The president of the Association of Port Operators of Mozambique (AOPM), Fernando Couto, revealed that the South African state-owned company Transnet is considering introducing new salaries for its workers in Mozambique and South Africa due to millions in losses.
Around 100 million meticais is the amount the rail transport company estimates it lost during the post-election demonstrations in Mozambique, which led to a halt in activities, including the blocking of borders for several days.
For the same reasons, according to NewsThe South African state-owned company reported to the AOPM that it paid an interest rate of one million dollars a month on its debt during that period.
"As far as we know, the company has held meetings with different unions to renegotiate salaries, but it hasn't worked and it continues to have high financial burdens," he said, quoted by the Newsafter agreeing to be aware of the financial losses of the cargo logistics company.
He said that operations at the ports of Beira and Nacala were running at normal levels because they had not been affected too much, as they were far from the epicentres of the demonstrations.
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