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Hunt on for ‘tens of billions’ more, as ABB agrees to repay R1.56bn to settle corrupt Kusile contract

By: Terence Creamer     11th December 2020 Eskom and the Special Investigating Unit (SIU) announced on Friday that an agreement had been reached with ABB South Africa in terms of which the multinational technology group would repay R1.56-billion to the State-owned utility to settle an overpayment dispute relating to a corrupt Kusile... 

Transnet says McKinsey owes it R1.2bn 

By: Marleny Arnoldi     10th December 2020 State-owned freight utility Transnet has confirmed that no final settlement has been reached with US-based consultancy McKinsey, but says the consultancy owes it more than R1.2-billion. Transnet and McKinsey had discussions up until December 9, with the main point of dispute being the repayment... 

One injured, six treated for smoke inhalation after Engen refinery explosion

By: Marleny Arnoldi     4th December 2020 One person has been injured and taken to hospital, while six have been treated for smoke inhalation, following Friday morning's explosion at an oil refinery in Wentworth, Durban. Engen spokesperson Gavin Smith told Engineering News that the fire on site had been extinguished during the morning.  

Despite improvements, rail safety remains a concern – RSR

By: Donna Slater     27th November 2020 Despite improvements in some areas of national railway safety, statistics in the latest 'State of Railway Safety Report 2019/20', published on November 27, reveals “a grim picture of safety within the railway industry”, the Railway Safety Regulator (RSR) reports. Despite an overall 24% reduction... 

TFR says rail industry making progress in the fight against cable theft

By: Creamer Media Reporter      17th November 2020 Transnet Freight Rail (TFR) reports that more than 169 suspects were arrested between August and October for cable theft. It attributed this success to the joint efforts of TFR and other rail industry stakeholders, as well as law enforcement agencies and customers. 

OTGC abandons plan to develop Ngqura liquid bulk storage terminal on viability concerns

By: Creamer Media Reporter      17th November 2020 Joint venture company Oiltanking Grindrod Calulo (OTGC) has decided not to proceed with the development of a liquid bulk storage terminal in the Port of Ngqura. The Transnet National Ports Authority (TNPA) in 2011 awarded OTGC preferred bidder status to develop a liquid bulk storage terminal in... 

TFR engages with customers about security concerns, mitigating measures

By: Tasneem Bulbulia     13th November 2020 The Transnet Freight Rail (TFR) executive management, security and technology teams this week hosted a security workshop in collaboration with customers and Minerals Council South Africa to explore ways of stepping up the war against theft, vandalism and sabotage of railway infrastructure and... 

Mboweni agrees to SAA's R10.5bn bailout; no funds for SABC, Post Office and Denel 

By: News24Wire      28th October 2020 South African Airways will get the R10.5-billion it has requested from government to fund its business rescue process. The monies will be made available from reductions from national departments and their entities as well as reductions from local and provincial conditional grants, according to... 

Transnet Pipelines notes another theft incident

By: Tasneem Bulbulia     26th October 2020 Pipelines operator Transnet Pipelines (TPL) says it continues to experience theft of fuel from its petroleum pipelines, with the latest incident in the Ladysmith area on its 24-inch multiproduct pipeline transporting fuel from Durban to the Gauteng inland terminal. The incident resulted in diesel... 

Traxtion to invest billions in rail infrastructure development over next five years 

By: Simone Liedtke     26th October 2020 Rail services and solutions provider Traxtion Group intends to embark on a significant investment programme within South Africa’s rail sector, which will, at first, see an initial locomotive and wagon build programme of R1.5-billion upon conclusion of the appropriate access rights with... 

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