Transnet gets a new board—finally

Talk about draining the swamp. South Africa’s Public Enterprise Minister, Pravin Gordhan, has installed a new interim board for Transnet, saying “Transnet is facing serious allegations of maladministration and corruption. The previous board has not demonstrated appreciation of the seriousness of issues at hand or the ability to deal with these decisively in order to protect the entity in the interest of South Africans.”

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