South Africa’s ports, ranked among the world’s worst, are set for significant improvement within the next 12 to 14 months, according to Minister in the Presidency Khumbudzo Ntshavheni.
She stated that State-owned operator Transnet is committed to fixing the ports, which have been plagued by years of poor governance and infrastructure collapse.
Despite challenges, including an energy crisis and a collapsing rail system, the new multi-party government led by President Cyril Ramaphosa has started addressing key issues like power supply and water disruptions.
The administration aims to boost economic growth by implementing structural reforms and investing in infrastructure, with a goal to turn South Africa into a “construction site.”
However, with South Africa’s GDP growth averaging less than 1% over the past decade and a 32.9% unemployment rate, the pressure remains high.
Business Leadership South Africa CEO Busisiwe Mavuso has advocated for ports to be privately run and for a greater reliance on rail to alleviate bottlenecks and improve export performance.