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EAST LONDON – Transnet’s National Ports Authority says it’s prepared to swim and not sink.
It’s aiming to revive economic growth across the eight commercial ports in the country.
It comes after a stern warning by Finance Minister Enoch Godongwana.
READ: SONA 2024 | LOGISTICS HAMPERING AGRICULTURAL EXPORTS
In his budget speech, he said the beleaguered state-owned entity will no longer receive government bailouts.
It’s hoped the appointments of Michelle Phillips as CEO and Nosipho Maphumulo as CFO will accelerate the recovery plan.
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