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Real Economy News in Real Time
R/€ = 19.75 Change: 0.00
R/$ = 18.07 Change: 0.12
Au 1678.81 $/oz Change: 28.51
Pt 743.41 $/oz Change: 2.09
 
 
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Transnet appoints new acting CFO

26th March 2020 BY: Marleny Arnoldi
Creamer Media Online Writer

State-owned freight utility Transnet has appointed Mark Gregg-Macdonald acting CFO following the resignation of acting CFO Mohammed Mahomedy.

The utility is in the process of recruiting a permanent group CFO.

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Transnet chairperson Dr Popo Molefe said Mahomedy helped steer the utility through some turbulent times, while leaving a legacy of good governance and sound financial systems.

Additionally, Molefe said Mahomedy had contributed great insight to the Zondo Commission of Inquiry into State Capture. 

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EDITED BY: Chanel de Bruyn Creamer Media Senior Deputy Editor Online
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