MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home » Industry News » Siyabonga Gama may soon be out as Transnet head, say sources

Siyabonga Gama may soon be out as Transnet head, say sources

Siyabonga Gama will be removed as chief executive officer of Transnet, the state-owned ports and rail company, two people familiar with the situation said.

The board of the company made the decision because of a breakdown of the relationship between them and the executive, the people said, asking not to be identified because the information has not been made public.

Molatwane Likhethe, Transnet’s spokesperson, did not immediately respond to calls and mobile-phone text messages, while Nompumelelo Kunene, Transnet’s external communication officer, said a statement will be issued today, without giving further detail. 


Source:

Fin24

 

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

BPO sector created 8 000 jobs and injected R2,8-billion into Cape Town’s economy in 2023

By Larry Claasen THE Business Processing Sector created almost 8 000 jobs and injected R2,8-billion into Cape Town’s economy in 2023, according to the Invest...

Economy recovering from a low base, says FNB

Following the South African Reserve Bank’s decision to keep interest rates at their previous level, FNB confirms that it will hold its prime lending...

MUST READ

Cape Town has the ninth-worst traffic congestion in the world

By Larry Claasen The City of Cape Town will spend R444-million to relieve traffic congestion over the next three years. TRAFFIC congestion in Cape Town ranks...

RECOMMENDED

Cape Business News
Follow us on Social Media