http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.93Change: -0.03
R/$ = 12.67Change: 0.07
Au 1095.40 $/ozChange: 5.54
Pt 983.00 $/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 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|Health|Housing|PPP|Projects|Resources|Transnet|transport|Water|Africa|South Africa|Economic And Social Infrastructure|Educational Infrastructure|Water Infrastructure|Clive Manci|Infrastructure|Jean-Guy Carrier|Power|Water
Construction|Africa|Education|Eskom|Health|Housing|Projects|Resources|Transnet|transport|Water|Africa|||Infrastructure|Power|Water
construction|africa-company|education-company|eskom|health|housing|ppp|projects|resources|transnet|transport|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 6 hours ago Embattled South African steel producer ArcelorMittal South Africa (AMSA) has offered insight into the “fair pricing model” it has tabled before government in return for tariff protection and a government stipulation that locally manufactured steel be designated for...
The mass exit of thousands of Telkom employees came as no surprise, trade union Solidarity said this week. Nearly 2 400 employees had opted for Telkom’s voluntary severance packages (VSPs) and officially parted ways with the embattled company on Friday.
Africa’s universities and scholars need to take centre stage in the ‘Africa Rising’ narrative, embracing an important role in the development of the African Agenda. This was the message Gauteng Premier David Makhura imparted to delegates at the inaugural two-day...
More
 
 
Latest News
Updated 6 hours ago Embattled South African steel producer ArcelorMittal South Africa (AMSA) has offered insight into the “fair pricing model” it has tabled before government in return for tariff protection and a government stipulation that locally manufactured steel be designated for...
Updated 7 hours ago Telecommunications group Telkom on Friday said it had posted a 1.7% uptick in net revenue for the three months to June 30, on the back of a strong performance by mobile on data revenue and higher fixed-line subscription revenue. Mobile net revenue for the first three...
Updated 7 hours ago Dangote Cement revised its 2015 spending plans to $1-billion from the $700-million estimated nine months ago after it commissioned two new African plants this June, Nigeria's biggest listed company said on Friday. The company, majority owned by billionaire Aliko...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
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