Arbitration ‘unlikely’ to lead to Gama’s reinstatement, says Transnet board
Axed Transnet CEO Siyabonga Gama is unlikely to be reinstated if the dispute between him and the state-owned entity goes to arbitration. This is according to an affidavit by Transnet board chair Popo Molefe, filed in the Labour Court on Thursday, in response to Gama’s application to have the termination of his employment contract overturned. Gama is asking the court to find that the board was in contempt of court after it took the decision on Sunday to end his contract with six months’ notice. This was after the same court last week stayed an application by Gama to interdict the board from taking the decision to fire him. The application was stayed pending the outcome of arbitration. However, the board decided to go ahead with the termination of his contract, saying the court order did not prohibit it from doing so. Molefe, in the court papers and on behalf of his fellow board members, said the CEO was the “brain and nerve centre” of a company and if there was a loss of confidence i...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.