Transnet ends contract of acting CEO Tau Morwe

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Top read this week | Transnet ends contract of acting CEO Tau Morwe

Transnet has decided not to extend the contract of acting CEO Tau Morwe, the state-owned entity announced on Wednesday. Morwe was appointed as acting CEO in November 2018 after the axing of Siyabonga Gama.

Gama’s axing came after investigations found that he, former CEO Brian Molefe and Gupta associates may have acted unlawfully in relation to the purchase of 1,064 locomotives for R54bn.Transnet on Wednesday said Morwe would be replaced by acting CFO Mohammed Mahomedy, who will now be acting CEO.Transnet was one of the state-owned entities looted during the state-capture project.

"To this extent the board commits to continuing with the programme and plans started by Mr Morwe," Molefe said in a statement on behalf of the board.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Transnet ends contract of acting CEO Tau MorweMorwe will be replaced by acting CFO Mohammed Mahomedy New Dawn If u know what is good for you, you must never accept this job unless you are a politician......... ...CadreDeployment strikes again! ...I wonder if anyone has tried to estimate what this appalling ANC policy has cost South Africa in corruption, incompetence, wrecked SOEs, inaction, golden handshakes, recruiting fees, bailouts, etc...must be many Rbillions... VoteTheANCout!
Source: BDliveSA - 🏆 12. / 63 Read more »

Transnet ends contract of acting CEO Tau MorweTransnet has decided not to extend the contract of acting CEO Tau Morwe
Source: BDliveSA - 🏆 12. / 63 Read more »

Transnet appoints new acting CEOTransnet has said it will not renew the six-month contract of acting CEO Tau Morwe, and will appoint a new acting CEO instead. Fin24 They didn't end their sentence with again Fin24 Wayecula u MYANC ethi zizojika izinto, zijika nyani ngoku yhoooooooooo! Imagine after election.... mmmmm Fin24 People toyi toyed when it appeared that baba PresJGZuma was running the country by himself, there one Minister who is running SOEs by himself also whilst everyone is watching!
Source: News24 - 🏆 4. / 80 Read more »

Newsdeck: Transnet appoints new acting CEOTransnet has said it will not renew the six-month contract of acting CEO Tau Morwe, and will appoint a new acting CEO instead.
Source: dailymaverick - 🏆 3. / 84 Read more »

Transnet’s Tau Morwe removed as acting group chief executiveNickiGules Abrammashego Incorrect and misleading headline...Mr. Morwe was not removed...his contract came to it's natural end.
Source: City_Press - 🏆 7. / 72 Read more »

Transnet ends contract with acting CEOTransnet has said it will not renew the six-month contract of acting chief executive officer Tau Morwe, and will appoint a new acting CEO instead. Why did Tau decline to continue until Board put in the permanent GCE. Why? Transnet Customers and its employees are wondering. Maybe Maybe the answer will come Mr PoPo
Source: mailandguardian - 🏆 2. / 92 Read more »

Transnet ends contract of acting CEO Tau MorweMorwe will be replaced by acting CFO Mohammed Mahomedy New Dawn If u know what is good for you, you must never accept this job unless you are a politician......... ...CadreDeployment strikes again! ...I wonder if anyone has tried to estimate what this appalling ANC policy has cost South Africa in corruption, incompetence, wrecked SOEs, inaction, golden handshakes, recruiting fees, bailouts, etc...must be many Rbillions... VoteTheANCout!
Source: BDliveSA - 🏆 12. / 63 Read more »

Transnet ends contract of acting CEO Tau MorweTransnet has decided not to extend the contract of acting CEO Tau Morwe
Source: BDliveSA - 🏆 12. / 63 Read more »

Transnet ends acting CEO Tau Morwe’s contractIn the interim, Mohammed Mahomedy has been appointed as Transnet’s acting group chief executive. plz share more details. Atleast le wena O jele
Source: ewnupdates - 🏆 30. / 53 Read more »

Tau Morwe’s contract as Transnet acting CEO not renewed'Transnet is working towards filling critical vacancies that currently exist at executive level,' the parastatal said.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Transnet’s Tau Morwe removed as acting group chief executiveNickiGules Abrammashego Incorrect and misleading headline...Mr. Morwe was not removed...his contract came to it's natural end.
Source: City_Press - 🏆 7. / 72 Read more »