Transnet ventures into privatization with major port operator
Katlego Sekhu In a groundbreaking move towards the privatization of South Africa's ports, Transnet has announced a Philippines-based multinational port operator as its equity partner for the joint venture to oversee the flagship Durban container terminal. However, the deal has sparked discussions about its feasibility and implications. Independent Political Analyst Khaya Sithole offered insights into the matter, noting that Transnet, as a state-owned entity, had historically operated with the capacity […]