Transnet has recorded an increase in revenue by 11.3% to R72.9 billion for the year ending in March 2018. The company’s Group Chief Executive, Siyabonga Gama, announced the company's financial results for the year which ended on 31 March 2018 on Monday. Gama attributed the increase in revenue to a 4.3% increase in railed export coal volumes; a 6.5% increase in railed automotive and container volumes and a 6.1% increase in port container volumes. The reform pledge was included in … [Read more...] about 11.3% increase in revenue for Transnet
siyabonga gama
Transnet execs must tell us what happened
The SOE clean-up gains momentum with the suspension of three Transnet executives, says OUTA. The Organisation Undoing Tax Abuse (OUTA) welcomes the suspension of three Transnet executives and the promise of an investigation against them. “Shortly after taking office earlier this year, Minister Pravin Gordhan said he would ensure there was a clean-up in the state-owned entities. The suspension of the Transnet executives is a clear sign that Minister Gordhan and the new Transnet board are … [Read more...] about Transnet execs must tell us what happened
Transnet Group Chief Executive on Manganese Ore Dump Moving
Siyabonga Gama, the Transnet Group Chief Executive was in Port Elizabeth on 1 December 2016 as part of the celebrations for 81 graduates from Port Elizabeth who recently completed their qualifications in various aspects of port and marine operations. (See: Vuyo Seti - for one graduate's experiences) After a demonstration of the capabilities of the Port of Port Elizabeth's two brand new tubs - the Mvezo and Qunu, Gama answered some questions around the training and the Maritime School of … [Read more...] about Transnet Group Chief Executive on Manganese Ore Dump Moving
