Abstract:
The maritime transport remains the critical vein of the South African economy. The bulk of
the South African trade is seaborne and goes through the South African seaport system.
Thus, the development and maintenance of new and existing port infrastructure within the
South African coast remains a priority for the South African government.
Evidently in recent years there has been much added effort on the transformation of the
South African maritime sector by the South African government. The ultimate aim by South
African government is to ensure inclusive growth of the economy through comprehensive
participation of black business industrialists. Amongst many efforts, in 2019 the South
African government awarded a black-owned company called Mnambithi Group what is
known as the “section 79” directive to build a 100 000m3 bulk liquid storage terminal at The
Port of Durban. When the bulk terminal storage is finally built, it will be the first black
owned terminal in the history of South African and will have a positive impact on the entire
value chain and in terms of the country’s transformation agenda. This presentation focuses
on the Mnambithi Group services, transformation agenda of the maritime sector and the
economic benefits of the planned 100 000m3 bulk liquid storage terminal at The Port of
Durban.
