Netcare slide prompts CEO to offload most of his shares 🔒
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CEO: Transnet paid millions to consultancies for services it could do internallyActing group chief executive Mohammed Mohamedy said that Gupta-linked companies Regiments and Trillian were contracted to secure loans for Transnet.
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DA lists three priorities for Sassa’s new CEOThe party says these include securing all Sassa pay points and ensuring that the biometrics enrolment system is completed.
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Former PIC CEO Matjila could face Hawks probeThe former CEO of the Public Investment Corporation Dan Matjila has been linked to several damning allegations relating to a deal with SA Home Loans.
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Gupta-linked firm scored R227m in loan swaps for Transnet, says acting CEORegiments Capital allegedly performed the task for the SOE, despite Transnet’s treasury team being more than capable of doing it
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Candid BT CEO to give workers shares — and reduce committeesPhilip Jansen hopes the share scheme will get staff behind his plans to overhaul the UK’s dominant phone company, and improve morale
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CEO Erik Venter announces sudden resignation from ComairLauded CEO to leave his role for personal reasons
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Transnet acting CEO tackles locomotive costs, interest rate swaps at Zondo CommissionMohammed Mahomedy testified that Transnet would continue to lose billions because of interest rate swaps on loans it made to secure contracts that were set to run until 2030.
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Transnet captured using sophisticated financial vehicles, CEO tells inquiryTransnet acting group chief executive Mohammed Mahomedy spent two days describing numerous instances where procedures were flouted in order to benefit a handful of companies which were paid hundreds of millions of rands.
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Sassa gets new CEOBusisiwe Memela-Khambula takes over from acting CEO Abraham Mahlangu.
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SAA CEO: Law is an obstacle to profitabilitySAA CEO Vuyani Jarana says legislation regulating parastatals is halting the competitiveness of the airline: “Equalise the playing field between the SOEs and the private sector so that we can compete on an equal footing, that’s all I am looking for”
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WATCH LIVE | Transnet acting CEO back in the hot seat at state capture inquiryTransnet acting group chief executive officer Mohammed Mahomedy is due to continue his testimony at the state capture inquiry on Thursday.
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