PRASA appoints new CFO
The Passenger Rail Agency of South Africa (PRASA) has appointed Krishna Govender as CFO, effective immediately.
Govender is a chartered accountant and has almost 25 years’ experience in accounting and financial management, which he gained at various entities in both the public and private sectors.
Currently, he is part of the technical advisory team to PRASA administrator Bongisizwe Mpondo, as well as chairperson of the revenue enhancement and cost containment subcommittee of the PRASA group executive committee.
Govender has been tasked to reduce the State-owned public transport operator’s budget deficit.
The rail agency has over the past few years presented an unfunded budget, wherein projected expenses exceeded expected income.
Further, his immediate tasks will include improving PRASA’s finance policy deficiencies, finance systems and controls, document management system for group finance and turnaround times.
Govender succeeds Lesibana Fosu.
Mpondo comments that he expects to see great improvement in the group finance department and that he can already see how some of Govender’s interventions as the revenue enhancement chair have been fruitful.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation