Weekly Press Review – 15 May 2017

The Western Cape ANC has called for an immediate suspension of the provisional rights allocation of West Coast rock lobster, calling for an urgent engagement with Department of Agriculture, Forestry and Fisheries (DAFF) minister Senzeni Zokwana.

According to the press the party says that they have been flooded with desperate calls from communities along the West Coast, Cape Town, Overberg and the Southern Cape.

ANC provincial executive member Linda Moss says, “The fundamental flaw in this process is that DAFF has not declared what the total allowable catch (TAC) for this sector is …. Normally there is a consultation process regarding the TAC split every year.”

A senior Sasol executive has voiced concern saying that the government should immediately resolve the uncertainty around the introduction of clean fuel specifications in order to ensure the sustainability of an industry that is a significant contributor to job creation and economic growth.

According to the press Sasol executive vice president of energy business, Maurice Radebe says that the industry contributes 8.5 percent to the country’s gross domestic product (GDP)

“Let us do our best to protect (the petrol and liquid fuels) industry for the sake of the economy,” says Radebe.

Weekly Press Review – 30 January 2017

According to the press, chemicals and energy group Sasol’s share price fell 3.02 percent to R409.26 on the JSE this week. This after the company announced an expected 44 percent drop in its headline earnings.

The company has attributed the fall to currency losses and a strike at its Secunda mining operations.

The NSRI were in action this weekend. According to the press three crew-members were rescued and treated for shock after their ski-boat, the Mi Lady, capsized off Strand Beach.

The three Strand residents were in the water for more than an hour before they were rescued.

In a separate incident two men, aged 44 and 53, were rescued from a sinking yacht that they were transporting from Durban to Mossel Bay. The NSRI were once again called to action. The rescue involved the use of an NSRI rescue vessel, as well as an NSRI rescue helicopter.

Also making headlines this week was a shooting incident between to suspected perlemoen smuggling gangs, which took place near Gansbaai, resulting in the death of one of the gang members.

It is suspected that the violence between the gangs broke out due to inflated pricing of poached perlemeon by one of the gangs.

Cape Town maritime enthusiasts were treated to a splendid sight this week, as the Queen Mary 2 visited Table Bay Harbour for a brief two-day visit.

According to the press the 14 year-old vessel is the world’s only operational ocean liner (not cruise liner) and was originally built in 2002 to replace the ageing Queen Elizabeth 2.

Weekly Press Review – 16 September 2016

 Residents of the Overberg region are rejoicing this week as the Western Cape parliament is to finally address the issue of perlemoen poaching in the area.

According to the press, Debbie Schaffer, chairman of the committee for economic opportunity, tourism and agriculture in the provincial parliament said that she has invited representatives from the Department of Agriculture, Forestry and Fisheries (DAFF), security institutions and experts from the perlemoen industry to address the committee with regard to the problem of perlemoen poaching as early as next week.

 Twelve fishers were forced to abandon ship when their vessel ran aground in Port St Francis this week.

According to the press the 48-foot Barcelona ran aground after facing strong winds and waves up to four metres. The crew sent out a mayday at approximately 3.44am. The Maritime Rescue Coordination Centre (MRCC) and the National Sea Rescue Institute (NSRI) responded to the incident, along with various vessels in the area. By the time help arrived, the crew had managed to get ashore.

The captain of the Barcelona was treated for shock and hypothermia, but all other crew members were in good health, except for minor cuts and bruises.

The South African Maritime Safety Authority (SAMSA) is investigating the incident.

According to the press Sasol’s operations remain under pressure this week due to low global oil and commodity prices. The listed energy and chemicals group’s earnings have decreased by 55 percent for the year to 30 June.

In response Sasol has implemented a business performance enhancement programme and oil price response plan. The aim is to achieve costs and achieve cash savings.

Sasol joint chief executive, Bongani Nqwababa said that the company’s cost reduction and cash savings initiatives were exceeding targets, placing the group on a sound footing as it geared up its balance sheet.