EXPLAINER | SA govt wants to start its own shipping company. These are the concerns | Business

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Government is progressing with plans to establish a state-owned 'preferred national shipping company' to provide international and domestic services. | Cartjoff News24_Business

Many of the problems experienced by exporters and importers relate to the ports rather than shipping companies.Government is progressing with plans to establish a state-owned"preferred national shipping company" to provide international and domestic services.

The Industrial Development Fund will finance the acquisition of"a strategic fleet" and Parliament will also appropriate funding for the SOE. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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Cartjoff _Business They are useless another disaster

Cartjoff _Business Like I said our government can't even organize a piss-up in a brewery, useless managers,great thieves

Cartjoff _Business RE-ESTABLISH

Cartjoff _Business That's Wonderful 👏👏👏👏👏

Cartjoff _Business Another platform for corruption to flourish

Cartjoff _Business So load shedding and no packages lol

Cartjoff _Business Oh dear heavens! Have they still not seen they cant provide anything at all?

Cartjoff _Business They can't even get post from one place to the next, how on earth are they going to get this right?

Cartjoff _Business VBS part 2....... Next.....

Cartjoff _Business That'd be a very good move

Cartjoff _Business Welcome development

Cartjoff _Business Just what SA needs - another state-owned company!

Cartjoff _Business What about the Post Office?

Cartjoff _Business They can't even manage the shit they have now they want to do this!

Cartjoff _Business Foolish move. Another failed run to failure venture just like Eskom and a whole list of others. It's an abuse of hard earned exorbitant tax money.

Cartjoff _Business Lol they can't even properly run postal services on land - will sea be any better

Cartjoff _Business Sorry we could not deliver your package due to stage 6 transport shedding. How about we use the available funds to fix our failing power grid before we start another government orginization destin to fail

Cartjoff _Business 😂 like Eskom_SA flysaa and many other failures?

Cartjoff _Business Just another looting opportunity loading......

Cartjoff _Business No. Please.

Cartjoff _Business Another trough to feed at?

Cartjoff _Business Oh f... Another gravy train

Cartjoff _Business Seriously! Every SOE is buggered! Suppose there must be huge kickbacks in this deal!

Cartjoff _Business Looting opportunity.

Cartjoff _Business Another loss making SOE vanity project doomed for failure! 'They' can't run anything successfully except into the ground!

Cartjoff _Business Please .. can you focus on the REAL issues

Cartjoff _Business Stop right now. Jokes this late in the year are not good for one's health. Seriously. I think you need to first fix all the mess created in other state-owned companies that have failed before you mess this up too. Enough is enough now. How much more money do you want to take?

Cartjoff _Business Eskom 2.0 SAA 2.0 SANRAL 2.0 Arms deal 2.0 Just another money skimming vehicle

Cartjoff _Business Omg, all the ships will sink due to lack of maintenance!

Cartjoff _Business Another failure… who got the tender who are the BEE partners follow the money to the conference or couch… come real journalists show us… or can the FBI maybe drop a file somewhere and tell us

Cartjoff _Business Very funny ... not... grow up anc...you could not manage a lemonade stand

Cartjoff _Business They want to resume bankrolling ANC coffers with state money. (BOSASA style)

Cartjoff _Business Another sinking ship ⚓...

Cartjoff _Business Why can't they fix Post Office first? Ideally that would be a good courier service that would easily reach villages. State funded could have meant lower prices too. That seems like a good place to start before going to ships

Cartjoff _Business Kind of confusing cos last time they were talking about selling our Harbours but in a disguised way by calling it 'private equity

Cartjoff _Business Can GOVERNMENT first fix ALL the parastatals they broke before looking to make money for the selected few again. Eish, wenna! People and Country first. Do we need to draw pictures?

Cartjoff _Business The ANC should test their business acumen with a Spaza Shop first!

Cartjoff _Business oh no don't please don't

Cartjoff _Business Wtf they failed SAA, Spoornet and Eskom how will they manage a shipping company ,

Cartjoff _Business I feel MEGA CORRUPTION loading!

Cartjoff _Business Lol. Is it 1st of April already? What a joke!!!

Cartjoff _Business Exactly why does the government want to get directly involved in shipping if not for looting purposes?

govt continually looking to establishing new. yet they can't run what they already own. SAA, Eskom, SABC....etc... they've destroyed everything. Prof Habib posted photos earlier from Umhlanga. Beaches empty at high season. Why? Cause ANC can't fix the water& sewer systems.

Cartjoff _Business Let the looting begins. Alongside NHI?

Cartjoff _Business Another MYANC state owned looting company! Because SAA is doing so well in their hands 🙄VoetsekANC AncIsCorrupt

Cartjoff _Business Consider it bankrupt

Cartjoff _Business Luckily they will steal all the money before it opens

Cartjoff _Business They'll steal the money here as well and blame pirates 😂😂

Cartjoff _Business Apartheid regime successfully built well functioning SOEs, democratic regime destroyed them. The establishment is possible only if we are having a willing leadership not hyenas leadership. Profitable organizations like eakom and SAA were destroyed, how will that one emerge.

Cartjoff _Business Omw! What else can we fail at? I know , we've done rail, road and air. Let's try sea. 🤦‍♀️

Cartjoff _Business Another sinking ship to add to their chest of failures... They will not stop until they have destroyed every industry anc

Cartjoff _Business 😂 what could go wrong….

Cartjoff _Business Out of the 10 plus parastatals drowning in debt, squabbles and malfeasance... They still wanna start something new!?

Cartjoff _Business But they don't have money for diesel at Eskom. South Africans should liquidate themselves if the vote for ANC in 2024.

Cartjoff _Business 🤣🤣🤣

Cartjoff _Business Pity it's only for subscribers. Gosh another pilfering pot loading not to mention less access to what's going to be coming in & out of SA. We still don't know what Russian ship offloaded in Simon's Town.

Cartjoff _Business They can’t even organise to fix potholes lol

Cartjoff _Business I Jonna mmawee that boat already sunk with the gargo.

Cartjoff _Business With what money? More loans from China? 😀

Cartjoff _Business Fix Eskom first!

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