Transnet’s arch critic heralds its Durban Port’s Filipino partner as “best in world” скачать в хорошем качестве

Transnet’s arch critic heralds its Durban Port’s Filipino partner as “best in world”

Francois Nortje, director of NT55 Investments and developer of the Port of Gauteng, unpacks the watershed public-private partnership deal announced yesterday by Transnet. Nortje, the parastatal’s most vocal critic, is full of enthusiasm lauding Transnet’s selection of ICTSI, a reputable Filipino company which is one of the world’s leaders in this field - and valued at R135bn on the Manila Stock Exchange. He is not as excited about the second leg in the process, a similar partnership opportunity on rail connectivity, but reckons improving South Africa’s port infrastructure is a positive step towards levelling out the downward economic spiral of recent years. He spoke to Alec Hogg of BizNews. Video production by Asime Nyide Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. --- Timestamps 00:07 - Introductions 00:53 - Francois Nortjie on the reason he is interested in Transnet 03:08 - On Transnet's private sector partner ICTSI 04:56 - On ICTSI getting the nod over Chinese competitors and how that bodes for BRICS 06:46 - On Pier Two in Durban being the lifeblood of imports and exports 07:56 - On the likeliness that Transnet would want to run things on their own at some point in the future 09:06 - On the possibility that the ships on the Durban harbour will reduce due to a more efficient port operator 11:00 - On the rail traffic coming from the Durban harbour to Gauteng 14:31 - On the number of conditions the Filipino company have to adhere to to get the licence 17:01 - On what this all means for SA 19:00 - Concludes