The DA-led Western Cape provincial government has opposed the national government’s bid to establish a shipping company, arguing it would further drain the stretched national fiscus.
Western Cape finance and economic opportunities MEC Mireille Wenger said on Wednesday the province had registered its objections to the SA Shipping Company Bill after the national transport department called for public comment...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
State owned anything should be poo pooed. They couldn't make a baby shit at this stage.
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Western Cape objects to plans for state-owned shipping companyDA-led provincial government points to dire state of existing SOEs and the lack of funds to justify the proposal Good move !
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