Eyewitness News
  • Eyewitness News
  • Search
  • Latest
  • Local
  • Politics
  • Opinion
  • Business
  • Lifestyle
  • Sport
  • Video
  • Podcasts
Go
Transnet acting CEO Mahommed Mahomedy. Picture: @Follow_Transnet/Twitter

Mohammed mahomedy

Transnet blames mining sector, weak economy for drop in commodity volumes moved

By Theto Mahlakoana

The state-owned company has blamed the fall on the contraction in the mining sector and the weak economy among other reasons.

  • Transnet acting CEO Mahommed Mahomedy. Picture: @Follow_Transnet/Twitter

    Transnet learning to build credibility with SA & lenders, says acting CEO

    Transnet acting CEO Mahommed Mahomedy told reporters at the company’s results announcement in Midrand that the company’s 'reasonable' set of results pointed to a growth in the credibility of the organisation.

    1048 days ago
  • Picture: www.transnet.net

    Transnet credits revenue improvement on petroleum volumes

    The entity reported a 1.6% revenue increase amounting to R74.1 billion.

    1048 days ago
  • FILE: Deputy Chief Justice Raymond Zondo. Picture: AFP

    Zondo ‘horrified’ over abuse of taxpayers’ money at Transnet

    Chief Justice Raymond Zondo was responding to evidence by the parastatal’s acting group chief executive, Mohammed Mahomedy, who wrapped up his testimony at the state capture commission of inquiry on Thursday.

    1184 days ago
  • A YouTube screengrab shows Transnet acting group chief executive Mohammed Mahomedy give testimony at the state capture inquiry on 15 May 2019.

    Transnet captured using sophisticated financial vehicles, CEO tells inquiry

    Transnet acting group chief executive Mohammed Mahomedy spent two days describing numerous instances where procedures were flouted in order to benefit a handful of companies which were paid hundreds of millions of rands.

    1184 days ago
  • FILE: A screengrab of Transnet acting group chief executive Mohammed Mahomedy at the Zondo commission of inquiry into state capture on 15 May 2019.

    ‘Interests of Transnet, public coffers sacrificed to benefit Regiments’

    Acting Transnet group chief executive Mohammed Mahomedy has testified about how the Gupta-linked consultancy firm was conflicted in its role, but this was never flagged at the parastatal.

    1185 days ago
  • A YouTube screengrab shows Transnet acting group chief executive Mohammed Mahomedy give testimony at the state capture inquiry on 15 May 2019.

    Mahomedy: Regiments scored on commissions in Transnet's interest rate swap

    Acting group chief executive Mohammed Mahomedy has testified about how the terms of loans worth about R23-billion were changed, against the advice of junior treasury officials.

    1185 days ago
  • A screengrab of Transnet acting group chief executive Mohammed Mahomedy at the Zondo commission of inquiry into state capture on 15 May 2019.

    WATCH LIVE: Mahomedy continues detailing capture of Transnet

    Transnet's acting CEO Mohammed Mahomedy continues with his testimony at the state capture commission of inquiry where he is detailing how the parastatal was captured by Gupta-linked executives and firms.

    1185 days ago
  • Picture: www.transnet.net

    Transnet acting CEO to detail hijacking of parastatal at Zondo Inquiry

    Board chair Popo Molefe set the scene a week ago where he implicated several former executives in executing a sophisticated heist which siphoned hundreds of millions of rand out of the company.

    1186 days ago
  • Picture: www.transnet.net

    Transnet warns its R8bn irregular expenditure could balloon as it reviews deals

    Transnet’s acting CFO Mohammed Mahomedy says that the parastatal is reviewing thousands of contracts as it tries to get to the bottom of the deep-rooted corruption in the company.

    1303 days ago
  • «
  • 1
  • »

Trending on EWN

FILE: The court ordered the Sandton man to vacate the home so that his wife and children can move back in. Picture: Steve Buissinne from Pixabay

  1. High court reprimands Sandton man for treatment of his estranged wife
  2. Benoni pastor sentenced to 2 life terms for rape of minors, youngest 3 years old
  3. Prince Simakade Zulu proceeding with his coronation despite condemnation
  4. PowerBall Results: Friday, 12 August 2022
  5. "I don't want children, I got sterilised at 29" - Why is this stigmatised?
Tweets by @ewnreporter

On Air


Latest bulletin

Latest traffic report

Contributors

  • Paula Luckhoff
    Paula Luckhoff
    US actor Anne Heche dies a week after car crash that set house ablaze
  • AFP
    AFP
    Ancelotti 'surprised' by Kroos absence from Ballon d'Or nominees
  • Rafiq Wagiet
    Rafiq Wagiet
    "Zero sympathy for All Blacks" - SAns want Boks to demolish NZ at Ellis Park
  • Nhlanhla Mabaso
    Nhlanhla Mabaso
    Prince Simakade Zulu proceeding with his coronation despite condemnation
  • Ronald Masinda
    Ronald Masinda
    DA says Amathole district must 'get its house in order' amid water crisis

Let the news come to you. Subscribe to our daily newsletter.

Eyewitness News
  • Local
  • World
  • Politics
  • Sport
  • Business
  • Lifestyle
  • Opinion
  • Features
  • Video
  • Audio
  • Infographics
  • EWN Apps
  • EWN popup
  • Breaking News Alerts
  • Traffic
  • Newsletter Signups
  • RSS Feeds
  • Contact
  • Find us on Facebook
  • Follow us on Twitter
  • Follow us on Instagram
  • Comments Policy
COPYRIGHT 2022 ALL RIGHTS RESERVED | Terms & Conditions | Privacy | PAIA

Choose an EWN Twitter account

Follow @ewnreporter

Follow @ewnupdates

Follow @ewnsport

Follow @ewntraffic

Choose an EWN app

iOS

Android