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Transnet pursues new private sector partnerships at two ports

# Transnet Port Terminals is pursuing two major private sector partnerships to expand capacity and improve efficiency. CEO Jabu Mdaki says the initiatives target the Ngqura manganese export corridor in the Northern Cape and the Richards Bay dry bulk terminal in KwaZulu-Natal. The division is investing about four-billion-rand annually in equipment and reported a six-percent revenue increase in the current financial year. Transnet also plans further partnerships at underperforming terminals, while addressing operational disruptions at Durban gateway terminal following the introduction of new technology.