BizNis Africa
Latest News
Afreximbank Board Members inspect Harare Regional Office new site
Members of the Board of Directors of the African...
Afreximbank announces Development of African Trade Centres
The African Export-Import Bank (Afreximbank) has embarked on a concept...
Africa50 signs development agreement with Senelec in Senegal
At its second annual Shareholders Meeting in Dakar, Africa50,...
Facebook in South Africa used by 29% of the population
Social Media use has intensified among South Africans during...
QNET to create new entrepreneurship opportunities in Tanzania
QNET, a company of Asian heritage and a part...
Patrice Motsepe listed on Forbes 100 greatest living business minds
To celebrate Forbes centennial, the publication has listedan A-to-Z...
FSDH Merchant Bank announces key investment by AFIG Funds in Nigeria
FSDH Merchant Bank, a financial services group in Nigeria,...
First time car buyer checklist
Owning a car is one of life’s milestones, bringing...
Nigerian industrialist Aliko Dangote speaks at Bloomberg Global Business Forum 2017
On the sidelines of the United Nations General Assembly,...
PwC report – user experience takes centre stage in Africa’s media industry
Amid shifting consumer preferences, rapid advances in technology and...

About 60 maritime economic sector principals gathered in a networking session organized by SAMSA in Cape Town

Operation Phakisa Ocean Economy, South Africa’s maritime economic sector development programme, will need to speedily live up to its name and hurry up sooner than later if it is to draw any significant investment into the sector, in the process laying conducive conditions for business development and job creation, warns Christopher Sparg,  Dormac Marine and Engineering Managing Director.

He was speaking during a SAMSA organized industry networking session held in Cape Town.

Sparg was among 60 odd maritime sector industry principals gathered for the event in Kalk Bay on the eve Zuma’s SONA speech and in which he was expected to share Government’s perspective and goals about the specific programme.

The idea, according to SAMSA was to allow for the sharing of views and engagement with Government policy owners many of who were in the city for the opening of Parliament.

In his speech, Zuma made reference to Operation Phakisa as among key priorities areas of government’s focus in overall economic development activity.

Highlights of planned action included the inclusion of marine tourism as part of the package, and also the dedication of Simonstown as the government garage  for all state-owned vessels, including the maintenance and repair of government-owned vessels, through the newly established South African Navy/ARMSCOR/Denel partnership.

From a maritime economic sector industry perspective however, the launch of Operation Phakisa (Ocean Economy) in 2014, essentially to speed up processes towards unlocking bottlenecks and creating a conducive environment to increased investment, business development and job creation, was simply not living up to expectations, charged Mr Sparg.

“We’ve yet to experience the speed about which Operation Phakisa was launched,” says Sparg, adding that this was leading to uncertainty and frustration among especially those already invested in the local economy.

Sparg leads Dormac Marine and Engineering, a division of Southey Holdings that is a major player in the country’s ship repair, industrial fabrication and oil and gas maritime fields.

Leave a Reply

Ver peliculas online
%d bloggers like this: