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

Cityboy is back: his tip to win big in financial services? Trade your soul

A former top-ranked City of London stockbroker has written a manual for winning at business, politics and life. There's just one catch: to follow it, you'd have to think like a psychopath. Geraint Anderson, the man behind the legendary "Cityboy" column, tells BizNews editor Alec Hogg why he built his…
30 Jul 9AM 32 min

R1-billion blended finance programme to transform real estate

In this interview with Chris Steyn, Alessandro Scalco of RMB Sustainable Finance shares the details of a R1 billion Blended Finance Programme to formalise and scale South Africa’s burgeoning affordable rental market. Rand Merchant Bank (RMB) has partnered with INDLU, a property financial technology company that empowers landowners to build,…
30 Jul 6AM 15 min

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min