HOD MAPPING WAYFORD AT NTI
The Head of the Department for Community Safety and Transport Management, Dr Hans Kekana accompanied by Chief Director for Corporate Services, Dr Ntlhopeng Dikobe had a meeting with the Management of Northwest Transport Investment (NTI).
The meeting sought to plan a way forward on turning the NTI around following financial challenges experienced by this government owned entity. This follows the removal of the Business Rescue Practitioner (BRP) by the Gauteng High Court on Thursday, the 21st of November 2024.
The Department through its legal team had filed for the removal of the BRP citing the failure to submit and publish the business rescue plan within the stipulated frame as guided by the business rescue processes.
On several occasions during the period of the BRP, the Department has had to intervene to ensure that employees are being paid by this entity that renders a passenger transport services in the eastern part of Bojanala and also operates subsided routes in Gauteng Province.
ENDS!!!