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NEWS

Transnet Training Academy teams up with the University of Pretoria and the University of Cape Town

Zuko Komisa Image | Adobe Stock The Universities of Pretoria and Cape Town have teamed with Transnet Academy to provide the parastatal's engineers and technicians with opportunities for skill development and training. Transnet said in a statement on Tuesday that the move will help the business "with enhanced technical capacity, reliable safety standards, and superior customer service delivery." https://www.kaya959.co.za/news/transnet-get-1-billion-for-its-recovery-and-growth-plans/ The anticipated duration of the relationship is five years. “By addressing […]

today03/10/2024

R93 million

NEWS

SIU investigates maladministration in 5 Transnet leases

By: Natasha Archary Image: Transnet President Cyril Ramaphosa has signed Proclamation 174 of 2024, authorising the Special Investigating Unit (SIU) to investigate allegations of serious maladministration within Transnet and to recover any financial losses suffered by the State or Transnet. The proclamation empowers the SIU to probe the procurement processes and contractual agreements related to the leasing of properties belonging to or controlled by Transnet or the State. This investigation […]

today26/08/2024

NEWS

Transnet gets $1 billion loan approved for its recovery and growth plans

Zuko Komisa Image | @Transnet Freight Rail /Facebook A R18.85 billion ($1 billion) corporate loan has been authorized by the African Development Bank Group for Transnet's recovery and growth plans. The African Development Bank Group's Board of Directors approved the 25-year loan on July 12, 2024. “The accompanying grant funding to the loan will also greatly assist Transnet with its energy efficiency efforts and with Infrastructure Project Preparation initiatives,” Group […]

today24/07/2024

NEWS

Transnet to receive R47 billion from the National Treasury

Zuko Komisa Image | Transnet Freight Rail Transnet to receive R47 billion from the National treasury. National Treasury has granted Ports and Freight Rail Company Transnet an immediate R47 billion guarantee facility. The Department of Public Enterprises and National Treasury jointly released a statement announcing this. Ministers Pravin Gordhan and Enoch Godongwana said they are optimistic that the guarantee will help the entity, according to the statement. “The financial support […]

today01/12/2023

partly privatize ailing port

Kaya Biz

Transnet moves ahead to partly privatize an ailing port

By: Natasha Archary Image: Moritz Kindler Unsplash Transnet is moving ahead to partly privatize one of its ailing ports at the Durban Container Terminal Pier 2. A Manila, Philippines company, International Container Terminal Services (ICTSI) is the preferred bidder to take on the joint venture to develop and upgrade this port. Joining Gugulethu Mfuphi on Kaya Biz is Kaya 959 presenter Sizwe Dhlomo and Andrew Pike, Head of Ports, Transport […]

today19/07/2023

NEWS

35-year-old alleged Transnet fuel pipeline syndicate kingpin arrested in Pretoria

By Zuko Komisa On Thursday, a suspect in a conspiracy accused of stealing fuel from Transnet and causing damage to its pipelines is set to appear in court. He was apprehended after two suspects were detained over the weekend in Vrede, Free State, for fuel theft and tampering with the Transnet national pipeline. Also Read: Patrick Mofokeng bags a role in ‘Generations: The Legacy’ Solly Khoza and Mauro Aurelia Langa […]

today20/10/2022

Brian Molefe and three other co-accused

NEWS

Brian Molefe and three other co-accused released on R50 000 bail each

By: Natasha Archary Brian Molefe and three other co-accused in the R93 million Transnet fraud case have been released on bail of R50 000 each. The former Transnet group chief executive, as well as Anoj Singh, the parastatal’s former finance chief, were amongst four new arrests made on Monday, 29 August. Their arrests came following arrangements made by their legal representatives. Brian Molefe's lawyer, Mpho Molefe, told the court his […]

today29/08/2022

R93 million

NEWS

Brian Molefe and Anoj Singh both arrested in Transnet R93 million fraud case

By: Natasha Archary Two Transnet Executives were among the four people arrested in the rail company's R93 million fraud case. Both, Brian Molefe, Transnet’s former group chief executive, and Anoj Singh, the parastatal’s former finance chief, were arrested following arrangements made by their lawyers. The men were arrested on Monday, 29 August and are set to appear at the Palm Ridge Specialised Crimes Court. This comes as Siyabonga Gama, former […]

today29/08/2022

Transnet train

NEWS

Transnet launches vaccine train

By Kaya 959 Reporter Transnet has launched a vaccination train to support the government's efforts in bolstering the current roll-out of the COVID-19 vaccine. "Modelled on the Phelophepa health trains, which have been providing primary health care services in under-serviced areas across South Africa over the past 27 years, the Transvaco aims to reach and vaccinate, communities in remote parts of the country and areas where health facilities are overburdened," […]

today26/08/2021

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POPIA ActTo promote the protection of personal information processed by public and private bodies; to introduce certain conditions so as to establish minimum requirements for the processing of personal information; to provide for the establishment of an Information Regulator to exercise certain powers and to perform certain duties and functions in terms of this Act and the Promotion of Access to Information Act, 2000; to provide for the issuing of codes of conduct; to provide for the rights of persons regarding unsolicited electronic communications and automated decision making; to regulate the flow of personal information across the borders of the Republic; and to provide for matters connected therewith.

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AND IN ORDER TO—

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