Portia Joy Derby, chief executive officer of Transnet SOC Ltd., at the Africa CEO Forum in Abidjan, Ivory Coast, on Tuesday, June 14, 2022. Photo: Andrew Caballero-Reynolds/Bloomberg via Getty Imagesshe believes she and her team made “significant progress” at the state-owned entity during her tenure.
There was no fall guy necessary, she said, and she did not believe she had been made out to be one. “We have kept on saying we still need help with dealing with security and we needed money to deal with the backlog on the maintenance on the rail.” “The issue around whether Transnet is efficient or not, efficiency in this day and age in organisations is driven by your systems, you have to have modern IT and software and the likes.
“So the possibility of interference will be reduced significantly. That automation exercise is in process and will be implemented. I am pretty sure that in a matter of time things will come through. I do think there are a lot of things [about governance] that must be discussed with the government and this is the overarching governance of the enterprise, not the internal bit,” she said.
Derby exits amid scathing reviews from organised business, and more recently Cosatu, which have placed the inability to correct the severe underperformance and systemic corruption at the failing entity at the feet of Derby and Transnet Freight Rail head Sizakele Mzimela, whom Derby appointed.that at least six business organisations had written to public enterprises minister Pravin Gordhan, urging him to fire Derby.
“The ports are performing much better, they are making money, we are in the process of acquiring equipment and none of this stuff is fast,” she said. According to a statement released by Transnet on Friday: “During her tenure she worked with the team in Transnet to introduce a private partner for Transnet Port Terminals into the container terminal space, the first of its kind, including working with key stakeholders in introducing reforms, aligned with Government policy, which aim to turn the organisation around, restructure the rail sector particularly, and enable the growth of the freight logistics system.
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Source: ReutersAfrica - 🏆 31. / 53 Read more »