SA courts private sector to revive rail network, Maersk contests Transnet’s pick for partner
South Africa is partnering with the private sector to breathe new life into its rail network, marking a significant shift in strategy. The Department of Transport has engaged Business Unity South Africa to establish a dedicated office, acknowledging the need for corporate expertise to revitalize freight and passenger services. This collaboration aims to overcome challenges that have plagued state-controlled rail services. Concurrently, Maersk A/S is contesting Transnet SOC Ltd.'s choice of partner for sub-Saharan Africa's largest container port, highlighting the growing importance of fair and transparent processes in state-owned enterprises' privatization efforts. Transnet is defending its selection process, while ICTSI, backed by Filipino billionaire Enrique Razon, stands firm in Durban's container terminal bid.
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By Antony Sguazzin
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