We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Click on the website of the Presidential Infrastructure Co-ordinating Commission, the inter-ministerial committee that oversees the government’s vast infrastructure spend, and you’ll be greeted by the warm but always fatal grin of one Jacob Zuma. The website, nominally under the control of the department of economic development, has not been updated since late 2016. Zuma’s welcoming note to the site says, in part: "In SA joblessness is still unacceptably high even with recent growth in jobs numbers. Global economic prospects remain fragile. In response, the government of the Republic of South Africa has taken a bold decision. We have chosen a path of counter-cyclical spending driven by catalytic infrastructure investment. We are striking a fine balance between protecting our sovereign integrity while leveraging the multiplier impact of fixed capital formation." Ah, the good old counter-cyclical days, eh Mr President? I’d advise economic development minister Ebrahim Patel to update t...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.