March 22, 2024

Godongwana Reaches Out to Private Investors

Better-managed PPPs can help South Africa avoid prescribed assets. South Africa may very well be at the brink of a new era, where a greater focus on public private partnerships (PPPs) can help to address the country’s multiple challenges. The ongoing energy crisis, a deteriorating and unreliable logistics system, failing infrastructure, and climate risks—solutions to these challenges require the technical and financial support of the private sector. With the state’s plans to launch unique infrastructure instruments, driving private sector participation may not necessitate prescribed assets legislation. This was the sentiment following the reforms that Finance Minister Enoch Godongwana alluded to […]
March 22, 2024

Silence is Golden in This Year’s Budget Speech

What matters more than the contents of this year’s budget is what has been omitted from it. Its greatest virtues are four days less tax, no NHI, and liberated electricity markets. The budget does not, for instance, provide for two huge burdens promised by the government—the draft electricity plan (IRP2023) and the National Health Insurance (NHI) (which would, paradoxically, prohibit insurance). The budget subtext is that government-funded electricity and NHI will never happen. Healthcare will remain roughly as is, and there will be electricity supply competition. However, the budget’s single greatest accomplishment is that Tax Freedom Day (TFD) will be […]
August 15, 2023

Harnessing technology to amplify efficiency

In a world where adaptability is the key to survival and prosperity, organisations across various industries are striving to stay ahead of the curve. Economic and societal volatility, coupled with evolving market dynamics, have spurred businesses to find innovative ways to meet their objectives while navigating an ever-changing landscape. An essential strategy in this quest for resilience and competitiveness is integrating technology seamlessly into every business function. The Essence of Doing More with Less: Today, businesses are increasingly prioritising efficiency, seeking ways to maximise output while minimising resource utilisation ─ in essence, doing more with less. This concept goes beyond […]
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