'R15.9bn increase of Transnet's locomotives contract unjustifiable' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Chabi was commissioned by MNS Attorneys to test reasonability of the increase of the 1 064 locomotives contract from R38 billion to R54 billion.

Alister Chabi who is an Actuarial Scientist testifying at the State Capture Commission says the R15.9 billion increase of Transnet’s 1 064 locomotives contract was unjustifiable. Chabi was commissioned by MNS Attorneys to test reasonability of the increase of the 1 064 locomotives contract from R38 billion to R54 billion.DCJ states that today’s concept is not so easy to follow and therefore he says what would help is that Chabi should tell him what the general principles are before continuing with his testimony.

But this is PRASA and not Transnet's locomotive on the picture

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa has a long way to go in eliminating HIV: UNICEF - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%United Nations (UN( agency for children, United Nations Children's Fund (UNICEF), says Africa has a long way to go in eliminating HIV.% So the West create the disease and Africa have to eliminate it? While the West is making a killing literally and in profits. What about other continents they have the cure or what I'm lost
Source: SABC News Online - 🏆 32. / 51 Read more »