South Africa’s logistics sector should be the engine of economic growth – yet it is weighed down by mismanagement, corruption, entrenched crime syndicates, unyielding labour unions, and crumbling infrastructure. The result is a bleak and unsustainable picture.
In response, the private sector has been forced into a survival mode, quietly fixing what it can and actively finding ways around the dysfunction. Operating on the principle that it is often “easier to ask for forgiveness than permission,” businesses across logistics industries are taking matters into their own hands simply to stay afloat and keep contributing to an economy in decay.
It is in this context that private participation across Transnet assets is such a glimmer of hope for logistics industry, and for the South African economy.
South Africa’s move – albeit…