NEWSMAKER
Rail woes, red tape strangling mining
Minerals Council chief economist says call for firings at Transnet was a 'cry for action'
05 February 2023 - 08:02
Minerals Council South Africa chief economist Henk Langenhoven says their letter to Transnet chair Popo Molefe in December demanding that Transnet CEO Portia Derby and Transnet Freight Rail CEO Siza Mzimela be fired for incompetence and mismanagement was "a cry for action" on the deteriorating performance of Transnet.
"It was a desperate attempt to stem the billions of rands of export losses being experienced by the mining sector", he says. "It's absolutely vital that efficiencies and capacity go up as soon as possible."..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.