Francois Nortjé: R10bn Port of Gauteng has potential to make Portia Derby's year

Loading player...
The word port is usually associated with the coast and the sea, but developer Francois Nortjé has chosen the name port for his new ‘Distribution Junxion’, which according to his website, will become a ground breaking inland port that sits on the entry and exit points for imports into and exports out of Gauteng.” Up to now, Transnet has controlled the railways, ports and pipelines in the country and the Department of Public Enterprises is the sole shareholder on behalf of the Government. But in his turnaround plan for the economy, Finance Minister Tito Mboweni indicated in August this year that he wants to introduce competition in ports and rail and encourage private sector participation. Third-party access would be granted to the rail network. Nortjé wants to capitalise on this and has found just the right piece of land to build his inland Port of Gauteng. He told Alec Hogg that his company plans to cut the current turnaround for transport containers which take four days at City Deep/Kaserne’s inland terminal to an hour. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Feb 2020 8AM English South Africa Investing · Business News

Other recent episodes

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min

Mchunu, Mrs Matlala, Maumela, Mudzinganyama - and Meyer…

In their weekly chat, Chris Steyn and political commentator Solly Moeng talk about the second seizure of of electronic devices belonging to Special Leave Police Minister Senzo Mchunu; the arrest of tenderpreneur Cat Matlala’s wife, Tskanane; the rape case against suspended Deputy National Commissioner Shadrack Sibiya; the latest testimony at…
23 Sep 6AM 24 min

Ian Cameron: General Sibiya on charges of rape, sexual grooming, human trafficking…

In their latest interview, Chris Steyn and Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, unpack a day of high drama with the court appearance this afternoon of suspended Deputy National Commissioner General Shadrack Sibiya who is now facing charges of rape, sexual grooming, and human trafficking. The…
22 Sep 1PM 10 min