The City of Cape Town (CoCT) is exploring the potential of private sector participation in the Port of Cape Town following Durban Port’s partial privatization. The announcement of partial ownership and operation of Durban’s port by the Philippinesbased International Container Terminal Services is a first for South Africa’s stateowned ports and rail company, Transnet.
In a recent move that reflects South Africa’s openness to investment and trade, Rand Merchant Bank (RMB) has established a presence in the heart of New York City, reiterating its longstanding economic ties with the United States. ### South Africa’s Unique Position Among Emerging Markets
