Siyabonga Gama is in Transnet's departure lounge: here's how he got there
The new board has told Gama and two other senior officials it plans to suspend them
Transnet moved to suspend CEO Siyabonga Gama and two other senior officials, accelerating the cleanup at the state-owned enterprise (SOE) after the appointment of a new board in May. On Wednesday, Gama, chief procurement officer Thamsanqa Jiyane and supply chain manager Lindiwe Mdletshe were served by the board with notices of intention to suspend them. Business Day understands that the decision to serve them with a suspension notice was taken by the board based on legal advice. If you are already a subscriber, please click on the following link to go to the full article: Transnet CEO in departure lounge If you would like to subscribe to BusinessLIVE Premium to read the full story, please click here to subscribe.
For more detail read here