Tag: public infrastructure

The rise in South Africa’s e-commerce market is not slowing down following its sharp uptake during the Great Pandemic of 2020. Intelligent tech powers transport systems that support this growth, streamlining how goods are stored, moved and delivered. What was once seen as a nice-to-have is proving to be an increasingly central shopping channel for South Africans.

With an economic growth forecast of only 1.6% over the next three years for South Africa, businesses are facing a tough trading environment, exacerbated by the impact of geopolitical tensions, disruptive new technologies, persistent weather catastrophe threats and failing public infrastructure and services.

We have released a South Africa’s anti-growth strategy report. The report argues that the slow economic growth of the last 15 years is the result of bad policy choices, a catastrophic decline in government performance and a devastating lack of leadership. Despite rhetoric to the contrary, the South African government does not have a growth strategy. If anything, it has an anti-growth strategy.

It is important to understand the difference between load shedding and electrical grid failure. Load shedding, as we understand it today, is controlled interruption of electricity supply to the public. These scheduled interruptions do not affect any municipal institution; however, electrical grid failure will affect municipalities as well as any public infrastructure.

In March this year, in a much-publicised interview (Neal Froneman gets frank about the lows, and highs, of doing business in South Africa), Sibanye-Stillwater CEO Neal Froneman heavily criticised the state of South Africa’s economy and government, citing a lack of leadership.

An interview with Stephen Katzenellenbogen, Senior Executive, Private Wealth Manager, NFB Private Wealth Management, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing an article penned by Andrew Duvenage, Managing Director, NFB Private Wealth Management, apropos the ANC’s Economic Transformation Committee proposal outlining changes to Regulation 28 of the Pension Funds Act.

Earlier this year, the ANC’s Economic Transformation Committee published a proposal outlining changes to Regulation 28 of the Pension Funds Act. Regulation 28, which controls the extent to which retirement funds may invest in particular asset classes.