transnet news 2020

— State Capture Commission (@StateCaptureCom) October 22, 2020. He has put the blame solely at the door of Singh, telling Judge Ray Zondo that he had to follow orders or risk insubordination. Learn more about what we are doing in your community, and about the vital services we provide. He also denied that he had given sole approval and signed off on the payment. Read More... COVID-19 Alert Level 2 Update . It rakes in revenues of $10bn and operates in 66 countries. See actions taken by the … It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement. Mr Gregg-Macdonald will revert to his role as the Group Treasurer. Laher is also accused of sending correspondence consisting of memorandums to the divisions which were handling the deal. Meanwhile Laher, who has concluded his testimony, denies that he was responsible for having the escalated costs approved. Page Transparency See More. Not Now. According to evidence heard at the Zondo Commission, Mkwanazi was pivotal in ensuring that Gama received back pay and 75% of legal costs in a court order he instituted against Transnet. However, there are still many programs available under this name, most are going to be seen as ?Transnet Freight Rail?, within the future. 2020 news in hindi on Khabar.NDTV.com Find hindi news articles about 2020. He had been fired the previous year when a disciplinary investigation found him guilty on three accounts of misconduct. Subscribe to our Newsletter to get daily updates on local affairs, with a global context. NEWS & MEDIA. In response, Mkwanazi said Gama had presented “documents and submissions” to prove he was not entitled to pay back the money. If I continued, it would have been insubordination. The former board chairperson of Transnet, Mkwanazi boasts a stellar career, having served on the boards of private and public companies including Nedbank, Eskom and Stefanutti Stocks. The ANC NEC member also said white executives had gotten away with far worse and Gama should be given a reprieve. 2 comments. Product/Service. Page created - … Log In. We would like to show you a description here but the site won’t allow us. Community See All. Fingers are being pointed with little accountability at the Zondo Commission which is currently underway in Braamfontein, Johannesburg. https://t.co/HVPymoeUL0#StateCaptureInquiry, — State Capture Commission (@StateCaptureCom) October 22, 2020. Do you agree that’s the effect of your decision and your board?”, Nailed for Eskom, Transnet deals: Zupta pal Anoj Singh ejected from accounting clan, Eskom whistleblower details trauma of an outcast, Meet Popo Molefe: Transnet’s corruption-busting chair who wants Guptas back in SA. According to the report by National Treasury, Gigaba acted as a witness between Transnet and CSR. 5,399 people like this. Community See All. Transnet is a leading world-class employer, boasting a highly motivated workforce in excess of 55000 employees. Forgot account? Kannada News; Budget 2020; Budget 2020 News. P.O. The two were golf buddies and seemingly concluded the deal casually and without following Transnet’s procurement processes. About See All. Transnet Freigt Rail Learnerships 2020 -2021 Spoornet because it was formerly known, has changed its name. NEWS & MEDIA. Zondo also questioned the reasons behind Mkwanazi overturning a legal judgement that decreed Gama should pay Transnet R426 000 for the state enterprise’s legal fees. Community See All. On its South African website, the company has cited its work for the public sector, namely Transnet and Eskom. Friday 16 October 2020 - 10:00am The Zondo Commission will hear Transnet-related testimony from Transnet Former Board Chairperson Mr, Mafika Mkwanazi Editor's note: This … As the proceedings of Zondo Commission into State Capture continues, the taxpayer is reminded of how untrustworthy and greedy parastatal professionals went to town with public funds. Facebook is showing information to help you better understand the purpose of a Page. Everything from investing like Warren Buffett to the Audiobiography of Cyril Ramaphosa. January 2021. Deputy Chief Justice Ray Zondo couldn’t contain how appalled he was that former Transnet chairman Mafika Mkwanazi struggled to explain why he approved several payments to ex-Transnet CEO Siyabonga Gama. Below is the live stream: This entry was posted on 09 Mar 2021,09:35AM at 9:35 AM and is filed under Business. With restrictions easing for Level 2, find out what we are doing to keep our team and our … Product/Service . Mkwanazi agreed that his board is liable for the R17m and should pay it back. Create New Account. Gigaba allegedly said he was concerned that Transnet was not diverse in its procurement processes. Transnet’s Phelophepa Healthcare trains will commence a maintenance programme after servicing over 150 000 patients across the country in the past few months. Cargo & Freight Company. admin November 13, 2020 0 Comments. Karima Brown is in conversation with Transnet CEO, Portia Derby. 2020 hindi news, photos, video & more न्यूज़, ताज़ा ख़बर on NDTV India. Laher said he didn’t challenge his bosses on the phenomenal increase even though he didn’t agree with the rise in costs. A t Transnet, excellence is our standard. CONTACT US. 2020 TransNet … The Special Investigating Unit says there is a strong case for assets belonging to former Transnet Capital Projects executive Herbert Msagala to be forfeited to the state. Image: SABC News . See actions taken by the people who manage and post content. 20 August 2020 - 05:00 Giulietta Talevi It’s been seven months since Portia Derby was named CEO of one of SA’s biggest companies — the R74bn-turnover transport group Transnet. Transnet Vacancies. Permanently Closed. Subscribe to our Newsletter to get daily updates on local affairs, with a global context. Please find below our latest newsletter where we share our most recent updates and achievements, including how the Covid-19 pandemic changed PhD life for our students, funding and fellowship success, media highlights, selected publications and more! Molefe has also been implicated by Laher as signing off on the price of R44m per locomotive. At the moment Transnet does not provide electronic tendering but we have a … 16.10.2020. EMPLOYMENT. ಮುಖ್ಯಮಂತ್ರಿ ಬಿ.ಎಸ್. Consult national newspapers like the Sunday Times, City Press, The New Age, etc . Karnataka budget Mar 5, 2020, 07:08 AM IST . Page Transparency See More. See more of Transnet on Facebook. Waterfall Business Estate 9 Country Estate Drive Midrand 1662 Tel : +27 11 308 3000 Postal Address. See more of Transnet South Africa on Facebook. Germiston, 0793754032. Upon hearing that Mkwanazi did not understand the magnitude of his decision in approving back pay and benefits amounting to R13m and a further R4m for legal costs to Gama, Zondo said the commission could recommend the board must pay back that amount. More. Transnet pensioners settlement offers little, late justice Provisional agreement offers retirees higher annual increases and R30,000 lump sums after seven-year battle. February 2021. © 2021 BizNews, Inc. | The Rational PerspectiveTerms & ConditionsComments Policy. “asked Zondo. Create New Account. Written by TransNet NZ Limited on July 10th, 2020. The world is changing fast and to keep up you need local knowledge with global context. Disinfecting High Touch Areas. 14 Jul 2020 Ready, AIM, work 13 Jul 2020 On track: Maintaining high standards for quality healthcare 13 Jul 2020 Investing in the future of our country’s children 13 Jul 2020 Archives. Get in Touch. 5,812 people follow this. LOCALS SUPPORTING LOCALS TransNet is a 100% New Zealand owned and operated business, supporting other local businesses where we can. Molefe’s actions are part of an investigation by the Hawks and a damning report by the National Treasury. COVID-19 Plan and Safety Guide. About See All. Persons in News – Knowing popular personalities in the news is very much important in preparing for any competitive exams. Facebook is showing information to help you better understand the purpose of a Page. Permanently Closed. “Singh said they were affordable and that Transnet had the funding to afford those advance payments, and the advance payments were agreed to as part of the package deal by the steering commitment,” he added. Onion price Feb 3, 2020, 09:41 PM IST . Callard testified at the commission last year and said he had advised Transnet it was not necessary to procure so many locomotives as the SOE had capacity for 300. 16.10.2020. EMPLOYMENT. Box 72501 Parkview South Africa 2122 Email: … This company makes up an excellent a part of the ?South African Railway & Harbours? Transnet SOC LTD Corporate Centre. Forgot account? Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg. TRANSNET INVESTIGATES METHODS TO PREVENT DAMAGE CAUSED BY SEVERE WEATHER PATTERNS: 2021-02-17T22:00:00Z: Tweets by @follow_transnet. Written by TransNet NZ Limited on May 18th, 2020. Find, Search Jobs & Vacancies at Transnet. The dubious transaction happened in 2011 after Gama was reinstated. He says CSR requested R49 million and refused to come down, he says he never agreed to accept CSR's price offers, and never had the delegation to agree to any pricing#StateCaptureInquiry, “I would not have approved the price, I didn’t have delegation. Transnet sees 1.3% revenue rise, says committed to helping economy grow The logistics firm has posted a 1.3% increase in revenue for the 2020 financial year from R74 billion to R75.1 billion. The State Capture Commission of Inquiry will again hear Transnet-related evidence from the former Group Chief Executive Officer (CEO) Brian Molefe. DISABILITY SERVICES. While other companies bought and applied for the tender, CSR was given preferential treatment. It rakes in revenues of $10bn and operates in 66 countries. or. ಈರುಳ್ಳಿ, ಆಲುಗಡ್ಡೆ ಬೆಲೆ ಏರಿಕೆ ನ� Transnet will assess whether your business complies with certain preset standards, which are required in order to supply certain items or services. Transnet’s former manager of group legal services, advocate Siyabulela Mapoma told Zondo that Mkwanazi confided in him that he was instructed to bring Gama back on board. Source: Creamer Media’s Engineering News (13 February 2020) Transnet Port Terminals (TPT) has already invested R2-billion to replace ageing equipment during the 2020 calendar year in response to industry calls for equipment that will improve performance across its … He blurred the lines of his authority as government shareholder by advising Transnet to purchase 1064 more locomotivesfrom the China North Rail company. On the contract awarded to Nyanda, Gama said he had simply signed off on the deal without reading the fine print. – Bernice Maune. The two Phelophepa Healthcare trains (I and II) are heading back to Salt River, Cape Town at one of Transnet … Log In. 0 comments. Malusi Gigaba. In 2019, the Commission heard from others witnesses how Regiment Capital benefitted unduly from the deal. According to Francis Callard, who was the electrical engineer on the project, Yousuf Laher, a senior manager prepared the costing and justified why the price per locomotive had increased from R41m to R44m post the agreement. India reports 18,711 new cases and 100 deaths. Mr Singh was very senior, I was two levels below him and I had to respect his views. Log In. Create New Account. 5 out of 5 stars. He said he was told by Singh to update the teams working on the costing models and also took orders from the steering committee which included former Transnet CEO Siyabonga Gama. BL PREMIUM . “You and your body in effect said, we want a CEO of a large division of Transnet who signs documents without reading them and thus places Transnet in a serious financial risk as the CEO we want him to be reinstated. General workers jobs at transnet. Transnet Jobs Vacancy for Technical Manager – Latest Jobs Recruitment in South Africa 2020. Posted By: Foundation. You can follow any responses to this entry through the RSS 2.0 feed. Why did you do that? Personal Blog. Home News. Persons in News 2020 Current Affairs. News. The former CEO of Transnet communicated with CSR ahead of them bidding and being awarded the contract. Forgot account? Transnet. It was approved by the steering committee. 5. Zondo: ‘Do you agree that former Transnet board must pay back R17m in taxpayers’ funds?’ 20th October 2020 by Bernice Maune Testifying at the Zondo Commission has been Mafika Mkwanazi, a seasoned engineer who holds two degrees, one in Applied Mathematics and Science Electrical Engineering. The money is said to have been in exchange for contracts the powerful family wanted to receive from Transnet. India 2020 Blogs, Comments and Archive News on Economictimes.com India 2020 Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Executive Finance Manager at Transnet Freight Rail Yousuf Laher has denied that he was responsible for approving a 30 to 60% advance payment for the 100 locomotive tender, even before a single locomotive had been delivered. industry. According to the report by National Treasury, Gigaba acted as a witness between Transnet and CSR. 1/7. Physical Address. Despite the challenging circumstances, we are really proud of what the TRANSNET Programme has been able to achieve in 2020. See more of Transnet on Facebook. Gama was implicated by his former driver who testified at the Zondo commission in August. 22nd October 2020 by Bernice Maune Globally, McKinsey and Co has a glowing profile and is considered the top three of consulting firms in the US. Subscribe to TransNet Express. The commission has also heard evidence from Mkwanazi about how former minister of public enterprises, Malusi Gigaba had a conversation with him about giving tenders to black suppliers. ಕರ್ನಾಟಕ ಬಜೆಟ್; ಏನಿದೆ ಬಿಎಸ್‌ವೈ ಲೆಕ್ಕಾಚಾರ? Later, Gigaba would task Mkwanazi with reviewing Gama’s dismissal on the grounds that it was too harsh. Attached hereto find the filing notice of all objections received. Watch the full testimony of Yousuf Laher below: Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg. Not Now. Governor Wolf's Press Releases in Response to COVID-19 Updated daily through Governor Wolf's website. The world is changing fast and to keep up you need local knowledge with global context. Library. “Why did you interfere with a court order made by a judge in a separate litigation in which Gama had lost and say you don’t have to pay those costs? Gama left Transet in 2009 in a cloud. The order apparently came from the presidency and it is understood that former president Jacob Zuma was behind the it. The department made the announcement late on Friday 31 January 2020. Our Transnet vacancies. NEWSLETTERS. or. 4,754 people like this. News. See … Transnet purchased a further 1064 locomotives, also at an increased cost from R38bn to R54bn. EFF: Transnet CEO Portia Derby should be in jail for coal tender The Economic Freedom Fighters (EFF) wants to see the new Transnet boss handcuffed and put on trial for a tender that went south. Laher it seems, readily escalated costs on 100 locomotives purchased from China South Rail (CSR) in 2014. Home News. However, a former Transnet executive told Zondo last week that it was Mkwanazi who insisted the payment be made. “Mr Singh told me to contact Mr Callard and request that he update the net value number,” said Laher. Former public enterprises minister Malusi Gigaba signed off on the deal while ex-Transnet chief financial officer Anoj Singh gave justifications to the Transnet board on why it should be approved at an additional rate –  Bernice Maune. Page Contents1 Transnet Jobs Vacancy 2020 – Application Instruction.2 Job Description3 What to do Next; Transnet Jobs Vacancy 2020 – Application Instruction. “Would you say there would be anything unfair if, in the end, the commission were to recommend to the president that steps should be taken to recover from members of the board who supported this settlement this money that, you and I agree, should not have been paid to Mr Gama?” Zondo asked. The department made the announcement late on Friday 31 January 2020. Callard also claims Laher worked closely with then CFO Anoj Singh to pull the hood over the board’s eyes in finalising the locomotive deal and ensuring Transnet coughed up R1bn more. Welcome to the Transnet media centre I am Nompumelelo Kunene, the media liaision contact for Transnet.We’d like to assist you with all your media-related queries in a speedy and responsive manner, so please feel free to contact our media centre for all your queries. or. Cargo & Freight Company . So, I cannot be responsible for something I cannot approve.”. Transnet executive denies approving advance payment for locomotive tender 21 October 2020, 5:20 PM. Organic growth of the current freight transport and handling divisions will account for the bulk of this growth and Transnet will continue to focus on improving operational efficiency and reliability in order to grow its market share. Globally, McKinsey and Co has a glowing profile and is considered the top three of consulting firms in the US. COVID-19 Vaccine Information. Upon his return to Transnet, he was appointed interim group CEO and made permanent in April 2016. Gama had lost a case in which he tried to appeal his axing and was told to settle Transnet’s legal bills. I don’t know if you know, but he was awarded CFO of the Year in South Africa.”. © 2021 BizNews, Inc. | The Rational PerspectiveTerms & ConditionsComments Policy. A 37-year-old man caught allegedly siphoning diesel from a Transnet fuel pipeline is set to appear in court in Mpumalanga on Monday. During the state capture enquiry, a visibly angry Zondo admonished Mkwanazi for the folly, adding the commission would likely consult with President Cyril Ramaphosa to recoup the R17m that Gama was essentially paid for nothing. Posted By: Foundation. MEDICAL ASSISTANCE. Not Now. Former Eskom CEO, Brian Molefe, insists Gupta-linked consulting Firm, Regiment Capital, saved Transnet R2.8 billion for a deal that costed R78 million. If you had timeously filed your Notice of Objection on 31 March, 2020 and your affidavit on 7 April 2020 at court or elsewhere and your name does not reflect on the filing notice, kindly and urgently forward such documents to [email protected]. Phelophepa Healthcare Trains undergo a refurbishment programme. 2,581 people like this . Laher says during the negotiations, the Chairperson pitched a price at R38.5million. Everything from investing like Warren Buffett to the Audiobiography of Cyril Ramaphosa.

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