Analysis: On the wrong track – Transnet's rail freight reform
Transnet’s rail reform proposal is on the right track, but in its current form it ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Interesting article on CH Aviation about McKinsey, South African Airways, Transnet and an “ongoing graft investigation”. McKinsey has voluntarily pledged to return $43m it earned in contracts with the companies, but said a thorough investigation had shown that the consultancy had seen no suspicious payments. However, the firm did acknowledge that one of its former partners displayed “problematic behaviour”, which resulted in him being sacked. Of the 10 contracts, nine were with Transnet and one with SAA.
Meanwhile, added the article, the South African government has announced an interim board for embattled SAA “that is light on hands-on airline operational experience”.
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