Transnet has seen another high-profile exit in less than a week following the resignation of Transnet Freight Rail (TFR) CEO Siza Mzimela.
According to a study by the GAIN Group, inefficiencies at Transnet are costing the economy R1 billion a day. Picture: Gallo Images / Foto24 / Deaan Vivier
“Despite the seemingly endless litany of legacy challenges, which include lack of tools for peak performance, lack of locomotives, crippling theft and vandalism, as well as the ‘potholes’ in the infrastructure system that force slower movement of trains due to our company’s safety-first ethos, you, the people of TFR continued to push forward,” Mzimela said.
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