Tag: Ocean Economy
Operation Phakisa reaches new milestones
President Jacob Zuma says the Operation Phakisa project has attracted billions of rands in investments since it was launched three years ago.
He said this when fielding questions in the National Assembly in...
SA, Norway tap into science to grow ocean economy
According to SAnews.gov.za South Africa and Norway are exploring new business opportunities in the blue economy and other innovative solutions to address global challenges such as rising poverty, inequality and increased demand...
The rehabilitation of Port Nolloth
In an effort to develop the country’s ocean’s economy – in line with the government’s “Operation Phakisa” initiative – Transnet National Ports Authority (TNPA) has started a multimillion rand infrastructural rehabilitation...
Operation Phakisa unlocks R17bn in economy
According to SAnews.gov.za President Jacob Zuma says more than R17bn has been unlocked in the economy since the launch of Operation Phakisa: Ocean Economy less than two years ago.
The initiative has further...
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Western Cape remains an attractive destination for foreign direct investment
Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...
