State capture ‘hurt’ local rail firm

Cast Products SA insider says locomotive specifications were tailored for Gupta-linked company

04 September 2022 - 00:00

An engineering company part-owned by the Industrial Development Corp (IDC) was elbowed out of a share of Transnet’s R54bn tender to build 1,064 locomotives after the specifications were tailored to benefit a Gupta-linked entity, a company source says...

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