Exxaro Resources CEO Mxolisi Mgojo has singled out recent unrest in SA and poor rail performance among local dynamics that are “clearly negative” to immediate operational stability and long-term investment efficiency and attractiveness, and have to be tackled with urgency.

At the release of the miner’s strong interim results, and the declaration of a record interim dividend, Mgojo said social instability as demonstrated by riots and looting in parts of the country in July, as well as the Covid-19 pandemic and chronic cable theft on the Transnet Freight Rail, need to be tackled “separately, holistically and with urgency”...

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