It has been deeply encouraging and inspiring to see the immense task of rebuilding the country from the ravages of the Covid-19 pandemic beginning to take form over the past few weeks. SA is entering a pivotal phase in its history as it tackles the challenge of a mega-infrastructure investment programme to stimulate growth and put millions of jobless South Africans back to work.

The ANC has tabled a wide-ranging set of proposals aimed at creating mass employment, driven by an increase in infrastructure development and maintenance. This includes proposed regulatory reforms and a new role for the SA Reserve Bank in mobilising funding for projects and financial institutions. The ANC has made it clear that it sees the state’s role as guiding the development process and steering investments...

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