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Budget Highlights Major Investment Opportunities in SA’s Water Sector
- At the end of May 2024 in Cape Town, President Cyril Ramaphosa addressed the SIDS-SA symposium highlighting South Africa’s urgent infrastructure funding needs and private sector role.
- This address followed commitments by the government to invest roughly R1 trillion over three years with new financial tools like an Infrastructure Bond planned by 2026.
- Despite increased spending, infrastructure faces challenges including inefficiencies, rising depreciation, and poor maintenance, raising concerns about the gap between investment and delivery outcomes.
- The Auditor General reported in 2024 that 77% of municipal projects had deficiencies and only 16% of municipalities attained clean audits, underscoring governance and implementation issues.
- Scheduled for June 2025, the combined South African infrastructure and water event will focus on overcoming sector challenges by promoting innovative solutions, encouraging collaboration across industries, and supporting inclusive development through coordinated government and private-sector funding.
14 Articles
14 Articles
Budget highlights major investment opportunities in SA’s water sector
Citing a 2023 Southern Africa Towards Inclusive Economic Development (SA-TIED) report on SA’s water sector investment requirements, the Budget Review notes that a total estimated R7.2 trillion investment is needed by 2050 to achieve water security and universal access.
The non-negotiables of South Africa’s promised infrastructure surge – The Mail & Guardian
President Cyril Ramaphosa’s keynote address at the Sustainable Infrastructure Development Symposium – South Africa (SIDS-SA) in Cape Town at the end of May was punctuated by a recurring theme: the country’s urgent need for money, and the pivotal role the private sector must play in financing infrastructure development. The government has committed roughly R1 trillion to infrastructure over the next three years with a range of financial instrume…
By Hajar Ben Hosain On June 9, 2025, the Board of Directors of the World Bank approved $350 million for the development of the mobility and logistics hub of the Greater Casablanca. This project aims to improve access to employment and essential services by modernising the transport network ... Cet article Grand Casablanca: The World Bank approves $350 million to modernise the railway network appeared first on Diplomatic Morocco.
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