Transport chiefs continue to cash in at ailing parastatals
CEOs continue to collect top salaries as most of the 11 parastatals in the Department of Transport stumble
CEOs of the 11 parastatals in the troubled Department of Transport have seen their combined salaries staying as high as R27m, despite the fact that the financial standing of most of those entities has worsened. The Passenger Rail Agency of SA (Prasa), South African National Roads Agency Limited (Sanral), Road Traffic Infringement Agency, South African Maritime Safety Authority, the Cross-Border Road Transport Agency, South African Civil Aviation Authority, the Road Traffic Management Corporation, Air Traffic Navigation Services, Road Accident Fund, Railway Safety Regulator and the Ports Regulator of SA are the parastatals that fall under the department. In a reply to a parliamentary questions from DA MP Manny de Freitas, Transport Minister Dipuo Peters said the combined basic salaries of the CEOs of the department’s entities had fallen from more than R30m in the 2014-15 financial year. The decline came about because Prasa had an acting CEO after Lucky Montana left. The CEOs also enj...
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