13 June 2017 SADC / South Africa

Transnet Statement On Locomotive Acquisition Programme

Statement issued by Transnet Transnet has noted recent reports around the integrity of its procurement processes, particularly on its locomotive acquisition programme, which is the cornerstone of its infrastructure investment programme - the Market Demand Strategy. We are confident that our procurement processes have sufficient checks and balances to guarantee integrity. These include oversight at various governance levels. In addition, all contracts above a certain threshold are taken throug

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