South African Transport Minister, Ms Creecy, has announced that Cabinet has approved the appointment of a Non-Executive Director at Transnet.
In the media statement, Creecy noted that "We obtained approval to appoint Ms. Khulekelwe Glynnis Mbonambi as the most suitable candidate to fill the vacancy of Non-Executive Director on the Transnet Board of Directors for the remaining term of office of the current serving Board. As a CA, Ms. Mbonambi brings much-needed financial skill to the organisation.
This appointment is especially important today as we navigate Transnet towards financial stability, which is part of our overall drive to achieve speedy financial recovery and sustainability of the Company, important determinants for gaining required operational efficiencies so desperately needed in freight logistics, port services, contributing to trade growth and job creation.
The appointment shall be aligned to the remaining period of the Board’s first term, which is due to expire in July 2026.”
