http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.05Change: 0.09
R/$ = 11.82Change: -0.08
Au 1202.86 $/ozChange: 1.20
Pt 1182.50 $/ozChange: 4.00
 
 
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 Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 05, 2012

Sacci to approach National Treasury with its PPP concerns

Back
International Chamber of Commerce secretary-general Jean-Guy Carrier on the need for business to engage with government to overcome prevailing economic and social problems. Camera Work: Nicholas Boyd. Editing: Darlene Creamer. Recorded: 5.10.2012.
 
 
 
Construction|Africa|Education|Eskom|Housing|PPP|Projects|Resources|Transnet|Water|Africa|South Africa|Economic And Social Infrastructure|Educational Infrastructure|Water Infrastructure|Clive Manci|Infrastructure|Jean-Guy Carrier|Power|Water
Construction|Africa|Education|Eskom|Housing|Projects|Resources|Transnet|Water|Africa|||Infrastructure|Power|Water
construction|africa-company|education-company|eskom|housing|ppp|projects|resources|transnet|water-company|africa|south-africa|economic-and-social-infrastructure|educational-infrastructure|water-infrastructure|clive-manci|infrastructure|jean-guy-carrier|power|water
© Reuse this



The South African Chamber of Commerce and Industry (Sacci) plans to make direct representations to the National Treasury on the role that public–private partnerships (PPPs) can play in the country’s large-scale infrastructure programme, as well as to seek greater certainty on government’s approach to the implementation of such projects.

The South African government has announced plans to invest more than R860-billion on power, transport and water infrastructure, as well as housing, health and educational infrastructure, between 2012 and 2015. However, the economic infrastructure programme, in particular, is dominated by State-owned companies, such as Eskom and Transnet.

Incoming president Clive Manci indicated that business supported the construction of growth-supporting economic and social infrastructure, but that there was a lack of clarity on the role that could be played by private investors.

Greater “clarity and certainty” was also needed on the future role of PPPs, while Sacci would also seek assurances that PPP projects, on which private entities had spent significant time and resources, would not be withdrawn at the eleventh hour.

The National Treasury would be approached directly, owing to the fact that the department was responsible for the governance and administration of PPPs.

The PPP proposal was one of several resolutions likely to be pursued following Sacci’s yearly convention, which took place in Midrand on October 4 and 5.

Manci said the organisation would also be making specific proposals on how education and skills development programmes could be improved to deal with South Africa’s chronic unemployment problem and address high levels of youth unemployment.

It would also be encouraging regional chambers to engage more actively with municipalities on their local economic development plans, so as to ensure these were supportive of the creation of new enterprises and the retention of existing companies.

Sacci would also seek to leverage the chamber network to support initiatives that improved access to business finance and made it easier and less costly for the businesses to be established. It would also continue to seek labour-market reforms that were sympathetic to the needs of entrepreneurs.

Manci said that the creation of new enterprises should not be perceived as the “selfish” pursuit of capitalists, but rather as a central ingredient to job creation and, in turn, dealing with the country's “triple challenge” of poverty, inequality and unemployment.

The call for greater involvement of business in helping governments deal with prevailing economic and social problems, which had deteriorated since the global financial crisis of 2008, was also supported by International Chamber of Commerce secretary-general Jean-Guy Carrier, who addressed the convention.

A failure by business to engage with these challenges, could result in governments resorting to “knee jerk” responses, such as a retreat into protectionism, or defensive immigration policies, which could have unintended and destructive outcomes.

Business, Carrier averred, had a responsibility to influence political leaders and policymakers to adopt policies and actions that improved a country’s competitiveness, which created the platform for job-generating and poverty-reducing investment.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Economy News
Updated 48 minutes ago Finance Minister Nhanhla Nene has called for public comment on government’s proposal of a temporary reduction in employers and employees’ contributions to the Unemployment Insurance Fund (UIF). In his 2015 Budget Speech, the Minister proposed to reduce the...
Minister in the Presidency Jeff Radebe
Updated 1 hour 26 minutes ago Hosting the 2022 Commonwealth Games could deliver a R20-billion boost to South Africa's economy, Minister in the Presidency Jeff Radebe said on Thursday. Briefing journalists at Parliament following Cabinet's fortnightly meeting on Wednesday, he noted that Durban had...
Updated 4 hours ago Egypt's cabinet approved a long-awaited draft law on investment on Wednesday aimed at making deals less vulnerable to legal disputes or changes in government, and reducing stifling bureaucracy. The government is seeking to address foreign business concerns before an...
More
 
 
Latest News
Updated 12 minutes ago A digital switch-on date marking the start of South Africa’s transition from analogue to digital broadcasting will be announced “shortly”, following Cabinet’s approval for a control system for the required set-top boxes (STBs). Communications Minister Faith Muthambi,...
Updated 37 minutes ago Topping the list of political risks facing emerging market investors is the increasing instability in already-fragile oil-producing countries such as Iran, Iraq, Libya, Russia and Venezuela as a consequence of the low oil price, Aon Risk Solutions’ 2015 Political...
Updated 39 minutes ago Finance Minister Nhanhla Nene has called for public comment on government’s proposal of a temporary reduction in employers and employees’ contributions to the Unemployment Insurance Fund (UIF). In his 2015 Budget Speech, the Minister proposed to reduce the...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
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.
 
 
 
 
 
This Week's Magazine
Walter Hill
Eqstra Holdings was going to reduce its exposure to contract mining, but it was not yet ready to sell the troubled business, said CEO Walter Hill on Tuesday. He said Eqstra would not sell its contract mining business in a “depressed market”. He said it would be...
Subscribe to Engineering News and Mining Weekly for two years, but only pay for the first year.  The weekly editions of Engineering News and Mining Weekly will be posted to your preferred postal address and also gain access to:
National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96