Mkwanazi leaves MSC

Following the appointment of Mafika Mkwanazi to the Board of Transnet, Xpanse Investments recently confirmed his resignation as the director of all boards of the Mediterranean Shipping Company (MSC) and its subsidiaries where he was representing the BEE company. Mkwanazi served MSC for six years. Sello Rasethaba, who is currently an executive director at MSC, will take over Mkwanazi’s role as the director of all boards at MSC,” Captain Salvatore Sarno, MSC board chairman told FTW. “Mkwanazi’s leadership has set the tone for growth within our organisation and we certainly look forward to working with him as the chairman of Transnet’s board,” said Sarno.