20/11/2025
FORMER FINANCE MINISTER MR GIGABA TO STEP DOWN.
The African National Congress (ANC) has confirmed that senior party figure and former public enterprises minister Malusi Gigaba is now formally facing a corruption charge, and will withdraw from ANC duties under the party’s step-aside rule.
Secretary-general Fikile Mbalula announced the development during a post-NEC briefing, noting that the charges relate to decisions Gigaba made while overseeing Transnet’s locomotive procurement programme more than a decade ago.
Gigaba appeared briefly in the Palm Ridge Magistrates’ Court, where prosecutors outlined allegations that he benefited from irregular contracts tied to Transnet’s multibillion-rand locomotive deals. Investigators claim that procurement processes for three major locomotive contracts were unlawfully manipulated, leading to huge financial losses for the state-owned entity.
He is charged alongside four former Transnet executives previously linked to corruption involving the Gupta network. The case has been postponed to 30 January 2026 as authorities prepare to move the matter to the High Court.