We know what’s coming and we are prepared.
🇿🇦🚢 Just in time to go through South Africa's ports that the ANC government has run into a nightmarish state of chaos and disfunction.
🔸The container backlog at our 3 major ports stood at 100 000 at the beginning of December.
🔸The congestion crisis at South Africa’s state-run ports has resulted in cargo ships having to wait 215+ hours at Port Nqura and 32 hours to enter Port Elizabeth port. Meanwhile, the wait to enter the Durban port stood at 227+ hours at the end of Nov.
🔸According to the state-owned enterprise in charge of South Africa's ports, Transnet, this severe shipping backlog will only be cleared by February or March 2024.
🔸The situation has become so dire that the CEO of Transnet described it as "Rome is burning"
🔸“The average South African [doesn't] realise what a complete and utter catastrophe Transnet is. It is way worse than Eskom (state-run power monopoly)"
If you missed it👇
Top AI Executives are now officially anticipating a large-scale event, most likely a cyberattack, that shuts down access to financial services, internet connectivity, and even power and water. We need to prepare for this scenario right now.
Watch here:
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