SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000
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HomeCorruption TrackerHerbert Msagala Transnet Forfeiture — 35 Vehicles + 5 Properties
Gauteng · SA Corruption Asset Tracker

Herbert Msagala Transnet Forfeiture — 35 Vehicles + 5 Properties

Forfeited to StateR18 millionHigh confidence

In the Herbert Msagala Transnet Forfeiture — 35 Vehicles + 5 Properties case, R18 million in assets has been forfeited to the state following legal proceedings in Gauteng. The matter relates to the Transnet SOC Ltd. One individual, Herbert Msagala, has been formally implicated through official proceedings.

Case details

SIU preserved the assets of former Transnet executive Herbert Msagala in July 2020. His preserved portfolio comprised 35 luxury vehicles and five properties including two farms and gated estate houses worth more than R18 million. Properties and pension benefits have since been forfeited to the State. Msagala was arrested in October 2024.

Assets35 luxury vehicles; 5 properties including 2 farms and gated estate houses; pension benefits
Department / entityTransnet SOC Ltd
Estimated valueR18 million
StatusForfeited to State
Court orderSIU preservation order July 2020; forfeiture completed before October 2024
Date reported22 October 2024
LocationJohannesburg and Pretoria — Transnet Group Capital assets, Gauteng

Implicated (1)

Herbert Msagala

Source — SIU

Reported 22 October 2024

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Sourced exclusively from official public records (SIU, AFU, NPA, Hawks, Zondo Commission). This tracker does not make independent allegations; individuals listed have been formally implicated through legal proceedings or official investigations. Updated manually — may not reflect the latest case developments.