Durban business chamber calls for axing of Transnet CEO and execs

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The chamber said eThekwini business could no longer tolerate the behaviour of the parastatal's CEO.

The call comes as pressure mounts for Transnet performance to improve.For more financial news, go to the The Durban Chamber of Commerce and Industry has called on the Public Enterprises Minister to remove Transnet’s CEO Portia Derby, accusing her of sabotaging businesses through lack of service delivery.

The chamber said that it believed Derby, as well as the head of Transnet Freight Rail, Sizakele Mzimela, and Transnet National Ports Authority CEO, Pepi Silinga, did not have the best interests of the business community at heart. The chamber's plea comes on top of calls from the Minerals Council South Africa for the removal of Derby and Mzimela in a letter sent to the former Transnet board chairperson in December last year.A deep dive into the big business story of the week, as well as expert analysis of markets and trends.

In the letter to Gordhan, the chamber said it believed there needed to be an in-depth investigation into TPNA’s recruitment and procurement processes."While there are external factors contributing to the rail networking not functioning, we have not seen interventions that identifies and reviews internal efficiencies," the chamber said."Furthermore, there is a lack of stakeholder engagement by TFR. This is resulting in business uncertainty.

 

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