Exxaro CEO adds his voice to SA Inc’s call for action
Mxolisi Mgojo’s comments come even as the company’s profit doubles in the first half of the year
22 August 2019 - 18:03
Exxaro Resources’ Mxolisi Mgojo is the latest CEO of a large listed company to express concern over the perilous state of the South African economy.
“We are worried about it and we are being impacted by it,” he said. For example, the completion of Exxaro’s plant expansion at its Grootegeluk operation has faced delays after it terminated Group Five’s contract in March when the company initiated business rescue proceedings...
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