Pravin Gordhan admits that the state’s ambitious development plans will come to nought without effective management by state institutions.
The government is taking a tough-love approach to drive its bold, integrated R1-trillion infrastructure plan and the state will crack the whip.
President Jacob Zuma is looking East for inspiration, as the ANC pushes for resource nationalism rather than a crude form of nationalisation.
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/ 3 February 2012
Zuma looking to China for infrastructure development.
South Africa’s failure to integrate with other African countries is limiting its economic growth, says Public Enterprises Minister Malusi Gigaba.
Two new commissions are to be chaired by Jacob Zuma and Kgalema Motlanthe in an effort to speed up infrastructure development and job creation.
Seacom has pledged R100-million in additional infrastructure in SA to meet the continuous growth in demand for broadband services and applications.
One of the most important areas where China is set to play a bigger role is in the construction and infrastructure sectors in Africa.
The parastatal’s budget setback has been offset by improved market conditions and
agency ratings.
The increase in infrastructure spending could cushion South Africa’s economy from the global economic crisis, writes Lynley Donnelly.
A desolate Free State town is undergoing a total overhaul as the first to benefit from the government’s new anti-poverty programme.