Public Enterprises Minister Lynne Brown says Siyabonga Gama has been appointed by Cabinet to head Transnet.
Gama has been acting in the position since April last year.
He succeeds Brian Molefe, who was appointed Chief Executive Officer of Eskom last October.
Brown says Gama has the necessary experience to run the parastatal.
“Mr Gama has 14 years in most of the companies of Transnet, and of course Transnet is one of our best performing state-owned companies and I am pleased that Cabinet has agreed to his appointment.”