Topic
Inquiry hears of 'improper engagement' between Transnet and China South Rail
By: News24Wire 28th May 2019 There was "improper engagement" between Transnet and locomotive manufacturer China South Rail before the awarding of controversial tenders for the... →
Complainants in the dark about probe into Transnet's R647m payment
By: News24Wire 24th May 2019 More than a year has passed without the Hawks updating complainants about their progress in investigating a suspicious R647-million payment made by... →
Inquiry hears Transnet fleet now worse off than before billion rand acquisitions
By: News24Wire 23rd May 2019 The performance of Transnet's fleet of locomotives is now worse than it was in 2014 when the acquisition of 1 064 new locomotives was initiated,... →
McKinsey 'lost the plot' in business case for Transnet locomotives, inquiry hears
By: News24Wire 20th May 2019 Global consulting firm McKinsey & Co did not fully understand its mandate when it was brought in to strengthen the business case for Transnet to... →
China South Rail contract for 100 locomotives was 'flawed', inquiry hears
By: News24Wire 20th May 2019 The procurement of 100 locomotives from China South Rail was flawed and resulted in excessive costs to Transnet, the State capture inquiry heard.... →
Documents 'deliberately' altered to award locomotive contract to China South Rail, Zondo inquiry hears 
By: News24Wire 17th May 2019 Former Transnet executives amended a business case to procure 100 locomotives so that it would favour China South Rail in tender processes, the... →
Mahomedy tackles locomotive costs, interest rate swaps at Zondo Commission
By: African News Agency 16th May 2019 Transnet acting group chief executive Mohammed Mahomedy continued his testimony at the Zondo commission of inquiry into State capture on Thursday,... →
Zondo Commission: Cost of Transnet locomotive deal inexplicably increased by billions
16th May 2019 The biggest winner out of Transnet’s multi-billion-rand locomotives contract in 2014 was Gupta-linked consultancy firm Regiments, which had not... →
