Page 21 - Logistics News - Issue 01 - 2024.indd
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OPINION
This is the culmination of the initiatives that have difficulties and focus on the big-picture goals, which
been held in previous years and in very recent times, are transformation and empowerment.
including the Women in Transport Summit. This fund is
a specially thought out financing instrument that places Although the fund is designed to target road
transformation and empowerment above issues such as transport and logistics, sectors such as rail, aviation
qualifying criteria – often making it extremely difficult and maritime will form part of key industries. These
for black owners and emerging businesses to access actions are informed by the core mandate set out as
funding. part of the objectives of the private-public partnerships
formed to not only confront issues in the sector, but
We recognise that some of these businesses will to continuously take action to ensure sustainable
remain challenged in their quest to access scale and and consistent transformation in an industry that is
growth-enabling funding resources. We have thus extremely important to the development of South
decided to place our efforts on eliminating these Africa. •
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