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  • Ramaphosa announces measures to improve South Africa’s ports

    President Cyril Ramaphosa visited Cape Town on 22 June 2021 where he announced the establishment of the National Ports Authority as an independent, wholly owned subsidiary of Transnet. Ramaphosa said this was a necessary step towards turning around and improving the ports in the country. It was also announced that Transnet will be investing R100 billion over the next five years towards upgrading the port system.

    331 days ago
  • President Cyril Ramaphosa addresses the nation on 30 March 2021. Picture: GCIS.

    Ramaphosa announces establishment of Transnet National Ports Authority

    This will mean the establishment of an independent National Ports Authority as a wholly owned subsidiary of Transnet, with its own board appointed by the minister of public enterprises.

    331 days ago
  • Picture: www.transnet.net

    Transnet appoints Coega Development Corp to move 2 major port terminals

    The Coega Development Corporation will oversee and implement the migration of the manganese terminal and the liquid bulk terminal from Gqebreha to Ngqura. It's hoped the move will help boost the economy of the Nelson Mandela Bay Metro.

    343 days ago
  • A screengrab of former Transnet CFO Anoj Singh giving evidence at the state capture inquiry on 28 May 2021. Picture: SABC/YouTube

    Singh defends hiring Regiments to advise Transnet on complex transactions

    Former Transnet CFO, Anoj Singh, said that the rail agency treasury could only handle mundane functions, so it was necessary to appoint Regiments Capital as transaction advisors for more complex transactions.

    356 days ago
  • FILE: Public Enterprises Minister Pravin Gordhan. Picture: Abigail Javier/Eyewitness News

    Gordhan applauds companies reversing state capture damage at SOEs

    Speaking during his Budget vote on Thursday, the minister said they must start by fixing the damage at state-owned entities (SOEs) before repositioning them.

    356 days ago
  • A screengrab of former Cabinet minister Malusi Gigaba appearing at the state capture inquiry on 27 May 2021. Picture: SABC/YouTube

    Gigaba: Themba Langa lied about me wanting Transnet to pay Gama's legal costs

    Malusi Gigaba said that even if he was still Public Enterprises minister, he would not have given such instructions, so lawyer Themba Langa was just dropping his name.

    357 days ago
  • A screengrab of former Eskom CFO Anoj Singh appearing at the state capture inquiry on 22 April 2021. Picture: SABC/YouTube

    Singh battles to explain why some transactions were made which benefitted Essa

    Testifying at the state capture commission on Thursday, former Transnet CFO Anoj Singh said that he could not explain why he signed an addendum that saw consultancy firm Trillian inherit Regiments' stake of a McKinsey contract.

    357 days ago
  • A screengrab of former Transnet CFO, Anoj Singh, appearing at the state capture inquiry on 27 May 2021. Picture: SABC/YouTube

    Singh denies knowing Essa was paid 50% of fees billed by McKinsey

    Anoj Singh also denied that he had a close relationship with Salim Essa.

    357 days ago
  • SABC YouTube screenshot of former Transnet CFO Anoj Singh during his appearance at the Zondo Commission of Inquiry into State Capture on Friday, 12 March 2021.

    WATCH LIVE: Anoj Singh gives Transnet-related evidence at Zondo Inquiry

    The state capture commission hearing Transnet related evidence from the former Transnet Chief Financial Officer (CFO) Anoj Singh on Thursday.

    357 days ago
  • FILE: McKinsey & Company. Picture: Facebook

    McKinsey commits to repaying Transnet R870m from irregular contracts in 2 days

    The firm said it would pay back all fees earned from irregular contracts with the rail agency and Eskom with interest.

    358 days ago
  • FILE: A video screengrab of Ajay Gupta. Picture: Eyewitness News.

    Gupta enterprise earned over R15bn from Transnet contracts, Zondo told

    Researcher Paul Edward Holden said the payments were for locomotives and crane contracts and consultancies.

    359 days ago
  • A screengrab of former Cabinet minister Malusi Gigaba appearing at the state capture inquiry on 21 May 2021. Picture: SABC/YouTube

    Gigaba denies issuing orders for Gama to be reinstated as Transnet CEO

    Former minister Malusi Gigaba said that contrary to allegations that he wanted Siyabonga Gama back, he never went beyond his role of oversight.

    363 days ago
  • A screengrab of former Cabinet minister Malusi Gigaba appearing at the state capture inquiry on 21 May 2021. Picture: SABC/YouTube

    Gigaba denies knowing Guptas paid R3.5bn in kickbacks from locomotive tenders

    Malusi Gigaba said that he would not have known details of what transpired as minister because his role was oversight.

    363 days ago
  • A video screengrab of former Transnet CEO Siyabonga Gama. Picture: YouTube

    Ex-Transnet boss ‘didn’t know’ Gigaba was involved in him being reinstated

    Former Transnet CEO Siyabonga Gama appeared at the state capture inquiry this past week.

    383 days ago
  • FILE: A screengrab of former Transnet CEO Siyabonga Gama giving evidence at the state capture inquiry on 11 March 2021. Picture: SABC/YouTube

    Siyabonga Gama refutes Norma Mngoma's claim that he hired Malusi Gigaba's sister

    Former Transnet CEO Siyabonga Gama said he never appointed the former minister’s sister Gugu Gigaba and did not attend a Jacob Zuma Foundation event that Transnet had sponsored with half a million rand.

    384 days ago
  • FILE: A screengrab of former Transnet CEO Siyabonga Gama giving evidence at the state capture inquiry on 11 March 2021. Picture: SABC/YouTube

    Ex-Transnet boss denies knowledge of CSR’s $123m payment to Gupta Enterprises

    Former Transnet CEO Siyabonga Gama on Friday said that he didn’t know that China South Rail (CSR) paid US$123 million to Gupta Enterprises after the rail agency approved a loan agreement brokered by Salim Essa.

    384 days ago
  • A screengrab of former Transnet CEO Siyabonga Gama giving evidence at the state capture inquiry on 11 March 2021. Picture: SABC/YouTube

    WATCH LIVE: Ex-Transnet CEO returns to state capture hot seat

    Former Transnet CEO Siyabonga Gama returns to the state capture inquiry.

    384 days ago
  • Siyabonga Gama: The idea that I’m corrupt is a falsity created by Popo Molefe

    Former Transnet CEO Siyabonga Gama took the stand at the commission of inquiry into alleged state capture on 26 April 2021. During his testimony, Gama denied that former Minister of Public Enterprises Malusi Gigaba influenced his appointment in order to further state capture.

    388 days ago
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