Transnet swings to R5bn profit from R8bn loss in previous financial year
Bruce Whitfield talks to Group CEO Portia Derby about state-owned Transnet's results for the 2021/2022 financial year.
Stay updated with breaking news from Transnet Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bruce Whitfield talks to Group CEO Portia Derby about state-owned Transnet's results for the 2021/2022 financial year.
Bruce Whitfield talks to Group CEO Portia Derby about state-owned Transnet's results for the 2021/2022 financial year.
The accused were arrested last month by the Hawks on charges of fraud, corruption, money laundering and contravention of the Public Finance Management Act.
The fraud, corruption and money laundering case against five accused – including former Transnet Group Chief Executive, Siyabonga Gama – in relation to corruption at Transnet has been postponed to August in the Palm Ridge Specialised Crimes Court.
Transnet has agreed a five-year loan worth $1.5 billion with a group of international lenders led by Deutsche Bank AG in its biggest funding transaction in seven years.