JOHANNESBURG - Bombela will operate Gautrain services for the last time on Friday but a successor company has not been appointed.
The Gautrain Management Agency says the process to appoint a successor is likely to be concluded in the next four months.
The agency said train services will not be affected during the transition.
Gautrain CEO Tshepo Kgobe, said the process of appointing a new concessionaire would happen in the coming months.
READ | Gauteng to finalise new Gautrain operator as Bombela contract ends
"We are probably about four months away from making the announcement. But the collateral agreement in itself had already accounted for the space for us to be able to activate what's called a holdover for a period of six months."
However, commuters are assured that services will continue without disruption.
"Users of the service will at no point be left stranded, there should be no panic. We will have services like we've had services and we will conclude on time to be able to make sure that the successor is handed over and the processes continue."
The existing agreement with Bombela, which has been in place for almost 20 years, covered the design, construction, financing, operation, and maintenance of the system.