As rail performance continues to deteriorate, Exxaro Resources said industry has engaged enough with Transnet, and it is now up to the state-owned logistics company to get its house in order and address its inefficiencies.
"The underperformance of Transnet is prolonged and beyond our expectations," said Exxaro CEO Nombasa Tsengwa."There has been enough interaction between ourselves as the industry and Transnet, within the Minerals Council South Africa, where we've outlined very clearly where we believe the inefficiencies are. And we believe that it's time for Transnet to meet us halfway and make sure that those inefficiencies are dealt with.
While Transnet Freight Rail is battling against a locomotive shortage and cable theft, Tsengwa says its own inefficiencies had affected railing performance, the deterioration of which has caused miners to lose out on billions in export opportunities.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.