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When a Trillion Rand might not be enough
Manage episode 495135991 series 2836522
Content provided by TimesLIVE Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TimesLIVE Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
President Cyril Ramaphosa said recently the State would spend more than a trillion rand over the next three years on building and repairing infrastructure. It sounds like a lot but it’s slightly more than just R300bn a year. Is that it? Public Works Minister Dean MacPherson tells Peter Bruce in this edition of Podcasts from the Edge the R1trn is just what the State has at the ready to spend with private sector partners. If the take-up is strong – across rail, ports, water, health, education -- it could double the State’s contribution and get the country to where we are investing the equivalent of more than 25% of our GDP – that finally breaks the growth barrier and gets people working. But government is slow and disjointed and MacPherson wants to see more spending coming through Infrastructure South Africa, which reports to him. Eskom’s transmission business, for instance, is buying land for the 14000km of new lines we need. Yet a lot of the land it needs to acquire already belongs to the government. So why pay for it?
189 episodes
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Manage episode 495135991 series 2836522
Content provided by TimesLIVE Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TimesLIVE Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
President Cyril Ramaphosa said recently the State would spend more than a trillion rand over the next three years on building and repairing infrastructure. It sounds like a lot but it’s slightly more than just R300bn a year. Is that it? Public Works Minister Dean MacPherson tells Peter Bruce in this edition of Podcasts from the Edge the R1trn is just what the State has at the ready to spend with private sector partners. If the take-up is strong – across rail, ports, water, health, education -- it could double the State’s contribution and get the country to where we are investing the equivalent of more than 25% of our GDP – that finally breaks the growth barrier and gets people working. But government is slow and disjointed and MacPherson wants to see more spending coming through Infrastructure South Africa, which reports to him. Eskom’s transmission business, for instance, is buying land for the 14000km of new lines we need. Yet a lot of the land it needs to acquire already belongs to the government. So why pay for it?
189 episodes
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Similar to Podcasts from the Edge
The UK Column is an independent news organisation analysing the information war. Operating without financial backing or external investment, we remain free from advertisers, foundations, and political parties, relying solely on support from our audience through memberships and donations.
…
continue reading
Laura Coates sparks unique conversations and covers the most interesting stories of the day through a news, legal and pop culture lens.
…
continue reading
The Cārvāka Podcast is a series of long-form conversations hosted by Kushal Mehra. The podcast covers a wide range of subjects where Kushal speaks with a wide range of guests to talk about sports, philosophy, public policy, current affairs, history, economics, etc.
…
continue reading
The Jacaranda FM News team is based in Gauteng – but covers local and international news of the day, providing the latest developments online and on-air. News bulletins run from 5am to 7pm weekdays, and from 7am to 6pm on weekends and public holidays. Tune into Jacaranda FM, or log on to www.jacarandafm.com, for the news you need to know.. now.
…
continue reading
Crystal Orderson brings news from the continent.
…
continue reading
If you’re reading this, chances are you’re not an undecided voter. But if you don’t want Donald Trump to become president again, between now and November you’ll need to convince as many as you can to cast their ballot for Joe Biden. With the help of some of the smartest strategists, pollsters, and organizers in politics today, host Jon Favreau explores the minds of voters who will decide the 2024 election, and gives you everything you need to persuade the persuadables in your life. Season 4 ...
…
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