Ports authority puts feelers out for Transnet private investors - The Mail & Guardian

In a briefing, Gordhan told journalists that the ports authority — which was recently separated from logistics groups

Gordhan said the infrastructure plans “will create huge opportunities” by allowing the country to respond to increased export demand, particularly for commodities. Revenue from thehas recently helped cushion South Africa from the blows to its economy dealt by the Covid-19 pandemic and last month’s riots and vandalism in parts of KwaZulu-Natal and Gauteng.

“These reforms are in line with the structural reforms that the president and government have indicated will be forthcoming from Transnet and from other entities as well,” he said. Ramaphosa said: “This reform will have a direct impact on port users and our export industries. They will benefit from increased efficiency, lower costs and new investment in port infrastructure. It will also have an impact on the lives of ordinary South Africans, who will benefit from lower prices of goods and more jobs throughout the export value chain.”

All in private hands

They better improve eastern Cape ports the Durban one is risky to vandalism and road blockages

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Well I hope some of that is spent on bumping up their IT security

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