Management overhaul

The National Ports Authority has been established as an independent, 100% owned subsidiary of Transnet in South Africa.

This new subsidiary “will separate the roles of the Transnet National Ports Authority, as the owner of ports infrastructure, and Transnet Port Terminals, as the terminal operator, which are currently operating divisions of Transnet,” explained the South African Government.

It added that the reform, announced by President Cyril Ramaphosa, together with Minister of Public Enterprises Pravin Gordhan and Minister of Transport Fikile Mbalula, “will enable the reinvestment of port revenues in port infrastructure and will ensure that terminal operators are treated fairly and equally, enabling greater private sector participation in terminal operations”.

The state will remain the sole owner of all port infrastructure through the National Ports Authority.

This measure is being implemented as part of the government’s broader strategy to enhance the performance of the ports and invest in the expansion and upgrading of port infrastructure.