Partnerships the best route
Last month’s memorandum of understanding signed between Transnet and the Development Bank of Southern Africa (DBSA) to accelerate private-sector participation in its R300m market demand strategy may signal that the logistics company is making good on promises of real partnerships.
Transnet, now headed by acting CEO Siyabonga Gama, has previously mooted private-sector participation for the construction and possibly even operation of its R50bn-R75bn dig-out port in Durban. Getting private involvement to improve its railway network, however, has been a contentious topic.
More recently, the state-owned logistics company has identified a number of diversified opportunities for private participation in its rail operations. These include the manganese common-user loading facility in the Northern Cape, the Grootvlei coal loading facility in Mpumalanga and the Tambo Springs inland container terminal to be built
in Ekurhuleni, in Gauteng.