South Africa closer to port privatisation with 'game-changing' ICTSI deal
South Africa’s port authority has moved the sector closer to privatisation after striking a “game-changing” ...
It has been many years since Maersk acquired South African shipping line Safmarine, and since then the country has been without a national carrier. However, as the government struggles to turn around its struggling aviation and rail industries, it appears to be preparing to entertain the idea of creating a new South African shipping company, reports Business Live: “Transport minister Fikile Mbalula said in written replies to questions published in parliament last week that the government was looking into the establishment of a national shipping carrier as a means of building strategic national shipping capacity and capability.”
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