TRANSNET: PRIVATE SECTOR PARTICIPATION NOT PRIVATISATION

It was made clear earlier this year when Pravin Gordhan, South Africa’s Public Enterprises Minister said: “Transnet is not being privatised. Nothing within Transnet is being privatised. However, we are being faced with the reality that Transnet will not be able to fund every aspect of its plans for investment in development and maintenance,”

ARIA suggests Transnet is eff ectively limiting the potential for private sector investment in rail operations – shape of things to come in the port sector?

It was made clear earlier this year when Pravin Gordhan, South Africa’s Public Enterprises Minister said: “Transnet is not being privatised. Nothing within Transnet is being privatised. However, we are being faced with the reality that Transnet will not be able to fund every aspect of its plans for investment in development and maintenance,”