31 October 2018

South Africa: How Gama Drove Transnet Off the Rails

analysis

Siyabonga Gama, Chief Executive Officer of Transnet Freight Rail, speaking during a press conference in Johannesburg, 31 July 2007. South Africa. Photo: GALLO

The main contract Siyabonga Gama had to manage at Transnet is very late and has cost South Africans billions more than it should have, according to a new report.

See earlier article by Ferial Haffajee on Siyabonga Gama's axing here

While the story of Transnet CEO Siyabonga Gama's axing is being told as a court battle of a wronged executive at the hands of a reformist and pushy board, the real story is of how badly he has done his job.

The key performance area of Gama is to oversee the contract to buy new trains to kit out South Africa's freight rail system in order to improve exports.

The purchase of 1,064 locomotives is one of the biggest South Africa has ever made, but all four contractors are way off target and taxpayers have been milked for R37-billion by the mismanagement at Transnet, according to Public Enterprises minister Pravin Gordhan.

Daily Maverick has requested numerous interviews and comments from Gama by calls, WhatsApp message and through his lawyer. He has not responded.

While the accountability line...

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