South Africa has been struggling with high unemployment rates for a long time, which have only been further exacerbated by the COVID19 pandemic. To combat this issue, the government has made job creation a priority in its economic recovery plan. One sector with tremendous potential for employment is the construction industry, and the Ministry of Public Works and Infrastructure is leading the charge in transforming the country into a bustling construction site.
The Western Cape has been facing significant energy challenges, including load shedding, high energy costs, and an overreliance on fossil fuels. To address these issues, the government has been actively exploring alternative energy sources, with a particular focus on green hydrogen.
The digital divide is a significant challenge in South Africa, with many citizens lacking access to essential services such as education and healthcare due to limited internet connectivity. To address this issue, the government has launched the SA Connect program, which aims to provide highspeed internet connectivity to all citizens, regardless of their location or economic status.
The Gauteng Department of Roads and Transport has made it a priority to improve the lives of those residing in townships, informal settlements, and hostels. This is particularly important given the challenges faced by these communities, which often lack access to safe and reliable public transport.
Cape Town, South Africa’s vibrant business landscape, is a testament to the city’s commitment to business growth and innovation. Recently, CocaCola Peninsula Beverages expanded its operations, introducing a new production line. This expansion highlights the potential for significant job creation and economic growth in the region. The investment of over R200 million demonstrates the company’s confidence in Cape Town’s thriving business environment and the mutually beneficial partnership between CocaCola Peninsula Beverages and the City.
Deputy Minister Swarts Discusses Achievements in the Department’s Flagship Programme and Collaboration with the Public and Private Sectors ### Infrastructure Investment Programme for South Africa (IIPSA)
The Eastern Cape has faced several developmental challenges over the years, including high unemployment rates, poor infrastructure, and inadequate access to basic services like healthcare and education. In response to these issues, the South African government has implemented several initiatives to promote development in the region.
The potential benefits of the collaboration between Cape Town and Nairobi are significant, as they can work together to strengthen their tourism markets, cooperate in their film industries, and enhance bilateral trade. Additionally, both cities can share knowledge and partnerships in areas such as infrastructure provision, affordable housing delivery, and clean energy.
Cape Town’s efforts to address unemployment have been successful, as the city has the lowest unemployment rate among South Africa’s metros. Mayor Geordin HillLewis recognizes the progress made but acknowledges that there is still much to do to foster economic growth, lift people out of poverty, and create jobs.
Cape Town’s Mayor, Geordin HillLewis, is urging President Cyril Ramaphosa to clarify the National Government’s stance on the devolution of passenger rail services to capable metros. The call comes amid contradictory statements from Transport Minister Sindisiwe Chikunga, who suggests that current plans don’t involve devolving rail operations to the City of Cape Town. This contradicts the Cabinet policy decision to devolve rail, which raises questions about the National Government’s commitment to the issue.
The Thaba Chweu Local Municipality recently celebrated the graduation of 20 learners from the Expanded Public Works Programme (EPWP). These learners successfully completed their landscaping training and received certificates of competence. The Executive Mayor of Thaba Chweu Local Municipality, Honourable Councillor M.F. Nkadimeng, urged the graduates to use their newly acquired skills to establish businesses and create employment opportunities for others in their communities.
Cape Town is making strides towards becoming Africa’s premier business destination, with a substantial decrease in unemployment. The city’s Mayor, Geordin HillLewis, credits this achievement to maintaining the lowest unemployment rate across the metros. However, there is still work to be done to drive further economic growth, alleviate poverty, and create additional job opportunities.
Infrastructure development is a critical aspect of economic growth, creating job opportunities and paving the way for increased economic opportunities and an improved quality of life. In this regard, two significant infrastructure projects in George, South Africa, are set to revolutionize life for local residents: the Gwaing Road upgrade and the Metro Grounds housing project.
The Minister of Finance Enoch Gondongwana presented the National Treasury of South Africa’s Budget Vote for the 2023/24 financial year, highlighting the government’s efforts to foster higher and more inclusive economic growth, address fiscal vulnerability, and stabilize public finances. The total allocated budget for the National Treasury amounts to R34.9 billion, with 85% allocated to transfers and subsidies.
South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe, has provided insights into the country’s mining and energy sectors. In this article, we discuss the progress, achievements, challenges, and investments within these industries. ### Universal Access to Electricity
On May 16th, Minister Maropene Ramokgopato and Deputy Minister Pinky Kekana led a monitoring visit to the Saldanha Industrial Development Zone in the Western Cape Province. Their objective was to evaluate socioeconomic catalytic projects within the zone and ensure that they are on track to drive economic progress.