Fin24 reports that President Cyril Ramaphosa indicated on Wednesday that he had directed Minister of Public Enterprises, Pravin Gordhan, and Minister of Trade, Industry and Economic Development, Ebrahim Patel, to intervene in respect of a go-slow at SA’s ports.
Ramaphosa was addressing MPs during his budget vote for the office of the Presidency. His speech focused on people-centred development and the importance of using state-owned entities as catalysts for growth and development. Ramaphosa said that Cabinet was concerned at reports of a go-slow at the ports, particularly in the Eastern Cape, where operations had nearly ground to a halt. A go-slow by staff at the Ngqura Container Terminal in Port Elizabeth has led to Transnet obtaining a court interdict in an effort to stop the action. "I have directed Ministers Gordhan and Patel to intervene and get our goods to their export destinations urgently. We cannot aim to grow an economy on the basis of exporting value-added products and then fail to meet our obligations to get goods to international markets safely and on time," said Ramaphosa. He also indicated that he was concerned about growing reports of planned retrenchments by businesses in SA. "We are engaging stakeholders and will be considering all available options to help our firms to retain as many jobs as possible without compromising their viability," Ramaphosa stated.
- Read the full original of Khulekani Magubane’s report on the above at Fin24
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