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private sector synergy

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Business

The Necessity for Private Sector Synergy in Cape Town’s Port Operations

by Thabo Sebata
January 15, 2024

Cape Town urgently needs private sector involvement in its port operations due to persistent inefficiencies and low global rankings. While the private sector is set to commence operations at the Port of Durban, the national government remains silent on fasttracking private sector involvement in Cape Town’s port. The city plans to assemble key players, including the private sector, to establish definite schedules and deadlines for a private sector alliance and leverage expertise, knowledge, and innovation to chart a sustainable path for growth and development. The move could result in additional revenue, job creation, and taxes within five years.

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