has defended its Group CEO, Portia Derby, against what it called a misrepresentation of her comments.event on Friday, Derby reportedly said Transnet’s logistic problems, caused by vandalism and other factors, had forced mining companies to switch to trucks to transport commodities.According to Derby, mining companies chose this more expensive option to take advantage of the higher commodity prices.
“We have created the demand — our failure on one hand and also the demand of the mining industry has created the trucking industry,” she was quoted as saying by“For the vast majority of the truckers they are moms and pops, who when they left work took their pensions and bought a truck because there was an opportunity.”Derby has been highly criticised for her comments, with some arguing why she was concerned about the job losses in the trucking industry instead of fixing Transnet’s rail system.
Sangqu said suggestions that Derby said there would be major job losses once the company improved its rail services were inaccurate.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: News24 - 🏆 4. / 80 Read more »
Source: Moneyweb - 🏆 5. / 77 Read more »