http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.19Change: -0.06
R/$ = 10.56Change: -0.04
Au 1304.59 $/ozChange: 2.07
Pt 1488.50 $/ozChange: 0.00
 
 
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  
 
 
Sep 14, 2007

Manuel acknowledges development is not automatic and that growth is not enough

Back
Finance Minister Trevor Manuel’s appeal for a partnership to ensure measurable change for South Africa’s poor during an address in the Refilwe township, north of Pretoria.
Pretoria|Refilwe|Africa|Development Bank Of Southern Africa|Education|PROJECT|Roads|Siyenza|System|Systems|Water|Africa|Bank|Bank’s Approvals|Systems|Tangible Services|Transport|Jay Naidoo|Trevor Manuel|Water
|Africa|Education|PROJECT|Roads|Siyenza|System|Systems|Water|Africa|Systems|Transport|Water
pretoria|refilwe|africa-company|development-bank-of-southern-africa|education-company|project|roads|siyenza|system|systems-company|water-company|africa|bank|bankrsquos-approvals|systems|tangible-services|transport-industry-term|jay-naidoo|trevor-manuel|water
© Reuse this Democracy, Finance Minister Trevor Manuel declared recently, was about a programme to achieve “measurable change” to improve the lives of people and not about “one day in 1994”.

Speaking at a recent Development Bank of Southern Africa (DBSA) function in Refilwe township, near Cullinan, north of Pretoria, Manuel said there was still much work to be done to advance a democratic programme that delivered tangible services.

“It is not enough to say the economy is growing at five per cent, or more, when the gains of that are only in the lives of a few people. We want measurable change in the lives of all of our people,” Manuel asserted, adding that there were lists of issues unaddressed in every aspect of community life.

To achieve this, Manuel said government had to hone in on three priorities.

Firstly, it had to “push ahead” from the current levels of growth by dealing with the current constraints.

“If we want to push it ahead, we have to understand what is not in place,” the Minister argued, lamenting, in particular, the poor institutional frameworks at municipal level.

With the help of organisations such as the DBSA, which was now fully aligned with the State’s development goals, systems had to be put in place to support institution building within local government.

A key measure would be a closing of the gap between the bank’s approvals, which stood at over R8-billion in 2006/7, and disbursements, which stood at about R3,7-billion, while continuing to shift its risk appetite towards the poorer municipalities.

“But that risk appetite also needs to be absorbed and the capacities have to be in place to absorb the funding,” Manuel stressed.

DBSA chairperson Jay Naidoo concurred, asserting that market and institutional failure was undermining the ability of poorly resourced municipalities to engage in viable borrowing.

“Part of our challenge as DBSA is to improve the absorptive capacity through initi-atives such as Siyenza Manje (we are doing it now) . . . which has recruited close to 100 retired engineers, project managers and financial experts, who are paired with young professionals to improve the absorptive capacity of the municipalities so they can begin taking loans from ourselves and other banks,” Naidoo reported.

He added that capacity building remained a major focus and that the DBSA was planning to spend close to R1,5-billion in this area in the years ahead.

Manuel’s second priority for government was to ensure that the base of beneficiaries was broadened.

This, he said, meant that taxes must be used to build schools and clinics, deliver electricity and replace the ‘bucket system’ with proper sanitation. “We must build more roads, ensure there is proper public transport and make communities safer. We must set a target and say, ‘We want our mothers and daughters to be able to walk around at night without fear’.”

The third priority was to identify the constraints to even faster growth. Specifically mentioned were limitations on electricity supply and the lack of skills.

He called for a “better partnership” to support the democratic programme, which, he said, would come under strain if there was no visible sign of improvement at the 3 152 schools that don’t have water, the 8 470 schools that have only pit latrines, and the 1 532 schools that have no toilet facilities at all.

“We must be able to fix this and fix this very soon, because, if we don’t, the quality of education will take a knock,” Manuel said, stressing the need for active parental involvement in education.

“We are conscious that develop- ment is not automatic . . . development is also not a snapshot, but rather a process. And, ultimately, it is a policy that has to be underpinned by measurable improvements,” Manuel concluded.
Edited by: Martin Zhuwakinyu
© Reuse this Comment Guidelines
 
 
 
 
 
 
 
 
Other Construction News
Rob Davies
South Africa will use the upcoming US-Africa Leaders' Summit, which will also encompass the 2014 edition of the Africa Growth and Opportunity Act (Agoa) Forum, to appeal for a 15-year extension of the nonreciprocal trade arrangement, as well as South Africa’s...
Delta International has embarked on a programme that would see the recently reverse-listed property fund potentially acquire $250-million of assets across Africa. The Africa-focused group raised more than $87-million through a private placement to kick-start its...
Already home to the No 1 and No 2 Silo developments, the final phase of the Cape Town-based V&A Waterfront’s Silo district – which would see the addition of the No 3, No 4, No 5 and No 6 Silo projects – was on track for an early 2017 completion, after receiving...
More
 
 
Latest News
Numsa general secretary Irvin Jim
Updated 7 hours ago South African engineering union Numsa has agreed to end a four-week strike after accepting a wage increase offer from employers, union leader Irvin Jim said on Monday. Numsa, South Africa's largest union, has accepted a 10% annual pay rise fixed for three years for...
Updated 7 hours ago Trade union Solidarity on Monday accepted the Steel and Engineering Industries Federation of South Africa’s (Seifsa’s) revised wage offer. The three-year wage agreement, settled within the Metal and Engineering Industries Bargaining Council (MEIBC), comprised...
Rob Davies
South Africa will use the upcoming US-Africa Leaders' Summit, which will also encompass the 2014 edition of the Africa Growth and Opportunity Act (Agoa) Forum, to appeal for a 15-year extension of the nonreciprocal trade arrangement, as well as South Africa’s...
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
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
GARYN RAPSON Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will open the door for court battles to determine who will be held liable for the remediation
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...
 
 
 
 
 
 
 
 
 
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