Transnet is working with Eskom to reduce the ailing power utility’s costs by increasing the supply of coal delivered by rail and improving the quality and reliability of the primary feedstock for its thermal plants.
Browsing: Transnet
Podcast | Following the explosive reports in 2017 that SAP Africa paid “kickbacks” to Gupta-owned companies to secure contracts at state-owned enterprises, MD Cathy Smith has said the organisation is on the mend.
Transnet has officially put its world record-breaking 375-wagon train into operation on its manganese line between Sishen and Saldanha Bay.
The problems of South Africa’s state-owned enterprises are in the headlines every day. Yet many have existed for over 80 years.
South African Airways CEO Vuyani Jarana has quit the financially stricken state-owned company, citing a lack of funding and drop in government support for the carrier’s turnaround plan.
A forensic report into Eskom and Transnet found some executives and board members failed to act in the companies’ best interests and recommended criminal investigations against them.
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.
The board of Transnet said it plans to dismiss CEO Siyabonga Gama after losing confidence in his ability to lead South Africa’s state-owned ports and rail company.
The complaints and compliance committee of communications regulator Icasa will next week hear a complaint against MTN South Africa, brought by state-owned Transnet, after the mobile operator allegedly
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