TROUBLED WATERS
In the ever-evolving landscape of global trade and logistics, the efficient functioning of ports is critical to the economic well-being of nations.
Unfortunately, South Africa’s Transnet is facing turbulent waters, particularly in the procurement process, where onerous PFMA (Public Finance Management Act) requirements are posing significant challenges. The repercussions of this struggle are most evident in the beleaguered Durban port, which has long been plagued by inefficiencies, showing no
