South Africa Says Rail Firms’ Poor Performance Costs Jobs
- Transnet’s poor service is causing job losses, presidency says
- Coal, iron ore industries hindered by inadequate rail service
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South Africa’s government berated Transnet SOC Ltd., which runs the state freight-rail monopoly, for its poor performance saying its costing jobs in a nation where one in three are unemployed.
Michelle Phillips, who took over as Transnet’s chief executive officer in February, faced sustained criticism of the company’s failure to lift freight volumes from government ministers at a closed-door meeting held in President Cyril Ramaphosa’s presence on Tuesday, two people at the event said. They asked not to be identified as the discussions were private.