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KwaZulu-Natal Business 2016-17 edition

The 2016-17 edition of KwaZulu-Natal Business is the eighth issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide to the KwaZulu-Natal province in South Africa. The province is unique in terms of its abundant natural and human resources, and is also one of the key drivers behind the South African economy. To complement the extensive local, national and international distribution of the print edition of the magazine (15 000 copies), the full content can also be viewed online at www.kwazulunatalbusiness.co.za. Updated information on KwaZulu-Natal is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com, in addition to our other business-to-business titles that cover all nine provinces, complemented by our flagship publication, South African Business.

The 2016-17 edition of KwaZulu-Natal Business is the eighth issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide to the KwaZulu-Natal province in South Africa.

The province is unique in terms of its abundant natural and human resources, and is also one of the key drivers behind the South African economy.

To complement the extensive local, national and international distribution of the print edition of the magazine (15 000 copies), the full content can also be viewed online at www.kwazulunatalbusiness.co.za.

Updated information on KwaZulu-Natal is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com, in addition to our other business-to-business titles that cover all nine provinces, complemented by our flagship publication, South African Business.

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INTERVIEW<br />

Port of<br />

Richards Bay<br />

Preston Khomo, Port Manager of the Port of Richards Bay,<br />

sees the potential for his deep-sea port to claim a large<br />

slice of the international logistics market.<br />

Preston Khomo<br />

BIOGRAPHY<br />

A qualified geologist, teacher<br />

and community leader, (born<br />

and bred in Port Shepstone,<br />

<strong>KwaZulu</strong>-<strong>Natal</strong>), Preston Khomo<br />

was previously Chief Executive<br />

Officer at the Phalaborwa<br />

Municipality, he holds a B.Sc<br />

Honours from the University of<br />

Fort Hare, and a MBA from De<br />

Montfort University, Leicester<br />

in United Kingdom, and M.S<br />

from Alabama, USA. Preston<br />

has undergone a number of<br />

marine-related and executive<br />

leadership courses, including<br />

the Executive Development<br />

Programme at the Gordon<br />

Institute of <strong>Business</strong> Science<br />

(GIBS). Served Transnet at different<br />

OD’s, Terminal Manager<br />

at (SAPO) TPT, TNPA Head of<br />

Infrastructure and Port Operations<br />

Portcon and Senior Manager<br />

at the Port of Durban. As<br />

from mid-2012 was appointed<br />

as Port Manager.<br />

How did you reach the position of Port Manager?<br />

I spent some time teaching and working as a management consultant<br />

in South Africa and around the world as a qualified geologist. In 2002<br />

I joined the port environment as Terminal Manager, Transnet Port<br />

Terminals, which was then known as South African Port Operations. In<br />

July 2004 I was appointed as Head of Infrastructure Development: Port<br />

Operations and Consulting, TNPA, Richards Bay. Thereafter, I moved<br />

to the Port of Durban as Real Estate Manager. Prior to taking up the<br />

position as Port Manager, TNPA, Port of Richards Bay, I was in charge<br />

of the TNPA Ship Repair <strong>Business</strong> Unit at the Port of Durban.<br />

What is the present capacity of your Port?<br />

The Port of Richards Bay currently imports and exports a capacity of<br />

over 80-million tons per annum in commodity volumes across our terminals.<br />

The Port of Richards Bay has set itself up as a Port of continuous<br />

growth within South Africa. The potential areas for growth and expansion<br />

lie in the South African ocean economy, focusing on development<br />

as well as technology, thereby ensuring that the port contributes<br />

towards the development of the country's economy. Hence, it is poised<br />

to become one of the largest freight logistics groups and freight hubs.<br />

What major investment drives is the Port promoting?<br />

Transnet is investing more than R15-billion on immediate and mediumto<br />

long-term capacity improvement initiatives in order to expand<br />

and upgrade the Port of Richards Bay to ensure that the bulk port<br />

accommodates the growth in export demand. The intention for the<br />

investment is to expand the country’s main bulk port up until 2020.<br />

The investment opportunities range from agro-processing, chemicals<br />

and allied industries, aluminium production, metals, energy, mineral<br />

processing and forestry to timber-related products.<br />

What are some of the Port’s major successes?<br />

I am proud that the Port is enjoying the success of handling more<br />

than 60% of South Africa's seaborne cargo and is continuing to grow<br />

from strength to strength, in addition to introducing the National Ports<br />

KWAZULU-NATAL BUSINESS <strong>2016</strong>/<strong>17</strong><br />

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