Oct 05, 2012
Sacci to approach National Treasury with its PPP concernsBack
Construction|Africa|Education|Eskom|Housing|PPP|Projects|Resources|Transnet|Water|Africa|South Africa|Economic And Social Infrastructure|Educational Infrastructure|Transport|Water Infrastructure|Clive Manci|Infrastructure|Jean-Guy Carrier|Power|Water
© Reuse this
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seek assurances that PPP projects, on which private entities had spent significant time and resources, would not be withdrawn at the eleventh hour.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 Video News
Recent Research Reports
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.
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.
This Week's Magazine
South Africa remains an important manufacturing and export platform for Ford Motor Company, says executive chairperson Bill Ford. However, he adds that other countries on the continent are “becoming interesting”, and that the US carmaker is casting its net wider for...
Germany’s Max-Planck-Society (MPG) and the Max-Planck-Institute for Radio Astronomy (MPlfR) are investing €11-million (about R150-million) into South Africa’s MeerKAT radio telescope array programme. The money will be used to design, build and install S-band radio...
Infrastructure spend in sub-Saharan Africa will grow from $70-billion in 2013 to $180-billion by 2025, says PwC capital projects and infrastructure Africa leader Jonathan Cawood. This is one of the findings of PwC’s Capital Projects & Infrastructure report on East...
Private-owned defence and aerospace manufacturer Paramount Group and the Ichikowitz Family Foundation unveiled its Anti-Poaching Skills and K9 Training Academy in Magaliesburg last month.
The inclusion of Bluetooth to provide sub-three meter accuracy and heightened functionality for users is one of the ways to change existing wireless networks into engagement networks. An engagement network differs from common wireless networks in that it enables the...