'They have proven time and time again they are incompetent.'
The business chamber of Durban, home to Africa’s biggest port, has demanded the removal of top management at Transnet, South Africa’s state logistics company In a letter to Pravin Gordhan, Minister of Public Enterprises, the chamber listed grievances, including poorly performing ports and rail lines, as well as a lack of clarity on future planning for an expansion to the facility.
” The demand echoes a similar call late last year by the Minerals Council South Africa, which represents most of the mining companies operating in the country. In 2022 the tonnage of coal railed to the Richards Bay Coal Terminal fell to a 30-year low. In a 2021 World Bank index of container port performance, Durban ranked 364th out of 370 and two other Transnet ports were also in the bottom 10.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Durban business chamber calls for axing of Transnet CEO and execsThe chamber said eThekwini business could no longer tolerate the behaviour of the parastatal's CEO.
Read more »
FirstRand CEO pleased with group’s ‘boring’ resultsIt's really good to see FNB, RMB, Aldermore, and WesBank all coming back with some growth – CEO Alan Pullinger.
Read more »
Jumia’s Ghana CEO is confident he has recipe for profitabilityJumia has never made a group profit but the national CEO for Ghana sees better times ahead.
Read more »
'Why do we still give fax numbers?': State IT agency blasted at own conferenceThe State Information Technology Agency copped a lot of criticism at the GovTech conference it hosted this week, but its new CEO provided assurances that change is coming.
Read more »
TNPA takes next step on Culemborg Precinct developmentThe Transnet National Ports Authority (TNPA) has issued a request for information (RFI) for the design, financing, construction, operation and maintenance of the proposed Culemborg Intermodal Logistics Precinct – or part thereof – at the Port of Cape Town.
Read more »
Blue Label could consider delistingBlue Label co-CEO Mark Levy said delisting the company from the JSE will be considered if it makes sense for shareholders.
Read more »