Transnet has interdicted an expected shutdown by the South African Transport and Allied Workers Union.
The Commission of Inquiry into allegations of State Capture is expected to hear the testimony of Thobani Mnyandu of MNS Attorneys when proceedings resume in Parktown, Johannesburg on Thursday.
The Commission of Inquiry into allegations of State Capture is expected to hear the testimony of Tshiamo Sedumedi on behalf of MNS attorneys when proceeding resume on Tuesday morning in Parktown, Johannesburg.
Former Transnet employee, Gerhard van der Westhuizen said Brian Molefe circumvented Procurement processes when he awarded Transnet’s master service contract to a company linked to Gupta-family associate, Salim Issa.
The Commission of inquiry into allegations of state capture is expected to hear the testimony of Former Transnet employee, Gerhard van der Westhuizen in Parktown, Johannesburg on Monday.
China North Rail minority shareholder, Roberto Gonsalves, says the Hawks have failed to take action against the reported improper payment of R674 million by Transnet to China North Rail (CNR), under the guidance of a dormant advisory company named BEX which was acting on behalf of CNR.
Former Transnet electrical engineer, Francis Callard, has told the Commission of Inquiry into State Capture that the wrong foreign exchange rate was used to justify a cost increase in the acquisition of 100 locomotives from Gupta-linked China South Rail.
Former electrical engineer at Transnet, Francis Callard, has told the commission that former Transnet executive, Siyabonga Gama allegedly altered a proposal for the acquisition of 100 locomotives to favour China South Rail.
Acting Transnet CEO, Mohammed Mohamedy, has told the Zondo commission of how an interest rate swap with Nedbank meant that the parastatal would pay an additional R300 million a year to services it’s debt.
Transnet’s Acting Group Chief Executive Officer Mohammed Mahomedy says Regiments Capital and Trillian were paid R220 million and R93 million respectively in upfront commission for loans obtained by Transnet from a consortium of banks.