Does SA really need a state-owned shipping company?

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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.

 

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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

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