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Gordhan Announces New Transnet Board Members

“The appointments are a step that underscored the government’s commitment to infuse the state-owned company with the requisite skills, experience and business acumen.”

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Gordhan Announces New Transnet Board Members

New members of the Transnet Board of Directors have been announced by Public Enterprises Minister Pravin Gordhan.

Lebogang Letsoalo, a specialist in supply chains, and Martin Debel, a maritime executive, are among them. The only members of the former board still in place are Molefe and Sydney Mufamadi.

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The nine Non-Executive Directors will serve a three-year term. Andile Sangqu, a former mining executive, has succeeded Popo Molefe as Chairperson.

Gordhan stated in a statement that the nomination proves the government’s dedication to provide the necessary skills and experience.

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“The appointments are a step that underscored the government’s commitment to infuse the state-owned company with the requisite skills, experience and business acumen.”

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“The newly reconstituted board will help propel Transnet’s strategic transformation and the execution of its mandate as a critical cog in the South African freight and logistics domain, as well as a key driver of South Africa’s competitiveness and economic dynamism,” Gordhan adds.

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Below is the full statement:

 

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Elize Coetzee for SurgeZirc SA
Elize Coetzee for SurgeZirc SAhttps://new.surgezirc.co.za
Elize Coetzee, a seasoned journalist, is the driving force behind SurgeZirc SA’s world news and world politics coverage. With an unwavering commitment to truth, Elize delves into global affairs, providing live updates, in-depth investigations, and thought-provoking analysis. Whether it’s geopolitical tensions, international diplomacy, or breaking stories, Elize’s incisive reporting keeps readers informed and engaged.
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