transnetlogo thumb100 BusinessLive reports that the Transnet board says there is no conflict between itself and public enterprise minister Pravin Gordhan in regard to the appointment of a new CEO.  

Popo Molefe, chair of the Transnet board, advised on Wednesday that the appointment process had not yet been finalised.  Noting that the board had initiated the recruitment process in May 2019, which had included public advert placements for external and internal participation, he advised as follows:  “Following interviews, the board recommended potential candidates to the shareholder minister.  The minister together with Transnet will formally announce the names once all steps or processes are done.”  Conflicting reports emerged at the weekend about the preferred candidate.  Sunday Times reported that the board had endorsed the appointment of Portia Derby, former wife of one-time Transnet CEO Brian Molefe.  But, City Press reported that while the board’s preferred candidate was Patrick Dlamini, current CEO of the Development Bank of Southern Africa, Derby’s name was thrown in the ring after the initial interviews and at the insistence of Gordhan.  In reaction, Gordhan said claims of his interference were simply attempts to disrupt the process of appointing a CEO with the required skills to continue rooting out corruption and state capture at Transnet.


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