PRASA trims wage burden by releasing three execs
The Passenger Rail Agency of South Africa (PRASA) has released three executives from their responsibilities as their contracts have come to an end due to effluxion of time.
“PRASA board would like to thank Rasheeque Zaman, Group Executive: Internal Audit, Zwelakhe Mayaba, Group Executive: Strategic Projects and Tiro Holele, Group Executive: CEO’s office for having been of service to the company. We wish them well in their endeavours,” PRASA said on Tuesday.
This past weekend, the rail agency Board announced that it had embarked on the review of contracts of executives and other senior managers.
“Pursuant to the review process, it transpired upon analysis of employment contracts of executives that some of them (executives) ought to have left PRASA years ago. All executives at PRASA are employed for a period not exceeding 5 years with no expectation for extension of the employment contract,” the agency said.
On 29 January 2021, the rail agency terminated the employment contracts of the following executives with immediate effect: Martha Ngoye, Group Executive: Legal, Risk and Compliance, Nkosinathi Khena, Chief Operations Office and Pearl Munthali, Chief Executive Officer of the agency’s foundation.
“Consistent with the recommendations from the Auditor General, this Board will ensure that systems are put in place at PRASA and the core business of running passenger rail is restored,” the rail agency said.