PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
Getnews Eastern Cape
 
Comments: 0
Article views: 128
 
 
Latest Badges:

 
View all Getnews Eastern Cape's badges.
 

Eastern Cape to be partner in Oceans Economy

04 July 2014, 13:09

The Department of Economic Development, Environmental Affairs and Tourism has been selected as a partner in the development of the implementation plans to unlock the potential of the Oceans Economy nationally, MEC Sakhumzi Somnyo announced today.

He told the Bhisho Legislature during his Policy Speech that the department would be committing a full time resource to this initiative.

The MEC said it was “regrettable” that while the Eastern Cape has one of the longest coastlines in the country, the marine (oceans) economy was a sector that has not received a lot of focus.

He said that the National Department of Environmental Affairs had in 2013 released a study that indicated that South Africa’s marine resources could be optimised to realise an additional GDP of R129 to R177 billion and approximately one million jobs by 2033.

Pointing out that some sectors in the ocean economy “will achieve their potential through current policies and plans other sectors will require individual strategic and implementation plans to unlock their potential value.

“For these sectors, the National Cabinet has approved the development of detailed implementation plans with the objective of accelerated growth.”

The MEC said the South African government had also entered a partnership with the Performance Management and Delivery Unit (PEMANDU) of the Malaysian government to conduct and oversee ‘’LABS’’ in SA.

A ‘’LAB” was a methodology used by PEMANDU in Malaysia to achieve Big Fast Results (BFRs) though a structured approach and stringent deadlines.  

Marine and aquaculture development, he said, were areas that warranted attention as they had the dual benefit of environmental protection and economic benefits, adding that there has been increased interest in aquaculture farming in the Coega and East London industrial zones and “market potential is abound”. 

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Diego Singer
Policemen are being killed

I'm sure "Dojos", the training clubs, will do it "pro bono" self defence training for the police. Read more...

0 comments 17 views
Submitted by
Chris Khanye
Minister says SANDF ignorant

The SANDF is so ignorant it’s possible for that organ of State to also hire a jet owned by El Chapo. Read more...

2 comments 91 views
Submitted by
Gail Shorkend
Takkie tax day

I am so pleased that it is takkie tax day. It is a wonderful idea. To help people that are not fortunate like myself.  Read more...

9 comments 586 views
Submitted by
Lesego Setou
8 ways to nonsense proof your hea...

I honestly don’t understand married people who cheat, do they at some point in their lives forget how stressful, draining, boring and of course exciting dating can be. Read more...

2 comments 367 views
Submitted by
Marc Rabie
People are motivated to remain st...

We should start insisting on quality information. Especially from sources within cyberspace.  Read more...

158 comments 555 views
Submitted by
SydneyG
Manzandonga!

I saw her, She was glued to her monitor. I moved to her right to greet her: she glanced at me with an intrepid smile... Read more...

3 comments 407 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2015 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.