[Opinion] Privatisation at Transnet ports hits first snag on road to creating efficiency

The government’s plans to privatise SA’s busiest and biggest container terminal hit its first hurdle after a losing bidder challenged the appointment of a private terminal operator to revamp and run the facility for the next 25 years.

APM Terminals, a subsidiary of global shipping giant AP Moller—Maersk, is opposing the appointment of the successful bidder, Philippines-based International Container Terminal Services Inc (ICTSI), arguing that it would be a better partner to SA’s rail and ports company Transnet ...

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