Will SA’s track record scupper Cyril Ramaphosa’s investment drive?
The government has been dismal at delivering infrastructure on budget and on time, says an economist
19 October 2020 - 14:08
SA will be hard pressed to realise its ambitions of attracting R1-trillion of private investment in infrastructure if its past record is anything to go by.
The investment drive began two years ago and is a key component of an economic blueprint unveiled by President Cyril Ramaphosa last week that aims to revive the coronavirus-battered economy. It envisions the government spending R100bn on infrastructure, an allocation that’s expected to galvanise 10 times as much private investment within four years...
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