Mthethwa appointed ACSA CEO
Airports Company South Africa (ACSA) appointed its former Chief Financial Officer (CFO), Siphamandla Mthethwa, as its new Chief Executive.
Mthethwa will take over from 1 November 2026 about three years after leaving ACSA, where he served as CFO from 2020 to 2023. His appointment follows a cabinet decision last month on 23 September.
His return comes amid ACSA’s efforts to address concerns raised by Transport Minister, Barbara Creecy, Parliament’s Portfolio Committee on Transport and other stakeholders.
Mthethwa’s appointment also comes at a time when ACSA Board Chair, Irvin Phenyane, revealed that the company has launched a new operational turnaround initiative called Project Reignite to address operational challenges and improve customer experience.
“We have set ourselves 90 days between now and Christmas to do all the things that they had to do,” Phenyane said.
ACSA recorded a R1.99-billion profit before tax and R1.2-billion profit after tax for the financial year which ended in March 2026, but delivered R2.58-billion in capital expenditure against a planned R3.6-billion.
However, irregular expenditure also increased from R333.1-million to R400.3-million.
Charles Shilowa, who has been acting CEO since 1 July 2026, will remain in the position until the end of October this year.
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