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The company strangling South Africa
South Africa's government berated Transnet, which runs the state freight-rail monopoly, for its poor performance, saying it's 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.
South Africa's government berated Transnet, which runs the state freight-rail monopoly, for its poor performance, saying it's 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.