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    News Logistics & Transport Shipping

    SA is only Brics nation without maritime policy

    SA was the only country in the Brics bloc that did not have a maritime policy or strategy and that owned no ships‚ Transport Minister Dipuo Peters noted in the annual report of her department.

    The country paid about R34bn last year to other countries to carry its outbound and inbound cargo.

    The minister said this deficiency would have to be addressed this year.

    The report said the department was developing a set of policies to increase investment and economic participation in the sector.

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

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