transnetlatest news & developments

Ramaphosa raises SA investment target to R3 trillion as Sasol pledges R60bn

Ramaphosa has raised South Africa’s investment target to R3 trillion after nearly R890 billion in pledges at this year’s investment conference, with Sasol’s R60 billion commitment emerging as one of the biggest – and a sign of business confidence tied to policy certainty

Investor friendly: The Cape Town Container Terminal is renowned for the export of perishables and frozen
products but congestion across the freight rail and port network has steadily eroded investor confidence.
Photo: File

Infrastructure credit guarantee scheme to unlock billions

SA launches a R8bn guarantee fund to unlock up to R160bn in private investment for energy, water and transport infrastructure

Transnet faced intense scrutiny in Parliament as MPs raised concerns about rising debt, weak governance and persistent audit failures in spite of signs of recovery

Transnet grilled in parliament over debt, governance failures and audit concerns

Transnet faced intense scrutiny in Parliament as MPs raised concerns about rising debt, weak governance and persistent audit failures in spite of signs of recovery

Value for money: The Zondo Commission led by former Chief Justice Raymond Zondo has recovered more than R16 billion from irregular contracts.
Photo: GCIS

Rethinking the value of commissions

Any objective analysis must proceed from the premise that commissions of inquiry are not criminal courts. They neither prosecute nor sentence. Their constitutional purpose is to establish facts, identify systemic weaknesses and recommend structural changes

Finance Minister Enoch Godongwana. (GCIS)

Godongwana holds better budget cards but economic recovery remains inadequate

Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth

No more heckling: Agriculture Minister John Steenhuisen, who has just stepped down as DA leader, says he
leaves the party in better shape than he found it. Their duty now is to help build South Africa, not scream at
other parties. Photo: Supplied

Leaving is never easy but look at us now

Not long ago, it was unthinkable that the leader of the DA would ever walk up the steps to the Union Buildings

Punching above our weight: South African agriculture is proud to be a sector that is among the top 40 global agricultural exporters, the only
African country on that list, says the writer. Photo: Jaco Wolmarans

The Sona love letter to SA’s agric sector

We are working to expand the sector and ensure we provide high-quality products to new markets. It remains key that the sector’s “knowledge infrastructure” is up to date and, importantly, that new entrant farmers are supported

Former Eskom chief executive Brian Molefe (Oupa Nkosi)

Zuma reshuffles MK leadership, Brian Molefe replaces Mpiyakhe Limba as treasurer general

Molefe is currently out on R50 000 bail on charges of fraud, corruption and contraventions of the Public Finance Management Act and the Companies Act linked to his tenure at Transnet

New broom: Advocate Andy Mothibi Photo: GCIS

New NPA boss Mothibi in hot seat

Incoming NDPP lauded for his anti-corruption record as head of the SIU while critics see red

Former public enterprises minister Malusi Gigaba

Malusi Gigaba charged over Transnet’s multibillion-rand corruption scandal

Gigaba appeared in court alongside four former Transnet executives, with prosecutors alleging he accepted undisclosed cash from the Gupta family while tender processes were irregularly steered in their favour

Former public enterprises minister Malusi Gigaba

Gigaba engaging with IDAC, not arrested over corruption at Transnet

Gigaba said his conscience was clear regarding his conduct in office as minister of public enterprises

Crime intelligence head Dumisani Khumalo. (Screenshot from Madlanga Commission)

Khumalo: Political killings task team model should be adopted nationwide

Crime Intelligence head Dumisani Khumalo says traditional policing methods can’t combat sophisticated criminal cartels

Suspended Police Minister Senzo Mchunu. (@Senzo_Mchunu/X)

UPDATED: Mchunu denies ties to Matlala amid police tender scandal

Police Minister Senzo Mchunu says he has never met or spoken to Vusimuzi Matlala, despite allegations of political interference in a R360 million South African Police Service tender

Neglecting existing infrastructure generates higher long-term costs.

South Africa must revive its industrial ambitions

Black economic empowerment has been transformative but it needs to be revisited to broaden its pool of beneficiaries

Signs are that the transport sector is on the path to recovery.

Three factors that could drive a turnaround in SA’s transport sector

Developing infrastructure, expanding investment and giving professionals crucial skills will boost the sector, to the benefit of all South Africans

Former North West premier Popo Molefe (Gallo Images)

Popo Molefe: From politics to fixing potholes

The struggle stalwart debunks narratives about racial discord in South Africa

In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

No bailouts for struggling parastatals such as Eskom, Transnet,  treasury insists

In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

Transnet has taken delivery of a R892 million fleet of straddle carriers and rubber tyre gantry (RTG) cranes at the Port of Durban. (Lyse Comins/M&G)

Transnet takes delivery of R892m of cargo equipment at Port of Durban

The new rubber-tyred gantry cranes and straddle carriers will boost efficiency at the port, Transnet chief executive Michelle Phillips said

The mining industry has the potential to grow if there is more investment in exploration projects. (Michele Spatari/Bloomberg via Getty Images)

Mining has life, in spite of hitches

The industry has the potential to grow if there is more investment in exploration projects

Luvuyo Masinda, CEO of Standard Bank Corporate & Investment Banking

Working together, we can transform the South African railway  network for the better