Transnet’s Tau Morwe removed as acting group chief executive

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Transnet acting group chief executive Tau Morwe is leaving the state-owned logistics company after his contract expires on Friday, by NickiGules and Abrammashego

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Transnet acting group chief executive Tau Morwe is leaving the state-owned logistics company after his contract expires on Friday.

This is a surprise move from the Transnet board because Morwe was supposed to appear before the state capture inquiry next week to make a submission on the company’s behalf. Mahomedy will now instead be appearing at the commission before Justice Raymond Zondo after Molefe kicks off Transnet’s evidence on the stand early next week.

However, in the internal memorandum, Molefe wrote: “The board acknowledges the good work done by Mr Morwe in pursuit of the reorganisation and operations efficiencies at Transnet and wishes to extend its appreciation. To this extent, the board commits to continuing with the programme and plans started by Mr Morwe.

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 /  🏆 7. in ZA
 

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NickiGules Abrammashego Incorrect and misleading headline...Mr. Morwe was not removed...his contract came to it's natural end.

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