South Africa is mostly reliant on foreign governments and companies for essential imports and exports. As a result, a national shipping company could shield the country from supply chain disruptions, said the department.
The department’s aim has been to, through consultations, take steps toward the establishment of a national shipping carrier as a ‘strategic pillar in the revival of the maritime transport industry.’ According to the bill, the South African Shipping Company will be under the authority of a minister chosen by the president, who would, in turn, appoint a board that then designates a CEO.The shipping company is set to own and manage a fleet of vessels, either bought or built, that will work alongside and aid logistics services and infrastructure.
Red flags. They need a means to ship their contraband - cigarettes drugs etc.
Please not!!! We cant deal with another Zondo report issue
Say what!
The first fleet of cargo carriers they build.
They had one. Actually, an entire shipping NETWORK. Transnet. And they have stripped it in it’s moer in. Now what?
Because the ANC are doing such a great job with the other SOE's? I mean name one thats not destroyed yet? Cashcows that keep taking taxpayers money
Can’t get basic rail transportation going , now ships . MbalulaFikile PresidencyZA . Tenders loading not forgetting naming ceremonies.
The state cannot a post office, what more a shopping company.
The state cant even run our 4 fisheries patrol vessels! Perhaps they are correctly comparing it to an 'SAA'! It beggars belief that the same lot who have destroyed SA ports, water infrastructure, roads, rail, SAA ... etc etc etc, now have the gall to even mouth this shit!
Fail
Makes sense considering the fact that we have had such huge success in running other state owned enterprises which have not been a burden on the discus.
JvanLogg Where are the big plans to deal with corruption? We are at war and people are dicking around like this?
Ffs! The country is already broke and now they want to throw another few 100 Billion down the drain!?🤦🏼♂️
Rail infrastructure! Lets get that right first. Focus on the fuckup already there, don't create more!