Spoornet to scrap managerial positions

Sweeping changes ahead, writes
Leonard Neill

SWEEPING CHANGES in the administration of Spoornet are expected to be announced at a conference to be held at the parastatal's headquarters on February 26 when, among others, the departure of five senior managers will be revealed.
Full details of the announcements have not been disclosed, but FTW understands that five business managerial positions have been scrapped and have been amalgamated into other portfolios.
At present Spoornet is awaiting central government's decision on recommendations made to it in both the Rothchild and Halcro reports after commissions from these two organisations were contracted in recent years.
Spoornet, itself, has raised strong objections to suggestions made in the Rothchild report which calls for the privatisation of the coal and iron ore rail links which, says Spoornet, provide it with a solid base of its own income. This report targeted privatisation,
to the authorities at the rail headquarters.
The Spoornet moves come at the same time as its ruling authority, Transnet has revealed that two new executive directors are expected to join the organisation in the next month. These are scheduled to replace former executives Joe Ndhlela and Sipho Nyawo who are no longer with the group.
In addition, former managing director Saki Macozoma left last month, and uncertainty now exists over whether or not finance executive director Gloria Serobe will remain after her contract expires in May.
Mafika Mkwanazi, Transnet's new managing director, says he has identified two new executive directors, one male and the other female. Approval has to be obtained from the public enterprises department and cabinet before they can be appointed, but Mkwanazi is hoping to have them in office from April 1.

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