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Transnet has said it will not renew the six-month contract of acting CEO Tau Morwe, and will appoint a new acting CEO instead.
Further provisional suspensions of staff may be on the cards at Transnet as auditors at the state-owned port and freight rail and operator continue to comb through past internal reports.
Transnet must confront operational and governance challenges if it hopes to close a dark chapter in its history and proceed to help investors take advantage of an economy that is ready to do business with them.
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