molefe replaces Mpiyakhe Limba as treasurer general
Molefe is currently out on R50 000 bail on charges of fraud, corruption and contraventions of the Public Finance Management Act and the Companies Act linked to his tenure at…