The Cabinet has appointed Siyabonga Gama as the new group chief executive of Transnet, after a year acting in the position.
Gama has been a front runner for this job, with both expertise and experience, but his appointment took longer than expected to be confirmed.
Gama's controversial history with Transnet has also raised a lot of questions. In 2010 he was dismissed from the company after a finding of negligence. There was also another issue where he signed a contract that was against the express wishes of the board.
Xolani Gwala spoke to Lynne Brown, Minister of Public Enterprises about the decision, and also asked if it isn't strange that the CFO was appointed before that of the group chief executive was appointed.
Listen to the conversation below....
The decision to appoint is a decision taken at board level. And so, when the board brought the decision to me, I then applied it to mind and took it to the Cabinet.— Lynne Brown, Minister of Public Enterprises
The board appoints CFO's and CEOs. I don't think there is anything strange about it, but today cabinet approved both their appointments.— Lynne Brown, Minister of Public Enterprises
tThe bigger issue for me is, Siyabonga Gama has actually headed up most of the companies within Transnet. He has logistics, transport experience, and financial experience. He has literate qualities. And, those are the qualities were are looking for when I have to take a position to the cabinet.— Lynne Brown, Minister of Public Enterprises