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Was there political pressure on PRASA to reinstate the failed long-distance train service?

Was there political pressure on PRASA to reinstate the failed long-distance train service?

17th January 2024 The DA has submitted a Promotion of Access to Information Act (PAIA) application to PRASA to request a record of decision that informed the... 

Gauteng High Court orders sequestration of Gupta associate Eric Wood

Gauteng High Court orders sequestration of Gupta associate Eric Wood

By: News24Wire      20th December 2023 The Gauteng High Court has ordered the sequestration of Gupta associate Eric Wood's estate, ruling in favour of Transnet's Second Defined Benefit... 

Gupta 'fixer' Kuben Moodley asks court to relax bail conditions to travel to India

By: News24Wire      8th December 2023 Gupta associate Kuben Moodley petitioned the Johannesburg Specialised Commercial Crimes Court sitting in Palm Ridge to relax his bail conditions,... 

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MMC suspended party, DA calls for heads to roll, Gwamanda remains nonchalant

By: News24Wire      1st December 2023 City of Johannesburg MMC for Group Corporate and Shared Services (GCSS) Loyiso Masuku says she suspended plans to host a R2.6-million ceremony for... 

Minister of Public Enterprises Pravin Gordhan

'There is nothing we can do.' Gordhan bemoans 'unreasonable' Chinese rail company

By: News24Wire      9th November 2023 "Transnet needs help," chairperson Andile Sangqu told MPs on Wednesday in an appeal to the government to take on some of its unsustainable debt... 

Transnet chairperson Andile Sangqu

Transnet’s recovery plan premised on securing govt capital injection  

By: Terence Creamer     26th October 2023 Absent an equity injection or debt relief from government, Transnet chairperson Andile Sangqu says the State-owned entity will not be able to... 

Transnet train

Transnet to lean on Treasury for R100bn turnaround plan

By: News24Wire      25th October 2023 Transnet is seeking more than R100-billion from the Treasury over the next two years, according to the turnaround plan produced by the board.  The... 

Eskom logo

Eskom and Transnet failures threaten to put South Africa in a debt crisis

17th October 2023 The implications of the National Treasury’s discussions with the World Bank to access a $1 billion loan (R19 billion) for Eskom’s unbundling and to... 

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