INTERVIEW – Power 98.7: Andrew Pike discusses Transnet reworking private sector participation

Transnet has postponed the privatisation process for the container terminals at Ngqura and the container corridor between Johannesburg and Durban, a move that is likely to be met with cautious optimism. This move comes after potential bidders complained that the conditions attached to the tender were too stringent and costly for the private sector to fully participate. Ports, Rail and Logistics senior consultant, Andrew Pike, joins Power Business host, Noluthando Mthonti-Mlambo, to discuss this postponement.Â