Transnet suspended four executive committee members with immediate effect on Friday, including the state-owned entity’s (SOE) group COO, Mlamuli Buthelezi. The other three executives are group HR officer Nonkululeko Sishi; CEO of Transnet Freight Rail, Ravi Nair; and Shulami Qalinge, the CEO of the Transnet National Ports Authority. Transnet and other SOEs were used for looting as part of state capture. Since the new board was appointed in 2018, under the leadership of Popo Molefe, it has been moving to clean-up the entity and take action against those implicated in maladministration and malfeasance at the state-owned freight and rail company. Transnet spokesperson Molatwane Likhethe said the company was of the view that the four executives’ continued presence in the workplace had the potential to jeopardise investigations into their alleged misconduct. He did not say what charges they were facing. The four have been placed on suspension with full pay and benefits. Last month, Trans...

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now