How Transnet is killing the economy
Trucking queues 37km long, ships waiting for 19 days to unload as transport mess spirals
Source: timeslive.co.za
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How Transnet wants freight truckers to ride — and run — its rails
Transnet Freight Rail (TFR) is hoping to entice trucking companies operating between Gauteng and Durban to consider coming in as private rail operators on a route where it admits it is facing major challenges.
Source: timeslive.co.za
Six key SOEs (and many others) have missed a key deadli...
The offending entities include the South African Post Office, Land Bank, Denel, state-owned airlines SAA and SA Express, and Armscor (the procurement agency for the department of defence). They have all missed a 20 September 2021 deadline to unveil their financial affairs in Parliament.
Source: dailymaverick.co.za
McKinsey, Regiments got Transnet deals worth R2.2bn without bidding
The Zondo Commission said that between 2014 and 2015, the two companies were awarded the R2.2 billion contracts by way of confinement rather than by open public tender.
Source: ewn.co.za
How Transnet was the primary site of state capture
The Zondo Inquiry established that racketeering, money laundering, fraud, kickbacks, corruption and many other financial crimes were the order of the day at the company that served as the engine of the country’s economy.
Source: ewn.co.za