Finance · South Africa
Transnet Port Delays Cost South African Fruit Exporters Billions
Moneyweb · 2026/02/02
Summary
South African fruit exporters are facing significant financial losses due to delays at Transnet-operated ports. Strong winds, sometimes reaching speeds of 120 km/h at the Port of Cape Town, have led to operational shutdowns, causing vessels to divert to other ports like those in the Eastern Cape. These disruptions have created a backlog in shipping, delaying exports of perishable fruit. While the situation is improving as Transnet focuses on recovery efforts, the delays have already cost exporters billions in lost revenue. Exporters are struggling to manage inventory and maintain quality during these delays, affecting their competitiveness in international markets. The transport and logistics challenges also highlight the need for better infrastructure and more reliable port operations to support South Africa's export-driven agricultural sector.
OnABudget takeaway: Consumers might face higher prices for fresh fruit as exporters struggle with delays. Investors and small businesses in agriculture and shipping should watch for ongoing disruptions impacting profits and supply chains.