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Thungela disputes Transnet force majeure call

SA’s largest coal shipper says Transnet Freight Rail’s announcement this week that it will terminate transport agreements with exporters is a contractual issue. ....

Transnet Freight Rail , Sunday Times , Business Day , Financial Mail , Thungela Resources , Alan Waller , Richards Bay Coal Terminal , Mzila Mthenjane , Chinese Railway Rolling Stock Corporation , Minerals Council Sa , Exxaro Resources , July Ndlovu , Reaking News , Sunday Times , He Times , Usiness Times , Shisa Live ,

Private security has 'huge' success on Transnet's coal line

The coal mining industry has pitched in to bolster security around the Transnet coal line and is encouraged by the results. ....

South Africa , Richards Bay , Kwazulu Natal , Sakkie Swanepoel , Chinese Railway Rolling Stock Corporation , Exxaro Resources , Richards Bay Coal Terminal , Transnet Freight Rail ,

Singh says he did not understand pricing on inflated locomotive deal

Singh says he did not understand pricing on inflated locomotive deal
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Anton Myburgh , Brian Molefe , Siyabonga Gama , Justice Raymond Zondo , Manoj Singh , Chinese Railway Rolling Stock Corporation , Former Transnet , General Electric , Bombardier Transporting , China South Rail , China North , Regiments Asia , Century General Trading , Deputy Chief Justice Raymond Zondo , Special Investigating Unit , மனோஜ் சிங் , சீன ரயில்வே உருட்டுதல் ஸ்டாக் நிறுவனம் , ஜநரல் மின்சார , சீனா தெற்கு ரயில் , சீனா வடக்கு , ரெஜிமென்ட்கள் ஆசியா , சிஇஎன்டியுவ்ஆர்ஒய் ஜநரல் வர்த்தக , சிறப்பு விசாரணை அலகு ,

VTB Capital: The Russian bank that took Mozambique for...

we wrote about the role of Credit Suisse in the mega-looting in Mozambique. This week we turn our attention to the complicity of part Russian state-owned bank, VTB Capital.
In 2016, 14 donors and the International Monetary Fund (IMF) stopped all lending to Mozambique, plunging the country into an economic crisis. Mozambique’s currency plummeted in value by 70% and its annual GDP growth rate fell from 6.7% to 3.8%. All this stemmed from the country’s “secret tuna-bond” loans. These loans worth $2.2-billion (about R30-billion) were hidden from the IMF, Mozambique’s other lenders and donors, lawmakers and from the Mozambican public. With the help of corrupt, complicit and woefully inept bankers from Credit Suisse and VTB Capital, corrupt Mozambican politicians were able to orchestrate a mega-heist. ....

New York , United States , United Kingdom , South Africa , City Of , New Zealand , New Zealander , Andrey Kostin , Adriano Nuvunga , Dame Margaret Hodge , Donald Trump , Fana Hlongwane , Armando Guebuza , John Bredenkamp , Najib Allam , Abu Dhabi , Detelina Subeva , Vladimir Putin , Akram Safa , Sarah Jayne Clifton , Jacob Zuma , Jean Boustani , Andrew Pearse , Makram Abboud , Alexei Yakovitsky , Ndambi Guebuza ,