Transnet has appointed Tau Morwe as acting Group Chief Executive with effect from 1 November 2018 to 30 April 2019.
Morwe will also serve as a member of the Transnet board.
The appointment of Morwe was approved by shareholder Minister of Public Enterprises, Pravin Gordhan.
Morwe brings with him a wealth of experience garnered during his previous tenure at Transnet. He joined Transnet in 1997 and ratcheted up 17 years of service with the company. He served as CE of three Transnet divisions, namely National Ports Authority, Freight Rail and Port Terminals.
Morwe spearheaded South Africa’s quest to improve the country’s port system for more than a decade, including establishing and entrenching Transnet Port Terminal’s strategic role within Transnet as the division’s first Chief Executive.
In addition, Morwe led the Port Management Association of Eastern and Southern Africa (PMAESA) from 2011 to 2014.
He strengthened relations among member ports and promoted regional cooperation and integration.
His service was invaluable to the country, ensuring that South Africa continues to play its role in growing regional economies.
Morwe has also served as a board member of several entities, including KwaZulu-Natal Trade and Investment, the Durban Chamber of Commerce and Industry and the Agriport Partnership.
He is a BA Economics graduate from Howard University in the USA and also holds qualifications from the National University in Singapore.
Subsequent to his departure from Transnet in 2015, he has served extensively as a transport and logistics consultant in South Africa as well as on the rest of the continent.
Morwe’s crucial appointment will ensure that Transnet strengthens and consolidates its governance procedures, adding much-needed impetus in ensuring that State-run institutions are well-governed and serve the people of South Africa.
Transnet is wholly owned by the government of the Republic of South Africa. The company is uniquely positioned to provide integrated, seamless transport solutions for its customers in the bulk and manufacturing sectors.
This is part of its drive to improve the efficiency and competitiveness of the South African economy. - SAnews.gov.za