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Daily Archives

October 17, 2024

Transnet’s privatisation of Durban container port needs a do-over

The plan to hand over management of the Durban Container Terminal Pier 2 to Philippines-based International Container Terminal Services Incorporated (ICTSI) has hit its first snag. The Durban High Court last week issued an interim interdict that prevents port owner Transnet from negotiating, concluding and implementing the contract with ICTSI,…