Does SA really need a state-owned shipping company?

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

SouthAfrica is alone among Brics nations in not having its own ships, which makes it vulnerable to supply disruptions, says the DoT. Moneyweb

Government has tabled a bill to establish a state-owned SA Shipping Company , ostensibly to protect the country against supply chain disruptions. Just as South African Airways was the national air carrier, Sasco would be the national shipping carrier.

“You need scale if you are going to do this competitively, and we are talking here about a very small fleet of ships,” says Pike. “It would be difficult to get customers to use this service unless you force people by legislation to carry a certain percentage of cargo at freight rates, which I doubt will be competitive – and that in itself might be seen as anti-competitive.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Really? 'Vulnerable to supply disruptions' ......? So maybe fixing the Transnet rail network, the road network and all of our ports should be a priority?

I see the mouths water PresidencyZA of your out-of-control cadres at MYANC

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Oh No – There’s Talk Of A State-Owned Shipping CompanyEskom, Transnet, the SA Post Office, PRASA, SAA, Denel - names that haven't exactly covered themselves in glory. Will we be adding another soon?
La source: 2oceansvibe - 🏆 43. / 51 Lire la suite »

BREAKING NEWS: Ethos Private Equity spins out black-owned investment firmInfinite Partners will comprise key members the Ethos mid-market fund's investment team The irony of the picture 😂
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

FNB launches R200m Vumela fund to grow small businessOn Tuesday FNBSA launched its fourth Vumelafund, worth R200 million, which aims to offer alternate financing to 150 black-owned businesses and create 1 000 jobs. Moneyweb BusinessNews NtandoThukwana
La source: Moneyweb - 🏆 5. / 77 Lire la suite »

Free State roads offer a pothole every 29m, driving away business‘There are some places where the road is more gravel than tar … It is probably better to rip out all the tar and make it gravel’ Is there anything you did not screw up? MYANC Magashule_Ace DrAceMagashule And Fikile will celebrate the filling in of one pot hole on a dirt road.
La source: BDliveSA - 🏆 12. / 63 Lire la suite »