Prasa’s performance remains dismal: Mbalula - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

) 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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Union utterances highly irresponsible: SAA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SAA Chief Commercial Officer, Philip Saunders has labelled as highly irresponsible the unions' utterances that flights are being operated by unqualified, inexperienced personnel.
Source: SABC News Online - 🏆 32. / 51 Read more »

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 »

SAA to reintroduce domestic flights - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SAA to reintroduce flights from Johannesburg to Cape Town and a return flight from Durban to Johannesburg.
Source: SABC News Online - 🏆 32. / 51 Read more »

Numsa, SAA wage negotiations collapse - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.National Union of Metalworkers of South Africa (Numsa) says negotiations with South African Airways (SAA) management to end the ongoing workers strike have collapsed.
Source: SABC News Online - 🏆 32. / 51 Read more »

AfriForum against NHI implementation - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.AfriForum against NHI implementation Lobby group AfriForum says the National Health Insurance (NHI) should not be implemented as the Health Department is unable to handle taxpayers’ money.
Source: SABC News Online - 🏆 32. / 51 Read more »