Transnet's group financial director Nonkululeko Dlamini also left the company effective Friday, it said in a statement.
Michelle Phillips, head of Transnet's pipeline unit, will be the group's interim CEO from Nov. 1. The process to find a new permanent group CEO is underway, the company said. Transnet, whose flagship freight rail service has struggled due to the shortage of locomotives and spares as well as cable theft and vandalism of its infrastructure, slumped to a 5.7 billion rand
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