Prasa Group CEO, Mr Tshepo Lucky Montana has been released from serving his notice period.
The decision comes in the midst of a controversy over the suitability of imported Afro 4000 locomotives that Prasa bought, in a contract worth over R600 million, from Spain. On 15 July 2015 the Board of the Passenger Rail Agency of South Africa (PRASA) resolved that Mr Montana will not be required to work the remainder of his notice period, which commenced on 1 June 2015. Mr Montana’s last day of employment with the PRASA was 15 July 2015.The Board is in the process of finding a suitable replacement. Until this process is finalised Mr Nathi Khena will be acting as the Group Chief Executive Officer. Mr Khena is currently Chief Operations Officer of PRASA and Acting CEO of Autopax.
The Board has scheduled a Press Conference for Friday 17th of July 2015, at 11:00 at Prasa House Hatfield.