http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.11Change: 0.02
R/$ = 10.48Change: 0.02
Au 1299.60 $/ozChange: -4.60
Pt 1476.50 $/ozChange: -5.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Aug 01, 2012

Limited discretionary budget a concern for CSIR

Back
Engineering|Africa|Industrial|Africa|South Africa|Product|Sibusiso Sibisi
Engineering|Africa|Industrial|Africa|||
engineering|africa-company|industrial|africa|south-africa|product|sibusiso-sibisi
© Reuse this



The Council for Scientific and Industrial Research (CSIR) is concerned about the level of its discretionary budget, allocated by the State.

“Our discretionary income from the public purse is now quite small, and in recent years has not grown much above inflation levels,” pointed out CSIR CEO Dr Sibusiso Sibisi to Engineering News Online. “It would be welcome if our discretionary component were to grow at a level above inflation.

“It allows us to do high-risk research, to maintain our existing capabilities and to develop new capabilities that will be required to address future challenges,” he explained.

“At the moment, we run the risk, as the discretionary budget declines, of becoming just a contract researcher, and not doing any proactive research that is required to address current and future challenges.

“We need the discretionary budget to continue to increase, so that we can continue to do the work that is not short term,” Sibisi stressed.

“The CSIR risks becoming a technology house focusing solely on service delivery. This [service delivery] is important, but the long term is also important. There is no other way to finance this [long-term research] except through the discretionary budget.”

Another concern is the need to be able to develop long-term budgets. “It’s not just how much money we have, but the predictability about it. Some things are long term, like the development of new drugs,” he highlighted. “We must be able to do ten-year planning, not three-year medium-term budgets.”

“While in South Africa we do have reasonable predictability, we need longer-term predictability, especially in the biosciences where the realisation of the potential cutting edge technologies requires committed long-term investment,” he elucidated. “We need to give ourselves at least ten years to develop a product and fund it for those ten years. We’d review it periodically, of course, and ask hard questions on how it was going. But we’re not quite there, yet.”

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines
 
 
 
 
 
 
 
 
 
Latest News
Updated 4 minutes ago The country's financial institutions should assist government to cost and fund the intended nuclear build programme, Deputy President Cyril Ramaphosa suggested on Thursday. Addressing members of the parliamentary Press Gallery Association (PGA), Ramaphosa said...
Cyril Ramaphosa
Updated 41 minutes ago South Africa should adjust labour laws so union members have to vote before striking, Deputy President Cyril Ramaphosa said on Thursday, suggesting the government may push ahead with reforms to curb damaging industrial action. The longest and costliest strike in...
Updated 3 hours ago A 50% cut in mobile termination rates (MTRs) implemented by the Independent Communications Authority of South Africa (Icasa) in April has dragged down telecommunications group Vodacom’s service revenue for the three months ended June 30. The group on Thursday...
More
 
 
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
 
 
 
 
 
This Week's Magazine
Local aerospace company Denel Aerostructures (DAe), part of the State-owned Denel Group, has won a fourth contract to manufacture parts for the Airbus A400M military air transport and air-to-air refuelling aircraft. The new contract, which was won in an international...
Bob Skinstad
Although CEO Mark McChlery and chief marketing officer Bob Skinstad likened themselves to children in a playground when taking on the task of “reengineering and repositioning” the Seartec brand, the “young, dynamic and enthusiastic guys” were like proud...
An increasing number of buyers, in both the new and used car markets, are opting for finance structures that lower their monthly repayments, says asset financing company WesBank. These include the use of large balloon payments (also known as residuals), as well as...
Tertiary education institutions can use search engine giant Google’s Chromebook to provide secure mobile end-point devices for students on which they can share documents, work collaboratively on documents and access education materials and applications being used...
Local ceiling and partition company Abbeycon has beaten global competition at the Saint-Gobain Gypsum International Trophy competition, which was held last month in Berlin, Germany.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks