Despite the World Bank Container Port Performance Index ranking the Port of Cape Town the worst out of 400, Transnet said it is working on improvements.
The Port of Cape Town has once again found itself under the spotlight after being ranked among the world's worst-performing container ports, a distinction business leaders and city officials warn is costing the Western Cape billions in lost economic opportunities.
Research commissioned by the Western Cape Government estimates that a more efficient port could unlock approximately R6 billion in additional exports, support nearly 20 000 jobs, generate more than R1.6 billion in additional tax revenue and provide a significant boost to the provincial economy.
Against this backdrop, Cape Town Mayoral Committee Member for Economic Growth James Vos says continued delays and inefficiencies at the port remain one of the biggest obstacles to economic growth in the province.
"The port remains one of the biggest constraints on economic growth in the Western Cape," he said. Vos's comments come amid renewed scrutiny of the Port of Cape Town's performance following the release of the latest global port rankings, which once again highlighted operational challenges at the country's primary export gateway for the Western Cape.
