former transnet treasurer to take the stand at state capture inquiry - Former Transnet treasurer to take the stand at State Capture inquiry
Business News

Former Transnet treasurer to take the stand at State Capture inquiry

Deputy-Chief-Justice-Raymond-Zondo

Former group treasurer of Transnet, Mathane Makgato is expected to take the stand on Thursday at the Comission of Inquiry into allegations of State Capture’s hearings in Parktown, Johannesburg.

The post Former Transnet treasurer to take the stand at State Capture inquiry appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

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gupta linked company unduly benefited from transactions with transnet - Gupta linked company unduly benefited from transactions with Transnet
Business News

Gupta linked company unduly benefited from transactions with Transnet

The Zondo Commission of Inquiry has heard of how Gupta-linked consulting firm Regiment Capital unduly benefited from multiple transactions with Transnet.

The post Gupta linked company unduly benefited from transactions with Transnet appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

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interest rate swap not in line with transnets risk policy bloom - Interest rate swap not in line with Transnet’s risk policy: Bloom
Business News

Interest rate swap not in line with Transnet’s risk policy: Bloom

Dr. Jonathan Bloom

Multipurpose Business Solution’s Jonathan Bloom says the decision taken by Transnet officials to do an interest rate swap three days after securing an R12-billion loan from a consortium of banks was not in line with the company’s risk management policy. 

The post Interest rate swap not in line with Transnet’s risk policy: Bloom appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

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no decision to expand sarb mandate godongwana - No decision to expand SARB mandate: Godongwana
Business News

No decision to expand SARB mandate: Godongwana

The African National Congress (ANC)’s economic transformation head, Enoch Godongwana, says the ruling party has not taken a decision to expand the mandate of the South African Reserve Bank.

The post No decision to expand SARB mandate: Godongwana appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

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