The resignation of Transnet group CEO Portia Derby now leaves vacancies at SA’s two critical state-owned entities, Transnet and Eskom, that Public Enterprises Minister Pravin Gordhan is tasked with filling.
Recent data suggest that South Africa is heading for a larger-than-expected budget deficit this year, as government revenue from tax collection is declining on the back of severe Eskom blackouts and logistical constraints by Transnet while its expenditure rises.