Browsing: Transnet

News
Looters must be punished: Gordhan

South Africa’s recovery from corruption at its state-owned companies requires thorough reform and punishing those responsible, according to public enterprises minister Pravin Gordhan.

News
SAP admits it erred, paid Gupta companies

German enterprise software giant SAP admitted on Thursday that it had made payments to Gupta-linked companies and uncovered irregularities in the “management of third parties” and adherence to its compliance

News
Transnet distances itself from SAP scandal

Transnet has distanced itself from third-party payments made by software giant SAP to win contracts with South Africa’s state-owned ports and rail operator, saying they are an issue for the German company and its business partners

News
Business body expels ‘corrupt’ Eskom, Transnet

Business Leadership South Africa (BLSA) has suspended the membership of both Eskom and Transnet with immediate effect, citing the state-owned enterprises’ connection with “extensive allegations of corrupt behaviour over

News
SAP to publish results of SA probe next month

German enterprise software giant SAP has undertaken to publish the outcome of an external probe into alleged wrongdoing at its South African unit during the last week of October 2017. In a statement late on Friday, SAP said the

News
SAP ‘kickbacks’ probe still ongoing

A team of experts from international law firm Baker McKenzie is still busy with its investigation into a “kickbacks” scandal at the South African subsidiary of German software giant SAP, the company

1 2 3 5