Transnet Freight Rail (TFR) is hoping to entice trucking companies operating between Gauteng and Durban to consider coming in as private rail operators on a route where it admits it is facing major challenges.
The offending entities include the South African Post Office, Land Bank, Denel, state-owned airlines SAA and SA Express, and Armscor (the procurement agency for the department of defence). They have all missed a 20 September 2021 deadline to unveil their financial affairs in Parliament.
The Zondo Commission said that between 2014 and 2015, the two companies were awarded the R2.2 billion contracts by way of confinement rather than by open public tender.
The Zondo Inquiry established that racketeering, money laundering, fraud, kickbacks, corruption and many other financial crimes were the order of the day at the company that served as the engine of the country’s economy.