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Transnet train

Transnet Senior Managers Receive Suspension Notices

Eyewitness News has learnt that eight senior managers at Transnet have been served with suspension notices.The employees were served with letters on Friday and have...
transnet

Transnet Ex-Top Executives Served With Summons

JOHANNESBURG – Former Transnet top executives implicated in maladministration and corruption at the rail agency have been served with summons. This was confirmed by Transnet...
Transnet Board Chairperson Popo Molefe.

Molefe Compares Corruption At Transnet To Horror Movie

Transnet board chairperson Popo Molefe says the corruption at the state-owned entity is nothing short of a horror movie, accusing those at the helm of being professional...
Transnet train

Revenue Increase, Profit Decrease For Transnet

Beleaguered state rail operator Transnet’s profit after tax decreased by 15percent to R2.8billion from R3.4bn the year before, although profit from operations before net...

Transnet Acting CEO Working Hard To Root Out Corruption

CAPE TOWN – Transnet's acting group chief executive Tau Morwe says management is hard at work rooting out corruption within the parastatal.The company is...
Siyabonga Gama

Labour Court Dismisses Siyabonga Gama’s Application Against Transnet

JOHANNESBURG –  The Labour Court has dismissed the application by former Transnet CEO Siyabonga Gama against the state-owned enterprise.The organisation fired Gama last month...
President Cyril Ramaphosa

Ramaphosa Lifts Veil On China Loan Conditions

President Cyril Ramaphosa has lifted the veil on the loans extended to state-owned enterprises Eskom and Transnet by the China Development Bank.In a written...
transnet

Transnet Considers Legal Action Against Former Group Treasurer

JOHANNESBURG: Transnet says it is considering laying criminal charges against its former group treasurer Phetolo Ramosebudi.Ramosebudi resigned on Thursday after the parastatal's board served him...
Pile of coal with a shovel

Ten Eskom Power Stations Running Low On Coal

Eskom says that 10 of its power stations have less than three weeks of coal supply left. Four of these power plants have fewer...
Transnet CEO Siyabonga Gama.

Gama: Transnet’s Irregularities Date Back 13 Years

Embattled Transnet group chief executive Siyabonga Gama has broken his silence over the irregular expenditure scourge at the parastatal, saying the issue dates back...
Transnet chairperson Popo Molefe

Transnet Board To Consider Reasons Why CEO Siyabonga Gama Shouldn’t Be...

Transnet Chairperson Popo Molefe confirmed on Tuesday receiving responses by three senior executives who were given until Monday to explain why they should not...
Transnet chief executive Siyabonga Gama.

Transnet Executives Have Until EOB Today To Save Jobs

Three Transnet executives have until the end of business today to save their jobs or face suspension.Chief executive Siyabonga Gama, chief procurement officer Thamsanqa...
Transnet CEO Siyabonga Gama giving a talk

Senior Officials Transnet Face Suspension

The chief executive of South Africa’s Transnet and two other senior officials have been told they will be suspended, the chairman of the state-owned...

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