Countries

No charges yet, but pressure mounts as Gigaba meets IDAC over transnet

Cape Town — Former public enterprises minister Malusi Gigaba has voluntarily appeared before the National Prosecuting Authority’s Investigating Directorate... Read more

18 Nov

Business

Inside the Transnet heist: How Zuma-era bosses allegedly looted millions

Johannesburg – Four former executives at South Africa’s failing transport company were arrested and charged on Monday over allegations... Read more

1 Jul

Countries

SIU and Transnet reach R31.4m unlawful contract settlement agreement

Cape Town — The Special Investigating (SIU) and Transnet signed several settlement agreements totalling more than R31 million after... Read more

19 Feb

Countries

SIU saved state more than R8bn in past financial year

Cape Town — The Special Investigating Unit (SIU) revealed that it had exceeded all its performance targets and it... Read more

15 Oct, 2024

Business

Godongwana urges NDB to maintain financial integrity

Cape Town — Finance Minister, Enoch Godongwana, said the New Development Bank (NDB) must do all that it can... Read more

31 Aug, 2024

Countries

Ramaphosa approves SIU to investigate maladministration over Transnet leases

Cape Town —  President Cyril Ramaphosa has given authorisation to the Special Investigating Unit (SIU) to investigate any allegations... Read more

24 Aug, 2024

Countries

Transnet, SIU take Nedbank to court over state capture deals

Cape Town — South Africa’s public transport enterprise, Transnet, and the Special Investigating Unit (SIU) are set to initiate... Read more

27 Jul, 2024

Business

Transnet secures R18.85bn loan for infrastructure revamp

Cape Town – The African Development Bank Group has approved an R18.85 billion ($1 billion) loan to Transnet to support... Read more

25 Jul, 2024

Business

African Development Bank grants Transnet R18 billion loan to adress issues

Cape Town — South Africa’s state-owned transport and freight company, Transnet, received an R18 billion loan from the African... Read more

19 Jul, 2024

Business

Sasol wins R4bn legal battle against Transnet over tariff dispute

Cape Town —  Sasol has secured a significant legal victory against state-owned logistics utility Transnet, winning almost R4 billion... Read more

20 Jun, 2024