Carol Paton Editor at Large

As its administrator, Bongisizwe Mpondo is both the CEO and the board of the Passenger Rail Agency of SA (Prasa).

It’s a different model for a turnaround of a state-owned company for which boards and interim boards have been appointed and charged with the turnaround. Directors, who are part-time with an oversight role, bound by rules and governance protocols and who frequently lack professional knowledge of the area, have struggled to make quick progress.

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