http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.13Change: -0.02
R/$ = 12.07Change: -0.13
Au 1187.17 $/ozChange: -20.08
Pt 1125.50 $/ozChange: -23.50
 
 
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
The United Nations (UN) plans to raise $1.6 billion from donors to improve agriculture, food security, health and governance in Zimbabwe between 2016-2020, its representative in the southern African country said on Friday. The UN has over the last decade taken a...
David Lewis
David Lewis‚ head of the country's leading non-governmental anti-graft agency‚ Corruption Watch‚ has criticised Police Minister Nathi Nhleko's report exonerating President Jacob Zuma of having to pay anything for the upgrades to his Nkandla home. Nhleko yesterday...
Outgoing AfDB president Donald Kaberuka
Nigeria's Agriculture Minister Akinwumi Adesina won an election on Thursday to be the new president of the African Development Bank (AfDB), the lender said. After six rounds of voting that saw seven rivals from across the continent defeated, Adesina secured around...
More
 
 
Latest News
All grades of petrol will increase by 47c/ℓ on Wednesday, the Department of Energy announced on Friday. The reef price for unleaded 93 and LRP petrol was currently standing at R12.61/ℓ, while unleaded 95 cost R12.89/ℓ.
JSE-listed Tower Property Fund has acquired the Link Hills Shopping Centre, in Waterfall, KwaZulu-Natal for R160.9-million from The Sabre Trust and Matlu Family Trust. The shopping centre, on Inanda Road, was situated in an upper-high-growth residential area, next to...
South Africa recorded a trade deficit of R2.51-billion ($207-million) in April from a revised shortfall of R9-million in March, data from the revenue agency showed on Friday. Exports fell by 7.5% to R84-billion, while imports were down 4.8% to R86.5-billion on a...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
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.
 
 
 
 
 
This Week's Magazine
While strongly welcoming the promulgation of the new Part 101 of South Africa’s civil aviation regulations, governing the commercial operation of civil remotely piloted aircraft (RPAs) in South Africa, the Commercial Unmanned Aircraft Association of Southern Africa...
LSM Distributors has contracted engineering consultancy WSP | Parsons Brinckerhoff Africa to undertake the R100-million restoration of the 54-year-old Kyalami racetrack, situated in Midrand. The restoration will assist in re-establishing it as a venue for...
South African Defence Minister Nosiviwe Mapisa-Nqakula has expressed the hope that the defence budget will be significantly increased over the next five years. She did so while addressing the media in her recent budget vote media briefing. The 2015/2016 defence...
The African Development Bank (AfDB) has been an implementing agency for the Global Environment Facility (GEF) since 2008. The relatively young portfolio has 28 projects over 30 countries on the continent according to the 2014 AfDB and GEF annual report released...
PAUL SPEAR Training and development should be an integral and proportionate part of the long-term strategy of all companies, regardless of their size
Investment in South African youth through apprenticeships and learnerships will not only create direct benefits for businesses but will also contribute significantly to job creation and socioeconomic transformation in the country.
 
 
 
 
 
 
 
 
 
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