Kaya 959 Kaya Biz

What we know about the case against former Transnet executives Singh and Molefe.

Loading player...
Two of the most senior officials involved in state capture during former president Jacob Zuma's tenure have been arrested, marking a significant milestone in the ongoing effort by the National Prosecuting Authority's (NPA) Investigating Directorate (ID) to fulfil its mandate.
Former Transnet and Eskom chief financial officer Anoj Singh and former chief executive officer Brian Molefe appeared in the Palm Ridge Magistrate's Court in Johannesburg on Monday morning.

They were expected to be added to the case against another former Transnet CEO Siyabonga Gama. Gama was arrested along with former
Transnet group treasurer Phetolo Ramosebudi, former acting CFO Garry Pita, as well as Eric Wood, a shareholder and former director of Regiments. Daniel Roy, from a company called Novum Asset Management, was also arrested.
29 Aug 2022 3AM English South Africa Business News · Investing

Other recent episodes

SA’s Car Market in Digital: Prices, Choices & Value

Cars.co.za’s Alan Quinn unpacks the digital trends shaping South Africa’s car market — from value migration and tax‑driven pricing distortions to the rise of Chinese and Indian brands. We explore what consumers really need to know when navigating one of the most complex buying environments in years.
23 Jun 4PM 12 min

Millennials & Gen Z Rewrite SA’s Vehicle Market

Absa’s Fulufhelo Mandane reveals new data showing a surge in new‑car purchases among young South Africans, despite affordability pressures. We explore shifting preferences, longer repayment terms, and the rise of value‑driven models reshaping the future of SA’s vehicle market.
23 Jun 4PM 17 min

SA Car Buyers Pull Back as Confidence Crashes

Wesbank Economist Thanda Sithole unpacks the sharp fall in consumer confidence, the impact of soaring fuel prices, and how these pressures are reshaping South Africa’s vehicle‑buying behaviour. From delayed purchases to stretched finance terms, we explore what lies ahead for the auto sector in 2026.
23 Jun 4PM 18 min

Building South Africa’s Auto Technician of the Future

Ford’s Kevin Heunis discusses the growing shortage of critical technical skills, the need for vocational pathways, and how programmes like Ford’s Autotechnician Apprentice Scholarship are preparing young people for a tech‑driven automotive future. A Youth Month conversation on skills, opportunity and industry readiness.
23 Jun 4PM 12 min

Funding the SMME Hustle: Traditional Meets Alternative Finance

Old Mutual’s Ndumiso Zulu and Lula’s Clinton Thomas unpack the real funding landscape for South African SMEs — from cash‑flow pressure to investment readiness, construction‑sector bottlenecks, and why only 6% of SMEs access formal finance. They explore how blended support, alternative lending models, and faster payment cycles can unlock the…
22 Jun 4PM 26 min
All episodes