Transnet, the state-owned South African rail, port and pipeline company, says it has completed a turnaround plan, according to eNCA, writes Esther Rose for AllAfrica. The plan outlines operational and financial initiatives to be implemented over the next 18 months.
Transnet, the state-owned South African rail, port and pipeline company, says it has completed a turnaround plan. eNCA reports that the plan outlines operational and financial…
Transnet CEO Portia Derby who was appointed to the embattled state-owned entity three years ago, resigned on Friday, September 27, 2023. In the wake of the exodus of top executives at failing state-owned enterprises responsible for South Africa's economic malaise, former board members blame Public Enterprises…
Mzimela has been facing enormous pressure to resign because under her watch, Transnet's rail network, which she manages, has become inefficient and unreliable for big industry. A two-week strike by Transnet's harbour and rail workers has ended. A wage deal over a three-year period was accepted by the United National Transport Union which represents ..., representing a diversity of positions on every topic.
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