Zuko Komisa
- Nine employees have been suspended as disciplinary proceedings and criminal referrals begin.
- Internal investigations uncovered supplier overcharging of up to 1000% across two operational divisions.
- Transnet is blacklisting corrupt suppliers and strengthening governance to prevent further financial losses.
Transnet has suspended nine employees following an internal investigation that exposed systemic collusion and corruption.
A series of 34 audits covering the 2024/25 financial year revealed that certain suppliers were overcharging the state-owned utility by staggering margins, ranging from 50% to 1000% on various items.
Disciplinary action is already underway for three officials, with further charges expected shortly. In addition to internal sanctions,
Transnet has moved to blacklist the implicated vendors and has engaged law enforcement agencies to pursue criminal accountability.
Group Chief Executive Michelle Phillips reaffirmed a zero-tolerance policy, noting that such misconduct directly cripples the organisation’s operational efficiency and financial health.
To prevent future recurrences, the utility is currently overhaulng its internal controls and implementing systemic improvements.
These measures aim to safeguard Transnet’s integrity while ensuring that the pursuit of strategic national objectives is not derailed by the fraudulent actions of a few.
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