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A turnaround plan includes a review of management and the state entity’s ‘excessive cost structure’
20 September 2023 – 13:16
UPDATED 20 September 2023 – 17:11
by Thando Maeko
Public enterprises minister Pravin Gordhan has thrown his weight behind the newly appointed Transnet board, amid calls for the axing of senior executives from the state logistics company, including CEO Portia Derby.
Business lobby groups the Durban Chamber of Commerce, the Pietermarizburg and Midlands Chamber of Commerce and the Association of SA Chambers (Asac) have called for Gordhan and the Transnet board to consider firing Derby and Transnet Freight Rail CEO Sizakele Mzimela, over the steady deterioration of the company. ..
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