The economy is expected to create a jobs boom if the country can fix its electricity grid and meet the increasing demand for local copper beneficiation
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Only 3% of reform work under phase two of the economic readjustment initiative has been completed, about 27% is delayed or off track, and 53% is under way
The AfDB says the country’s economy continues to underperform, weighed down by structural deficiencies that constrain the financial sector
Of South Africa’s 144 water service authorities, 105 are performing ‘dismally’, according to Minister Pemmy Majodina
Civil society says officials should break the cycle of grand promises and weak follow-through if Johannesburg is to be rebuilt into a world-class city
Trade, Industry and Competition Minister Parks Tau has invited new investors to take advantage of opportunities in the ‘rising’ province
The president said the fund would not be an additional burden to taxpayers because it would be financed by dividends from ‘well managed’ state-owned entities
In post-apartheid South Africa, the system has evolved but has fundamentally stayed the same, triggering an inter-generational cycle of displacement
The municipality says more than R35-million has been spent so far, but residents nearby say no workers have been on site since April
With more talk than action, a lack of technical expertise is holding the government back from delivery and causing an exodus of engineers from the country
The governing party wants localisation at the centre of its infrastructure-led strategy
This will help boost the economy, create jobs and give people decent housing, which is a basic right
Public-private partnerships and big infrastructure builds have been suggested as ways to boost South Africa’s flagging economy. Another option to consider is green bonds, which would also help achieve climate crisis goals
The bank manages the design and construction of key projects in education, health, housing and renewable energy
Are public-private partnerships capable of delivering real value or are they at risk of self-congratulatory spending and recognition?
Sanral is proud to be voted one of South Africa’s Top Employers 2019
The fire began burning again on Thursday, and the City of Johannesburg has called for reinforcements
Meeting the regional developmental agenda
The government is taking a number of steps to reduce the cost of doing business in the country, says Finance Minister Nhlanhla Nene.
Spending on infrastructure has more than doubled under the current administration and is expected to total R1-trillion by next year’s election.
Infrastructure remains the lynchpin of the government’s economic development plans. But government needs to do much better, according to Gordhan.
Opposition parties and analysts say they hope Pravin Gordhan will provide progress reports on government’s 2012 commitments in his budget speech.
Concerns persist over the government’s ability to implement and finance large-scale programmes.
The government wants more bang for its buck when it comes to provincial and local government infrastructure roll-out.
President Jacob Zuma has called on the European Union to partner with South Africa and invest in the country’s infrastructure development project.
Deputy President Kgalema Motlanthe says the pace of infrastructure development is lagging behind what the country needs to evolve.
An Investec economist says government’s planned R3-trillion spend on infrastructure must include the private sector if it is to lead to job creation.
Job creation and welfare initiatives aside, critics have warned of a bias towards big industry and the rich.
Finance Minister Pravin Gordhan has urged the business sector to get more involved in the economy through infrastructure and job creation projects.
Pravin Gordhan admits that the state’s ambitious development plans will come to nought without effective management by state institutions.
The state wants to keep the country’s debt levels down while also saving money across government departments.
The government is taking a tough-love approach to drive its bold, integrated R1-trillion infrastructure plan and the state will crack the whip.