ocean economy

President Jacob Zuma says R7 billion has been committed to new port facilities. This follows the adoption of a Public- Private-Partnership model for port infrastructure development by Transnet National Ports Authority. Delivering his State of the Nation Address in Parliament this evening, President Zuma said government was concerned that South Africa did not own vessels while the country is surrounded by about 3000 kilometres of coastline. "Through the oceans economy segment of … [Read more...] about Two Thirds of SA bulk carriers registered in Port Elizabeth