Podcasts about Transnet

Stephen Grootes speaks to Transport Minister Barbara Creecy about Transnet's plans to seek private sector investment in rail infrastructure refurbishment and expansion, amid efforts to boost economic growth and alleviate the state's infrastructure funding burden. In other interviews, Peter Leon, mining expert and partner at Herbert Smith Freehills, chats about the delays in the rollout of the Minerals Council's mining rights database and its potential impact on the industry. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702702 on TikTok: https://www.tiktok.com/@talkradio702702 on Instagram: https://www.instagram.com/talkradio702/702 on X: https://x.com/CapeTalk702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalkCapeTalk on TikTok: https://www.tiktok.com/@capetalkCapeTalk on Instagram: https://www.instagram.com/CapeTalk on X: https://x.com/Radio702CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Dr Iraj Abedian, CEO at Pan African Investments and Research services, about the arrest of former Transnet CEOs Brian Molefe and Siyabonga Gama, who are set to appear in court for a bail hearing related to corruption and fraud charges stemming from their time at the state-owned entity. In other interviews, Warren Tucker, Motor Enthusiast and vehicle reviewer, discusses the growing trend in South Africa where vehicles with minor damage are being declared total losses due to soaring repair costs, largely attributed to the challenges in sourcing spare parts amid the current geopolitical climate and volatile trade policies, particularly those implemented by the United States. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.

EWN’s Alpha Ramushwana spoke to Mike Wills about the arrests of Molefe and Gama, the explosive Transnet corruption case that has returned to court, and whether this marks a real step forward in implementing the Zondo Commission’s recommendations on State Capture. Afternoon Drive with John Maytham is the late afternoon show on CapeTalk. Presenter John Maytham is an actor and author-turned-talk radio veteran and seasoned journalist. His show serves a round-up of local and international news coupled with the latest in business, sport, traffic and weather. The host’s eclectic interests mean the program often surprises the audience with intriguing book reviews and inspiring interviews profiling artists. A daily highlight is Rapid Fire, just after 5:30pm. CapeTalk fans call in, to stump the presenter with their general knowledge questions. Another firm favourite is the humorous Thursday crossing with award-winning journalist Rebecca Davis, called “Plan B”. Thank you for listening to a podcast from Afternoon Drive with John Maytham Listen live on Primedia+ weekdays from 15:00 and 18:00 (SA Time) to Afternoon Drive with John Maytham broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/BSFy4Cn or find all the catch-up podcasts here https://buff.ly/n8nWt4x Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media: CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.

Koperkabeldiefstal veroorsaak elke jaar miljarde rande se skade en ongerief. Eskom en Transnet loop die ergste deur en die belastingbetaler moet boonop vir die skade opdok.AfriForum doen daarom 'n beroep op die instelling van swaarder strawwe vir kriminele wat hulself aan hierdie misdaad skuldig maak.

Wynand van Vuuren – vennoot, King Price Volg RSG Geldsake op Twitter

Stephen Grootes speaks to Khaya Sithole, independent analyst about Toyota South Africa’s R6.5 billion lawsuit against Transnet, the KZN government, and eThekwini Municipality, following claims of negligence that led to devastating flood damage at its Prospecton plant. In other interviews,Vincent Anthonyrajah, CEO and co-founder of Differential Capital, talk about how South African bank shares generate income, their growth prospects, dividend advantages, and the key risks investors should consider in today’s economic climate. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702702 on TikTok: https://www.tiktok.com/@talkradio702702 on Instagram: https://www.instagram.com/talkradio702/702 on X: https://x.com/CapeTalk702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalkCapeTalk on TikTok: https://www.tiktok.com/@capetalkCapeTalk on Instagram: https://www.instagram.com/CapeTalk on X: https://x.com/Radio702CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Khaya Sithole, independent analyst, about Toyota South Africa’s R6.5 billion lawsuit against Transnet, the KZN government, and eThekwini Municipality, following claims of negligence that led to devastating flood damage at its Prospecton plant. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Glen Robbins – Independent Development Economist SAfm Market Update - Podcasts and live stream

Nick Kunze from Sanlam Private Wealth talks markets: Nampak's results as the turnaround continues and Sasol gets R3.9 billion from Transnet. Philip Short of Flagship Asset Management on adjusting global portfolios during tariffs and higher yields. Morningstar Investment Management SA's Roné Swanepoel offers tips on staying steady in times of uncertainty.

Die AA kap die Tesourie oor sy besluit om die brandstofheffing te verhoog. Politieke partye kan nou groter skenkings ontvang. Nóg 'n reddingsboei vir Transnet.

Nicholas Lorimer and Chris Hattingh discuss reporting from City Press about how most of South Africa's troops in DRC have been left behind due to lack of budget, whilst the heavy equipment is removed. They also discuss Transnet's financial woes, and a violent service delivery protest in Gauteng. Website · Facebook · Instagram · Twitter

Afrimat CEO Andries van Heerden joins Alec Hogg to unpack the group's worst results in decades, driven by a perfect storm of collapsing iron ore prices and early Lafarge losses. He remains bullish on the cement acquisition, touts a new ultra-low carbon product, and outlines progress on Transnet's rail recovery and Afrimat's rare earth ambitions. Van Heerden shares cautious optimism on SA's infrastructure outlook under a new political era.

The United National Transport Union (Untu) says it is committed to finding lasting solutions to the current wage dispute with Transnet in order to avert an industrial action that could see over 26-thousand of its members down tools. The two parties are engaging at the Commission of Conciliation, Mediation and Arbitration (CCMA) in order to find a solution to the wage impasse. A strike action could disrupt port operations at a time when government is trying to turn around the cash-strapped state owned rail and ports operator. Untu however warns that negotiating in bad faith will not yield the desired results for everyone involved. Sakina Kamwendo spoke to Untu's general secretary, Cobus Van Vuuren...

Dr Bridgette Gasa-Toboti, portefeuljedirekteur vir nege projekte by Transnet se Nasionale Haweowerheid (TNPA) in KwaZulu-Natal, sê al vyf terminale sal teen 2027 aan die gang wees. Volg RSG Geldsake op Twitter

'n Staking dreig by Transnet. Sassa verleng goue kaarte se geldigheid tot 31 Mei en, 'n nuwe geitjie-spesie is in die Noord-Kaap ontdek.

EXPERT Topic: Transnet establishes rolling stock leasing company to enhance competitiveness of SA freight system – Guest: Yolisa Kani: Group chief business development officer, Transnet

Yolisa Kani, hoof van besigheidsontwikkeling by Transnet, gesels oor die stigting van Transnet se treinverhuringsmaatskappy. Volg RSG Geldsake op Twitter

Aubrey speaks to Zoe Ogbeifun, Head of Logistics and Distribution at Transnet. A natural born leader who is resilient and an advocate for people development. At the helm of Transnet Engineering's Logistics and Distribution my journey has been marked by a steadfast commitment to Supply Chain excellence and innovation. See omnystudio.com/listener for privacy information.

The United National Transport has lodged a dispute with the Bargaining Council, calling on Transnet to halt the implementation of a wage agreement signed with minority union SATAWU. The union warns that failure to comply may trigger protected industrial action by affected workers across various Transnet sites. Elvis Presslin spoke to UNTU General Secretary, Cobus van Vuuren

Absa appoints Kenny Fihla as CEO – A move expected to bring much-needed stability and leadership clarity.Thungela Resources' results – Despite a 27% drop in earnings due to weaker coal prices, the company remains resilient with strong dividends and improved export prospects.Transnet's rail performance – Notable improvements have strengthened South Africa's mining outlook.

SA se grootste steenkooluitvoerder, Thungela, het vandag sy winssyfers bekend gemaak. Die omset is 16% hoër, terwyl die wesensverdienste per aandeel laer is. Die finansiële hoof, Deon Smith, bespreek die resultate. Volg RSG Geldsake op Twitter

Exxaro het vandag finansiële resultate bekendgemaak. Die omset is 5% hoër. Riaan Koppeschaar, waarnemende uitvoerende hoof en finansiële direkteur, bespreek die resultate. Volg RSG Geldsake op Twitter

John Maytham speaks to Andrew Pike, a senior maritime lawyer. He’ll share insights on the impact of this move, how it fits into South Africa’s broader port reforms, and what challenges remain—especially amid legal battles over other Transnet concessions.See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Warwick Lord, Chairperson of the Multimodal Inland Port Association, about the implications of Transnet's new tender for a multi-purpose terminal at the Durban port. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

Nkumbuzi Ben-Mazwi – Acting Port Manager: Port of Durban, Transnet SAfm Market Update - Podcasts and live stream

This evening we look at the markets with PSG Wealth, speak to Transnet National Ports Authority about a new tender calling for a terminal operator, Outa give us its plan for where to find R500bn without increasing the Vat rate, we speak to Rainbow Chicken about its recent financials; Recharged.co.za give us a peak at new tech innovations launched at this year's MWC Barcelona, and we speak to Satrix about whether women are really investing more than before and why. SAfm Market Update - Podcasts and live stream

Lonwabo Maqubela from Perpetua Investment Managers discusses Anglo American's restructuring, production, and Kumba's results, highlighting ongoing challenges with iron ore prices and Transnet. Bobby Wessels from AJM Tax examines the postponed budget, the proposed Vat increase to 17%.

'Nou gaan die werklike probleem die netwerk wees; lokomotiewe is nie meer krities nie': Prof. Jan Havenga, emeritus professor in Bedryfsingenieurswese aan die Universiteit van Stellenbosch en logistieke raadgewer vir die regering en die Wêreldbank. Volg RSG Geldsake op Twitter

After narrowly averting an implosion of South Africa's Government of National Unity over the president's signing of the EWC Act, another major issue looms with the ANC's demand SOE Transnet gets an Eskom-type bailout. DA spokesman on finance Mark Burke explains why this is “inconceivable”. If so, a crisis looms for next month's National Budget, which needs the DA's support to be enacted. Burke spoke to BizNews editor Alec Hogg.

In this episode of the BizNews Briefing highlights from the DA's top team telling us why the 20% party won't be leaving the Government of National Unity - yet. Capitalist activist Rob Hersov explains why this is a smart move. Still, another flashpoint looms as the DA's spokesman on finance Mark Burke draws a line in the sand over the ANC's proposed Transnet bailout in next month's national Budget. Plus, explaining why DeepSeek presents such a threat to Wall Street's AI boom, notably Nvidia.

Jamie Holley, CEO of Traxion, Africa's largest private rail and rail services company, tell Peter Bruce in this edition of Podcasts from the Edge that the company is dead keen to participate in the long-promised concessioning of rail routes owned by Transnet to the private sector and now that Transport Minister has released an almost complete Network Statement the final preparations for the award of concessions are in place. But there's a problem. Transnet's track and systems are old and broken, in “a critical state of disrepair” according to the statement. And Transnet, which moved 226m tonnes of bulk and freight in 2017/18 managed only 152m tonnes in 2023/24. So while train operators are lining up to run on the Transnet corridors, the track and the systems on them need eye-watering investment. If the government get the money flowing it could make a huge difference to our fortunes and Holley believes it will. And it wasn't the truck that forced rail off the rails he reminds Bruce, “it was just maintenance"

TSMC's Record-Breaking Results Taiwan Semiconductor Manufacturing Company (TSMC) hit $26 billion in quarterly revenue. A strong contender in the AI supply chain with growing global operations. Gold: Continuing the Bull Run Gold remains a strong investment pick for Simon, with a potential to hit $3,000/oz. Gold | Weekly | 21 January 2025 Brent Crude Oil Concerns Rising oil prices could hurt both the global and South African economies. Trump Meme Coins & Meme Coin Mania Trump and Melania meme coins: Novelty or nonsense? Simon unpacks the hype. Grinrod & Mozambique Challenges Operational risks in Mozambique but potential opportunities with Transnet's private rail plans. Sasol: A Case of Caution Chemical spin-offs and high oil prices spark discussion, but Simon isn't convinced to buy. Cristal  Challenge Simon's picks for the Cristal  Crystal Challenge: Shoprite*, Purple Group*, ADvtTch*, Calgro M3*, and Richemont*. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order  

Die regering werk saam met die JSE om staatsbeheerde maatskappye op die beurs te noteer. Kokkie Kooyman, 'n fondsbestuurder by Denker Capital, sê dit sal afhang van hoe ernstig die regering is en die kwaliteit van die mense wat hulle aanstel. Volg RSG Geldsake op Twitter

Die Padvragvereniging sê hy is bekommerd oor vertragings by Transnet se Pier 2-vrageindpunt by die Durbanse hawe. Die hawe-operateur het Dinsdag aan klante gesê die tekort aan toerusting soos oorbruggingsdraers belemmer herwinningsoperasies en dienslewering by die eindpunt, weens oponthoude en gure weer. Die vereniging se uitvoerende hoof, Gavin Kelly, het aan die SABC gesê die finansiële en bedryfsgevolge van hierdie vertragings sal eers later die maand of vroeg in Februarie duideliker wees.

Ray White speaks with Prof. Jan Havenga, an Emeritus Professor at Stellenbosch University and logistics freight expert, about the approval of the Transnet Network Statement for South Africa's rail network by Minister of Transport Barbara Creecy.See omnystudio.com/listener for privacy information.

John Maytham is joined by Mesela Nhlapo, CEO of ARIA and a prominent voice in the rail industry, to discuss the potential demise of Transnet and examine what the future holds for South Africa’s railway sector.See omnystudio.com/listener for privacy information.

Die Padvragvereniging het die publikasie van die Transnet-netwerkverklaring oor die spoornetwerk in Suid-Afrika verwelkom. Die vereniging se uitvoerende hoof, Gavin Kelly, moedig alle ondernemings aan wat 'n derdeparty-operateur kan word, om die verklaring te bestudeer en om met die vervoerdepartement in gesprek te tree om spoorbedrywighede weer 'n lewensvatbare en doeltreffende diens te maak. Hy sê daar sal baie geleenthede vir padvervoer wees.

What went wrong when McKinsey paid bribes to secure consulting contracts with South Africa's state-owned enterprises? In this episode, Michael Volkov dives into the December 2024 DOJ settlement with McKinsey & Company, which paid $122 million after being found guilty of paying bribes to officials at Transnet and Eskom to secure valuable consulting contracts. The case involved significant violations of the Foreign Corrupt Practices Act (FCPA) and highlights the risks companies face when failing to implement effective compliance programs.You'll hear him discuss:The details of McKinsey's settlement with the DOJ for $122 million, including the 35% discount and the cooperation credits granted by the government.The role of Vikas Sagar, McKinsey's former senior partner, and his guilty plea in 2022 for orchestrating bribery payments.How McKinsey Africa used sensitive, non-public information obtained through bribes to secure multi-million dollar contracts with Transnet and Eskom.The ongoing issue of engaging third-party intermediaries and the importance of conducting thorough due diligence before entering into business relationships.The lessons learned from McKinsey's lack of proper oversight and controls that allowed a small group of corrupt executives to facilitate bribery schemes.The broader impact of local content requirements in international business and the associated risks of partnering with unqualified entities that have ties to corrupt government officials.ResourcesMichael Volkov on LinkedIn | TwitterThe Volkov Law Group

Die publikasie van die netwerkverklaring is verlede maand vrygestel. Prof. Jan Havenga, emeritus professor in bedryfsingeneurswese aan die Universiteit van Stellenbosch en logistieke raadgewer vir die regering en die Wêreldbank, verduidelik hoe die tariewe vir private operateurs bereken sal word, en gesels oor die vooruitsigte. Volg RSG Geldsake op Twitter

McKinsey va payer une amende de plus de 122 millions de dollars pour mettre fin à une enquête sur un système de corruption de fonctionnaires en Afrique du Sud. L'occasion de nous pencher sur la présence de ce type de structures sur le continent. Décryptage.  Avant d'entrer dans le vif du sujet, il convient d'expliquer ce qu'est un cabinet de conseil. Il s'agit d'entreprises qui mettent à disposition de leur client des consultants. Leur mission: faire un état des lieux d'une situation donnée. Une fois que c'est fait, ils délivrent leurs avis ou leurs recommandations. Ces clients, ça peut être n'importe qui, de grands groupes internationaux aux Etats en passant par des institutions. Le recours à ces structures a un coût et il évolue évidemment en fonction des moyens qu'on y met mais comptez plusieurs milliers d'euros par jour, cela pour un consultant ! Différents États clients Les États et gouvernements sont très friands de ce genre de structures. Elles leur permettent de mettre au point leur stratégie de développement. Des dizaines de structures de ce type conseillent les différents gouvernements, McKinsey, PWC, KPMG, Boston Consulting Group par exemple, qui sont des groupes internationaux, mais il y a aussi des cabinets locaux qui opèrent sur le continent africain. D'ailleurs, au niveau mondial, le secteur connait une croissance annuelle d'au moins 10 %. À écouter aussiLes cabinets de conseil gouvernent-ils la France?Ces entreprises sont très sollicitées. Illustration au Sénégal, avec le plan Sénégal émergent, dont le premier jet a été élaboré par le cabinet de conseil américain McKinsey qui dressait les axes de développement du pays. Il y a aussi l'Afrique du Sud. Entre 2012 et 2016, ce même cabinet McKinsey a obtenu des millions de dollars pour conseiller le développement de deux entreprises publiques: Eskom pour l'électricité et Transnet pour les transports ! De nombreuses dérives D'après la justice américaine, qui a travaillé en lien avec les autorités sud-africaines, McKinsey a soudoyé, via des intermédiaires, des responsables de ces deux entreprises, en échange d'informations confidentielles sur les procédures d'attribution de lucratifs contrats de conseil qui lui ont rapporté près de 85 millions de dollars. Sauf que ces deux entreprises ont pratiquement fait faillite en raison justement d'une corruption généralisée, dont la mise au jour est devenue un scandale d'État. Alors évidemment il ne s'agit pas de généraliser. Les cabinets de conseils et leurs consultants, s'ils sont souvent discrets voire invisibles, ne sont pas tous des acteurs de la corruption. Et après cet accord entre la Justice américaine et McKinsey de 122 millions de dollars pour mettre fin aux poursuites judiciaires aux États-Unis et en Afrique du Sud, le cabinet a affirmé qu'il était aujourd'hui un groupe différent du moment où les faits se sont produits. Une amende pour solde de tout compte qui passe mal en Afrique du Sud où certains auraient voulu voir les coupables traduits devant une cour criminelle. Et face au tollé déclenché par cette affaire, le gouvernement sud-africain a d'ailleurs décidé de ne pas collaborer avec McKinsey pour la préparation du sommet du G20 qui se tiendra l'année prochaine à Johannesburg ! À lire aussiClimat: en Australie, McKinsey suspecté de conflit d'intérêts dans ses activités de conseil au gouvernement

  Clement Manyathela speaks to Andile Sangqu, the Transnet Board Chairperson about the progress made in the struggling logistics group's recovery plan.See omnystudio.com/listener for privacy information.

TransNamib beoog om die land se betroubare grootmaat logistieke verskaffer te word. Een van die stappe is om weer die spoorverbinding na Upington in die Noord-Kaap te begin gebruik. TransNamib se spoorstelsel is gekoppel aan die van Transnet in Suid-Afrika, maar dié lyn is vir meer as 'n dekade nie vir grootmaat vragvervoer gebruik nie. Die maatskappy beoog om 4 miljoen ton vrag per jaar te begin vervoer sodra hulle nuwe lokomotiewe en waens het. TransNamib het onlangs hul planne met die media gedeel. Kendall Swartz, TransNamib se uitvoerende hoof van kommersieël en bemarking, deel meer.

Ophelia Shabane, waarnemende hawebestuurder van TNPA in Kaapstad gesels oor plesierbote by Transnet se hawens. Volg RSG Geldsake op Twitter

Die minister van Vervoer Barbara Creecy sê daar word gewerk aan die verbetering van Suid-Afrika se hawe-doeltreffendheid en om Transnet se inkomste te verhoog. Sy het op 'n nuuskonferensie van die ANC se nasionale uitvoerende komitee gesê 'n oorlogskamer vergader daagliks om operasionele uitdagings te hanteer. Creecy beklemtoon die belangrikheid om Transnet se kapasiteit uit te brei. Daarby noem sy vordering met die verbetering van spoorvolumes en hawe-prestasie om te voldoen aan die toenemende vraag:

Die ouditeur-generaal se kantoor sê 36 staatsdepartemente se verkwistende en onregmatige uitgawes het die afgelope vyf jaar 1,48-miljard Suid-Afrikaanse rand beloop. Instellings in staatsbesit se bedrag is meer as 2 miljard rand. Die departemente wat die meeste tot verkwistende en onregmatige uitgawes bygedra het, is Bosbou, Visserye en die Omgewing, Basiese Onderwys, Polisie, Toerisme en die Tesourie. Die OG se oudit-hoof, Bongi Ngoma, het aan die Parlement se staande komitee oor Bewilligings gesê instellings in staatsbesit wat die meeste tot hierdie uitgawes bygedra het, is die SAL, Transnet en die Poskantoor:

Makone Maja and Nicholas Lorimer discuss the collapse of the ANC's organizational structures in KZN. They also talk about education minister Siviwe Gwarube promising pit toilets will be eradicated by April next year. They also discuss a BRICS bank loan to Transnet. Website · Facebook · Instagram · Twitter

Transnet se uitvoerende hoof, Michelle Phillips, sê planne werp stadigaan vrugte af om die beleërde staatsspoorweg- en hawensmaatskappy om te keer. Dit is ondanks ʼn groter verlies van altesaam 7,3-miljard Suid-Afrikaanse rand vir die boekjaar wat in Maart geëindig het, in vergelyking met 5 miljard rand die vorige jaar. Die verlies word hoofsaaklik toegeskryf aan derdeparty-regseise van altesaam 4,8 miljard rand. Phillips bly ondanks hierdie terugslae optimisties en wys op pogings om die onderneming uit die rooi te kry.

Ray White speaks to Mesela Nhlapo, CEO of the African Rail Industry Association, about the transformative impact of BRICS Bank's R5 billion loan on Transnet's rail infrastructure development.    In other interviews on this episode of The Money Show, Candice Wilson, Partner at EY, discusses the potential cyber risks and vulnerabilities associated with South Africa's incoming two-pot retirement savings system.See omnystudio.com/listener for privacy information.

 Stephen Grootes speaks to Charles Russon, CEO of Absa Corporate and Investment Banking, sharing his journey to success, valuable insights on leadership, milestones, and strategic approaches that fueled his achievement.  In other interviews on this episode of The Money Show, Dr. Nimrod Mbele, CEO of Knowledge Anchor Group, weighs in on Transnet's postponed privatisation of strategic assets, including Ngqura Container Terminal and Johannesburg-Durban Corridor.See omnystudio.com/listener for privacy information.

Presidential Vision for Infrastructure Development: The South African President's recent speech emphasised making the country a hub of construction and infrastructure development. The potential for public-private partnerships and the types of infrastructure that might be developed, including roads, energy transmission, and public buildings. Stocks That Could Benefit: Construction Stocks: A detailed look at various construction-related companies and their potential to benefit from the President's infrastructure plans. PPC: Potential benefits from increased construction activity. Murray & Roberts: Despite historical losses, they have a division in infrastructure and renewable power that might benefit. Stefanutti Stocks: Focus on their claim against Eskom, which is crucial for their future. Wilson Bayly Holmes (WBHO): Expected growth, though a significant portion of their revenue comes from Australia. Raubex: Strong performance and solid management, with significant involvement in road construction through Sanral. Afrimat: Supplier of construction materials, benefiting from Sanral and Transnet orders. Reunert: Involvement in industrial cabling and commercial battery storage, critical for new power facilities. Market Insights: Mr Price* Update: Gaining market share and performing well post-elections and during a late-arriving winter. Sasol Production Update: Management's effective handling of controllable factors and slight improvements in Transnet's performance. Kumba Iron Ore: Confirmation of slight improvements in Transnet, echoing Sasol's observations. JSE Listed Construction Stocks | 1 year return | close 23 July 2024 International Market Movements: CrowdStrike* Incident: A significant security update issue affected numerous systems, impacting the stock but not signalling an end for the company. US Small Cap Stocks: Rotation into small caps like those in the Russell 2000 index, offering a cheaper alternative to large-cap tech stocks. Simon Brown wraps up the episode by emphasizing the importance of infrastructure development for South Africa's economy and reiterates his top stock picks to benefit from potential future construction projects: Raubex, Afrimat, and Reunert. He also touches on the potential 3% GDP growth for 2025 and the broader market implications. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order