South Africa has released a draft law that will facilitate the creation of a company to house Eskom, Transnet and other SOEs.
Browsing: Transnet
Government intends to shut down the department of public enterprises next year.
South Africa could dramatically boost economic growth if the country fixed problems at Eskom and Transnet, the IMF said.
Africa’s biggest harbour will be partly owned and operated by the Philippines’ International Container Terminal Services.
Instead of kowtowing to government, business should insist the state steps aside, the Free Market Foundation has argued.
Government expects private companies to add more than 4GW of electricity generation capacity to the grid by the end of 2024.
The rail line running from Durban to Johannesburg ran at 25% of its capacity over the past week.
Karpowership has secured government permission to moor its ship-mounted power plants at three of South Africa’s harbours.
South Africa will exempt Eskom from having to report irregular spending to avoid harming the company’s credit rating.
Business output fell for the third straight month, weighed down by rotational power cuts and port strikes.