) board packing after it failed to answer crucial questions on 2018/2019 financial statements.
Transport Minister Fikile Mbalula, who had accompanied Prasa’s board to the Scopa briefing says the performance of the passenger rail service is dismal and saw revenue declined of 48% over the last five years. Mbalula says, “Prasa’s performance remains dismal, having achieved only 26% of its annual pre-determined objectives for 2018/2019. This is a slight improvement from 21% in the previous year. This is an unacceptable state of affairs which requires drastic action. We will strengthen our oversight instruments to include early warning systems that will enable us to intervene timeously and ensure“Prasa’s financial performance over the years remains a challenge.
He says, “I wish to ensure the committee that processes are underway to finalise the appointment of a full time Group CEO by the end of the current financial year. Progress has been made with the appointment of executives, with the appointment of a Chief Financial Officer, a Chief Procurement Officer and a Group Executive for Human Capital Management on the 1of September 2019.
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Chapter 9 Institutions under scrutiny - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Democratic SA established Chapter 9 Institutions to protect the rights of ordinary citizens enshrined in the Constitution. Duplication of functions and access to ordinary citizens - are some of the challenges that have bedeviled these institutions. Despite this, however, have they been fulfilling their role?
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »