We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The former board of the Passenger Rail Agency of SA (Prasa) will now complete its last three months at the agency, after a high court granted their immediate reinstatement on Monday. Six of seven Prasa board members dismissed by then transport minister Dipuo Peters in March said on Monday they would now seek to finalise a turnaround plan for an agency dogged by years of scandals. Former board chairman Popo Molefe, Zodwa Manase, Mashile Matlala, William Steenkamp, Clement Manyungwana, and Tefetso Phitsane will now resume their positions with immediate effect. The court on Monday also overturned a decision to appoint an interim board. Molefe was said to be out of the country, but Steenkamp said other priorities included stabilising the executive and management, finalising the Prasa turnaround plan, and finalising financial statements. “As a board, we had no idea of the massive challenges awaiting us when we arrived at the company … we are not so naïve to believe that we not be greeted...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.