The state-run Passenger Rail Agency (Prasa) has been placed under administration with immediate effect. Fikile Mbalula, minister of transport, announced the decision Monday morning during a media conference. Furthermore he stated that the immediate dissolution of Prasa’s interim council will also come into effect. Bongisizwe Mpondo was appointed as Prasa’s administrator . This decision comes barely a week after the South African Airways was put into business rescue.
According to Mbalula, the Department of Transport has conducted a review of Prasa over the past few weeks. On this basis, the Department has concluded that the entity faces numerous challenges that will require crucial interventions in leadership and management .
Maroela Media reports that Mbalula explaind that the mere replacement of an interim board with a permanent board will not solve Prasa’s problems. “So I decided to dissolve the interim council and put Prasa under administration,” the minister
Continue reading…