Manufacturing lobby group bemoans ‘unwelcome’ port tariff rises
Industry advocacy organisation Manufacturing Circle has slammed as “unwelcome” the move by Transnet Port Terminals (TPT) to increase tariffs by 9.25%.
Executive director Coenraad Bezuidenhout said TPT should review the increase in light of the impact on manufacturers, many of which depended on imports and exports for their competitiveness.
“Transnet should in principle review this increase if it does not want to be the source of further job losses in the economy. In the long run, there needs to be an urgent review of the regulatory regime that results in such inappropriate cost increases at such an inappropriate times,” he said in a statement.
Manufacturing Circle warned that manufacturers were already being rocked by the protracted unresolved strike in the platinum sector, which had amplified weaknesses in the domestic market.
High logistics costs, Bezuidenhout added, contributed to South African manufacturers finding it difficult to increase export volumes despite the rand’s recent weakness.
On March 28, the Ports Regulator of South Africa determined that the Transnet National Ports Authority could raise all cargo dues by 5.9% from April 1, while bulk cargo dues for coal, manganese and iron-ore were increased by 8.15%.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.
VISIT SHOWROOM
John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
