Cape Town’s port is facing significant operational inefficiencies and a loss of appeal that jeopardizes its productivity and international reputation, leading to demands for private sector participation in port operations. The potential advantages of involving the private sector include an additional R6 billion in exports, around 20,000 direct and indirect employment opportunities, and over R1.6 billion in extra tax revenue over five years. The restoration of Cape Town’s port is crucial for paving a sustainable path for growth and development in Cape Town, and the city is urging the federal government to define a concrete timeline for private sector engagement.
