Total Pageviews

Jan 6, 2011

COMPETITIVENESS KEY TO SA'S ECONOMIC GROWTH

"Business leaders and economists believe that key to to kickstarting the economy will be improved competitiveness, driving down the cost of doing business, improving the human development component and encouraging entrepreneurship" (Andile Ntingi - City Press).

At the heart of this economic revival lies logistics group Transnet and electricity supplier Eskom. An R846 billion infrastructure development programme has been initiated to adress the performance of these parastatals.

So, on one hand we need to improve rail network infrastructure and reduce congestion at the country's ports to make it easier and profitable for exporters to sell their products abroad. Whilst on the other hand, we need to have sufficient electricity capacity (reduced load-shedding) to facilitate large-scale mining projects.

So an opportunity has presented itself - let's find creative ways in which we can "partner" with the infrastructure development programme to improve the performance of Transnet and Eskom. 

No comments:

Post a Comment