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Siyabonga Gama appointed as Transnet’s acting chief executive

He was informed by the board this morning while group executive Brian Molefe is at Eskom.

FILE: Siyabonga Gama says he will continue steering the ship at Transnet. Picture: EWN.

JOHANNESBURG - Transnet has appointed Siyabonga Gama as its acting Chief Executive.

Gama was informed by the board this morning that he would be heading Transnet while Group Executive Brian Molefe is at Eskom.

Molefe was announced as acting CEO at the power utility which faces major problems in supplying electricity, on Friday by Public Enterprises Minister Lynne Brown.

Gama on Monday said he would continue steering the ship at Transnet.

"Well, I think it's still just sinking in, but I'm very humbled for the opportunity to continue with my national service. We have a very good and competent team here at Transnet; we are going to work together to guide this organisation and move it forward."

Eskom's current CEO Tshediso Matona and three other directors were suspended by Eskom's Chair at the time, Zola Tsotsi.

Tsotsi then resigned from his position.

Brown said she consulted with President Jacob Zuma, Eskom 'War Room' head Deputy President Cyril Ramaphosa, and the Boards of Eskom and Transnet.

"His experience is having turned around the PIC and providing stability at Transnet is a clear indication that Mr Molefe is no stranger in leading complex institutions."

Brown added Molefe's experience At the Public Investment Corporation and Transnet showed he was the right person to lead Eskom.

"To consolidate the leadership at Eskom, I will soon be submitting my recommendations to Cabinet on appointing additional members to strengthen and augment the required skills on the Board."

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