Another own goal for South Africa
South Africa is facing another economic own goal as improvements in electricity generation expose other infrastructure weaknesses that continue to constrain growth.
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South Africa is facing another economic own goal as improvements in electricity generation expose other infrastructure weaknesses that continue to constrain growth.
Barry Kaganson, CEO of Auria Senior Living, points to the worrying projection that ‘about one in six South Africans will be over the age of 60 by 2050’ – many requiring mental, physical and financial assistance.
The City of Cape Town was forced to spend R1.1 million to upgrade the streetlights along a single road following repeated incidents of infrastructure theft and vandalism.
AI infrastructure investment is keeping global growth at about 3%, says IMF chief Kristalina Georgieva.
Coca-Cola and water sector leaders in South Africa have pledged a total of R500 million to prop up water infrastructure.
For years, the Republic of Benin has wrestled with an urgent need to inject heavy capital into its infrastructure. Benin has been trying to empower local enterprises and stabilize its
Infrastructure project will be prioritised but little mention of water, crime or the appointment of a new Gautrain operator.
Analysts warn that hostile legislation and infrastructure failures are choking growth and job creation.
The highest-paid SOE CEO is the woman responsible for securing and managing investment to fund major infrastructure and development.
The IMF believes that South Africa still has much to do to accelerate economic growth, such as upgrading infrastructure and reducing public debt.
Central to reaching this goal are public-private partnerships.