Transnet – the lifeblood of the country's economy in its capacity as the freight and logistics operator, announced the creation of a special purpose vehicle with a foreign private company ICTSI to run the Durban Container Terminal port.
This announcement follows an extensive process that started in 2021 but had its genesis much earlier than that when the company's port performance declined gradually and then suddenly. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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