Transnet appoints Siyabonga Gama as new CEO

South African logistics company, Transnet, has appointed Siyabonga Gama as its new chief executive following the secondment of former head, Brian Molefe, to sister firm, Eskom.

Gama, a prominent member of South Africa’s ruling party, the African National Congress (ANC),  will make the step-up from chief executive of Transnet’s freight rail division following 21 years in the company.

He has previously headed the state-owned enterprise’s National Ports Authority segment, which is responsible for managing and governing seven of South Africa’s major seaports.