WHAT’S GOING ON WITH THE PRIVATISATION OF OUR SA PORTS?
That’s a question I field from clients weekly, and we’re finally starting to get some clarity on why this is taking so long.?
A big thanks to Daily Maverick & Tim Cohen for following this story, and shedding some light on the situation.?
As I always say:?We used trucks to circumvent the breakdown in our SA rail network.?We used solar panels to supplement the lack of electricity supply by Eskom.Boreholes are being drilled on the daily amidst concerns about water supply & quality.?
But what do we do if our ports continue to fail? I can't see a feasible workaround for this. So it’s imperative that we fix it!?
Industry news is that SAAFF chief Juanita Maree is doing a lot of work behind the scenes, to drive the importance of the issue.?Equipment is on order (Which takes time to procure and?ship?- the irony isn't lost).?
We need to be patient, work with what we have - and so we wait in anticipation of the improved operating efficiencies in our ports.?
But the question is constantly asked - what happened to that private investment deal that was struck??
Enter the issue of the Philippine based ICTSI, prepared to take a minority stake (49% I believe) in a South African Parastatal.?
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Below is the article I referred to - which highlights the court interdict that is now on the go.
Maersk, appear to be contesting the deal on a frivolous basis. Which seems to be impacting South Africa as a whole - as I see it.?
I tend to agree with Tim’s conclusion in the article; "I think the court should reject this application, and do so quickly.?I'm not a judge, there may be more to this case than meets the eye…"South Africa is in the most positive space we’ve been in for over two decades. Improvements in our infrastructure, and a government that is easy (easier) to do business with would really increase the impetus. Imagine Elon gets a deal over the line with Cyril.?
The opportunities are boundless. And we could all do with a thrust in the right direction.?
Here’s hoping that these court proceedings are wrapped up quickly - and we can move forward.Nkosi Sikelel’ iSouthAfrica.
Logistics Specialist | Personalized Import & Export Solutions | Air, Road, Sea Freight | Client-Focused Service
4 个月Agree!
National Vertical Lead, Consumer - DSV Global Transport and Logistics
4 个月Yes, I agree, we need progress now more than ever, challenging is now delaying much needed progress.