Economists estimate that the ongoing strike action by Transnet employees is costing South Africa billions of Rands, also warning that it could have a wider negative impact in that countries can lose confidence in ordering goods from South Africa. Concerns have been raised over the timing of this strike, as the country battles inflation and load shedding and the recent announcement from the International Monetary Fund downgrading its outlook for the country's economic growth for this year. For more on this, Elvis Presslin spoke to the head of logistics at Investec for Business, Denys Hobson