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Transnet: Correct processes followed for new group CEO appointment
Transnet disputed claims of disagreements between its board and Gordhan over a suitable candidate to head the company.
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S. Africans assured troubles at ailing SOEs will be remedied soon
Eskom, SAA and Transnet are just three of the SOEs that have been struggling after years of corruption and mismanagement.
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Reports: Molefe, Gama, Singh among former Eskom, Transnet execs facing arrest
The paper says it has sources within the NPA and SIU who state that officials from the parastatals are set to be arrested soon in connection with hundreds of millions of rand that were siphoned from Eskom and Transet.
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Pravin was instrumental in looting Transnet - Moatwe
Newly elected EFF national treasurer general Omphile Moatwe says the Minister of Public Enterprises Pravin Gordhan destroyed all the plan and strategies that were put in place to sustain Transnet.
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State capture to blame for state of SOEs: Parly's public enterprises committee
An oversight report published this week follows recent visits and inspections of the key SOEs like the South African Airways (SAA), Denel and Transnet.
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Transnet likely to feature in first state capture prosecution
South Africans have been waiting impatiently for action against those involved in looting the state of billions of taxpayers’ rands.
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WATCH LIVE: State capture spotlight moves to alleged irregularities at Transnet
The commission of inquiry into state capture resumed on Wednesday and focused on alleged irregularities at Transnet.
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Callard shows Saica videos of unguided Transnet contract negotiations
Former Transnet manager Francis Callard is continuing his testimony at the third sitting of Saica's disciplinary committee's hearings against Anoj Singh.
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Saica hears how Transnet error led to inflation of locomotives tender
The second day of the South African Institute of Chartered Accountants' disciplinary hearing against former Transnet and Eskom CFO Anoj Singh was spent interrogating more evidence that was presented by former Transnet employee Francis Callard.
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Saica told Anoj Singh ordered accelerated delivery of controversial locomotives
Francis Callard has told the Saica hearing that Singh demanded the delivery of up to 480 locomotives be brought forward at the risk by negating critical factors, such as Transnet engineering’s capacity.
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Ex-Transnet manager details irregular processes at Anoj Singh's Saica hearing
Singh who is a former CFO at Transnet and Eskom faces 18 charges of misconduct for his dealings when he was responsible for the finances in the two state-owned companies.
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Witness highlights changes instructed by Singh in procurement of locomotives
Former Transnet strategy manager Francis Callard is the first witness to appear before this disciplinary committee on Wednesday.
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Ex-Eskom CFO Anoj Singh absent from Saica disciplinary hearing
The hearing is listening to opening arguments by Saica legal representative Advocate Hamilton Maenetja SC, who is explaining to the disciplinary committee the merits of each charge levelled against Singh.
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Former Eskom exec Anoj Singh to face Saica disciplinary committee
Singh faces disciplinary action emanating from 18 charges for being in breach of various clauses of Saica's code of conduct, including that he behaved in a manner that brought the accountancy profession into disrepute.
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Transnet wants to reverse audit finding of R49bn irregular expenditure
The state-owned freight, rail and ports entity released its mixed-bag financial performance on Monday, which showed the company’s revenue had grown by 1.6%, while it received yet another qualified audit.
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Disciplinary processes against suspended Transnet officials to begin in Nov
The group suspended four executives and several other senior managers and officials with full pay and benefits earlier this year over alleged misconduct.
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Transnet blames mining sector, weak economy for drop in commodity volumes moved
The state-owned company has blamed the fall on the contraction in the mining sector and the weak economy among other reasons.
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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.
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Transnet credits revenue improvement on petroleum volumes
The entity reported a 1.6% revenue increase amounting to R74.1 billion.
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Transnet reports 1.6% rise in annual revenue
Transnet, which has been investigating allegations of corruption in the procurement of diesel and electric locomotives, said its audit report had received a 'qualified opinion'.
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Firefighter injured while extinguishing Transnet train fire
The City of Cape Town’s Fire and Rescue Services responded to the incident at Transnet’s shunting yard in Woodstock on Sunday night.
