JOHANNESBURG - Transnet on Friday moved to stabilise its leadership, appointing its first post-state capture group chief executive, Portia Derby, to take the utility forward. The group said it chose Derby, the ex-wife of former Transnet boss Brian Molefe, to steer the state-owned freight-rail and logistics giant into a new direction.
It said Derby, whose tenure began on Saturday, would bring certainty to its operations and play a key role in leading the revival of the parastatal. Transnet chairperson Popo Molefe said Derby was appointed on the recommendation of the board with the support of the Cabinet.
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