For Creamer Media in Johannesburg, I’m Sane Dhlamini.
Making headlines: Mbalula dissolves Prasa interim board, and places it under administration, Ramaphosa says government will take drastic steps to save State companies and, ANC veteran Ben Turok has died
Mbalula dissolves Prasa interim board, and places it under administration
Transport Minister Fikile Mbalula has dissolved the interim board of the Passenger Rail agency of South Africa and placed the struggling State-owned entity under administration with immediate effect.
Bongisizwe Mpondo has been appointed as its administrator.
Mbalula also announced that secondment of the acting Group CEO, Dr Nkosinathi Sishi, has also been withdrawn with immediate effect.
The passenger rail agency has been rocked by allegations of administrative inefficiencies and corruption involving top executives, with former transport minister Blade Nzimande once suggesting that it had for a long time been used as an ATM.
Ramaphosa says government will take drastic steps to save State companies
President Cyril Ramaphosa used his weekly newsletter to say that the implementation of business rescue at South African Airways is a sign that government was prepared to take "drastic steps" to save South Africa’s ailing State-owned entities.
Last week it was also announced that beleaguered flag carrier would undergo business rescue, after years of losses.
Ramaphosa said whether it was Transnet or Eskom, Denel or Prasa, government was taking all necessary measures to turn them around.
ANC veteran Ben Turok has died
African National Congress veteran Ben Turok has died at the age of 92.
Turok was a former anti-apartheid activist, economics professor and former Member of Parliament.
Turok's son, Professor Ivan Turoks aid his father had asked for his death to marked by a private ceremony, rather than anything official or formal, in view of the present predicament facing the country.
That’s a roundup of news making headlines today
To advertise on Polity email advertising@creamermedia.co.za
EMAIL THIS ARTICLE SAVE THIS ARTICLE ARTICLE ENQUIRY
To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
