Transnet
Transnet SOC Ltd is a large South African rail, port and pipeline company, headquartered in the Carlton Centre in Johannesburg.Since its setting up, Transnet port terminals has played a part in supporting the South African government's export-led growth strategy.Later, when commercial aviation started, the South African Airways also became a part of this huge land, sea and air transport system.On 17 March 2014, Transnet's CEO, Brian Molefe, announced contracts of R50 billion with four international manufacturing companies to build 1,064 locomotives (465 diesel and 599 electric).[12] In June 2020 it was reported in the Daily Maverick that three senior executives (Nonkululeko Sishi, Lenny Moodley and Shulami Qalinge) implicated in facilitating state capture had been dismissed.[13] On 27 May 2022, Gama, along with four other executives, was arrested by the National Prosecuting Authority on charges of corruption, fraud and money laundering, and granted bail ahead of another court hearing in July 2022.[14][15] In September 2024 President Cyril Ramaphosa the SIU to investigate allegations of maladministration related to Siyabonga Gama's reinstatement as CEO of Transnet Freight Rail in February 2011.[16][17] On 22 July 2021, Transnet experienced "an act of cyberattack, security intrusion and sabotage," that caused it to declare force majeure at several key container terminals, including its Durban, Ngqura, Port Elizabeth and Cape Town harbors.