marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Transnet Chairwoman Resigns

May 3, 2018

The chairwoman of South Africa's state-owned logistics utility Transnet has resigned along with two other board members, the public enterprises ministry said on Thursday.

The firm has been accused of irregularities in the awarding of contracts and is conducting an investigation into in the procurement of 1,064 diesel and electric locomotives worth around 54 billion rand ($4.5 billion).

Public Enterprises Minister Pravin Gordhan, whose department also oversees state-owned power utility Eskom, gave no reason for chairwoman Linda Mabaso's resignation. He added new appointments would be announced soon.

Today's moves are the latest in a string of resignations by Transnet leaders after chief financial officer Garry Pita resigned due to ill-health last month.

The government insisted that his departure did not absolve him from responsibility for irregularities at the company that needed to be addressed.


(Reporting by Tanisha Heiberg Editing by Alexandra Hudson)

Logistics News

QatarEnergy to Ship LNG Cargo to Orlen Next Month

QatarEnergy to Ship LNG Cargo to Orlen Next Month

Mammoet, Port of Argentia Plan Floating Dry Dock, Marine Repair Facility

Mammoet, Port of Argentia Plan Floating Dry Dock, Marine Repair Facility

Port Innovation Congress Draws Record Attendees to Valencia

Port Innovation Congress Draws Record Attendees to Valencia

HD Hyundai, Kiewit Team Up to Build New US Shipyard

HD Hyundai, Kiewit Team Up to Build New US Shipyard

Subscribe for Maritime Logistics Professional E‑News

Manishi Raymondchaudhuri: The thaw in the Sino-Indian relationship will be a major test for economic growth
Russia claims it has struck Ukrainian defence industry vessels and facilities
Maguire: The cement boom in Africa signals the next big shift in global energy usage.