SAA and Transnet malaise expected in first part of state capture report

South Africa News News

SAA and Transnet malaise expected in first part of state capture report
South Africa Latest News,South Africa Headlines
  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 59%

South Africans will soon know some of the outcomes of the state capture inquiry when acting chief justice Raymond Zondo hands over the first part of the commission’s final report to President Cyril Ramaphosa on Tuesday afternoon. StateCaptureReport

Transnet faced a similar predicament, allegedly losing billions in corrupt agreements. The inquiry studied two major Transnet deals of concern. The contracts for locomotives, in partnership with railway companies China North Rail and China South Rail, also implicated private financiers and management consultancies.

Zondo, one of four judges contending for the vacant chief justice position, has faced criticism for missing deadlines, obtaining several extensions for the process, and failing to promptly file its concluding document. The inquiry’s voluminous records included the Gupta leaks, with critical data drawn from a business server and held on a hard drive. The material was provided to US authorities including the FBI. The brothers Ajay, Atul and Rajesh “Tony” Gupta, who grew close to Zuma and formed business partnerships with his son Duduzane Zuma, were sanctioned by the US treasury in late 2019.

The suspended secretary-general of the ANC, Ace Magashule, was implicated in alleged lawbreaking during testimony about two lucrative contracts in the Free State when he was its premier. Magashule and Mosebenzi Zwane, who advanced from agriculture MEC in the Free State to mineral resources minister under Zuma, were the target of repeated accusations of wrongdoing in the province.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TimesLIVE /  🏆 28. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa anxiously waits as Zondo set to hand in first state capture reportSouth Africa anxiously waits as Zondo set to hand in first state capture reportAfter several extensions, and hundreds of millions of rands, the report will be handed over in three parts.
Read more »

Revealed: 50 visa-free travel destinations for South AfricansRevealed: 50 visa-free travel destinations for South AfricansRevealed: 50 visa-free travel destinations for South Africans Planning a trip in 2022? Currently there are 50 visa-free countries that you can access with a South African passport in 2022.
Read more »

South Africans are spending big on Covid-19 vitamins – which aren’t recommendedSouth Africans are spending big on Covid-19 vitamins – which aren’t recommendedSouth Africans are spending their own money on supplements for Covid-19, our survey showed – and are not aware that supplements aren't recommended.
Read more »

Qantas returns to South Africa today – for the first time in almost 2 yearsQantas returns to South Africa today – for the first time in almost 2 yearsQantas has resumed its flights between Australia and South Africa after being grounded for almost 2 years.
Read more »

Higher minimum wage proposed for South AfricaHigher minimum wage proposed for South AfricaThe Department of Employment of Labour has called for comment on a new minimum wage for South Africa in 2022.
Read more »

Updated travel restrictions for South Africa at the start of 2022Updated travel restrictions for South Africa at the start of 2022Both Germany and the US have eased some travel restrictions on South Africa, as global concerns around the Omicron variant continue to subside.
Read more »



Render Time: 2025-04-21 01:09:12