Interim Board for Transnet SOC Limited

The Minister of Public Enterprise has appointed a new interim board for state-owned company Transnet, with Mr Popo Molefe as the new interim chairperson. Minister Pravin Gordhan noted that Transnet is facing serious allegation of maladministration and corruption. According to Gordhan, the previous board had not demonstrated an appreciation of the seriousness of the issues at hand or the ability to deal with these decisively in order to protect the entity in the interest of South Africans.

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