Tag: Transnet

We note that the government has dropped the planned additional R20 billion from individual taxpayers. We welcome that decision. However, this outcome stems from the commodities boom that has saved our necks. What will happen in 2027 if that commodities boon disappears? The question remains whether that boon will continue to flow into the deep, dark pit of government spending.

On 22 December 2025, the KwaZulu-Natal High Court delivered an important judgment in The National Ports Authority, a division of Transnet (SOC) Ltd vs The Owners and Underwriters of the MV Smart [Case No. A 11/2016]. The court directed that a substantial body of documents produced in confidential London arbitration proceedings be disclosed for related litigation in South Africa. This ruling confirms that the High Court compels disclosure even in cross-border arbitration contexts.

Recent months have seen significant movement in South Africa’s rail sector. Developments include early stages of rail privatisation and the domestication of the Luxembourg Rail Protocol (Luxembourg Protocol). South African rail shifts its gears toward privatisation as the government accelerates regulatory and commercial changes.

The formation of South Africa’s new Government of National Unity (GNU) bodes well for the consolidation of state reform and pro-growth initiatives, including better performing parastatals, such as Eskom and Transnet. Given that economic growth is essential to spur social development, I believe now is the time to act.

This vidcast takes an in-depth look at luxury stocks, luxury brands, and the investment case that exists for the market locally and globally. We highlight any preferred investment opportunities identified by our community and peers and share thoughts and opinions on those. Important developments and consumer awareness conversations are also covered.

The 2023 Medium Term Budget Policy Statement (MTBPS) was tabled to Parliament on 1 November 2023 by South African Finance Minister Enoch Godongwana.

The good news stemming from the Medium Term Budget Policy statement (MTBPS) is that in 2023/24, South Africa is expected to achieve its first primary budget surplus in 15 years and this will be achieved with no new revenue enhancing measures from 2023/24 onwards. 

Volume 1 of the second Zondo Report (Zondo 2), which deals with Transnet, graphically shows how important it is for a CEO to appointed who has the right qualities - and, consequently, the board’s respect. CEO appointments should be the prerogative of the board in terms of governance best practice.

The media reports are full of such stories; albeit cheating in sports, State capture, wide-scale corruption at governmental, provincial, municipal, parastatal, corporate and the...

Professor Leon van Vuuren | Executive: Business and Professional Ethics | The Ethics Institute | leon.vanvuuren@tei.org.za | www.tei.org.za | Recently, several prominent and previously reputable organisations...