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The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
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GUEST – James Holley, CEO of Traxtion
For over a century, South Africa’s rail network has been controlled by a single state operator but that era is finally coming to an end. In one of the largest private freight rail investments in South Africa’s history, Traxtion is gearing up to run trains on the country’s mainline network from late 2026.
Traxtion has secured a R3.4-billion rolling stock deal, adding 46 modernised Wabtec locomotives and a fleet of wagons to help reshape how freight moves across the economy.
INSIDE YOUR BUSINESS – Regulator cracks down on deceitful builders: How the CIDB is cleaning up construction tenders
GUEST – Bongani Dladla, CEO of the Construction Industry Development Board (CIDB)
Who gets to build South Africa’s hospitals, roads, and schools? And what happens when contractors fake their credentials to win those lucrative public projects?
This week on Inside Your Business, we unpack the CIDB’s clampdown on fraud in the construction sector, after more than 40 companies were kicked off the national contractors’ register for falsifying documents, lying about past work, and inflating their grading to qualify for tenders worth millions.
CIDB CEO Bongani Dladla explains how the board is enforcing a zero-tolerance approach, because inflated grading doesn’t just break the rules, it puts taxpayers’ money, safety and service delivery at risk. Kaya FM
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continue reading
For over a century, South Africa’s rail network has been controlled by a single state operator but that era is finally coming to an end. In one of the largest private freight rail investments in South Africa’s history, Traxtion is gearing up to run trains on the country’s mainline network from late 2026.
Traxtion has secured a R3.4-billion rolling stock deal, adding 46 modernised Wabtec locomotives and a fleet of wagons to help reshape how freight moves across the economy.
INSIDE YOUR BUSINESS – Regulator cracks down on deceitful builders: How the CIDB is cleaning up construction tenders
GUEST – Bongani Dladla, CEO of the Construction Industry Development Board (CIDB)
Who gets to build South Africa’s hospitals, roads, and schools? And what happens when contractors fake their credentials to win those lucrative public projects?
This week on Inside Your Business, we unpack the CIDB’s clampdown on fraud in the construction sector, after more than 40 companies were kicked off the national contractors’ register for falsifying documents, lying about past work, and inflating their grading to qualify for tenders worth millions.
CIDB CEO Bongani Dladla explains how the board is enforcing a zero-tolerance approach, because inflated grading doesn’t just break the rules, it puts taxpayers’ money, safety and service delivery at risk. Kaya FM
174 episodes
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