DStv Channel 403 Tuesday, 01 October 2024

SA Ports Crisis | Transnet slams World Bank report on port performance

Transnet slams world bank report on port perfomance

JOHANNESBURG - Transnet Port Terminals has responded to a World Bank Report that cited South African ports as the worst performing, globally.

TPT says there are several factual errors contained in the report. 

The parastatal says a recovery plan was implemented last October to improve operational and financial performance. 

READ: Discussion | Transnet in a financial predicament

Durban and Cape Town ports have seen an increase in container volumes. A 24-hour maintenance plan is in effect and contingency plans to improve performance. 

TPT says it will raise it's concerns with the World Bank.

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