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Ramaphosa: SA secures R454bn in infrastructure projects

President Cyril Ramaphosa announced that South Africa secured about R454 billion in new infrastructure projects last year.

He called the achievement a significant milestone for the country’s economy.

Responding to the budget debate in Parliament, Ramaphosa credited both the public and private sectors for contributing to the investment drive.

“Last year, the total value of new projects by both the public and private sectors amounted to R454 billion, the largest fixed investment in infrastructure in South Africa since 2021,” Ramaphosa said.

Private sector plays key role in investment drive

According to SABC News, Ramaphosa highlighted the private sector’s role in boosting infrastructure funding.

He said partnerships between government and businesses remain central to economic recovery and job creation.

Ramaphosa defends commissions of inquiry

The President reaffirmed his constitutional power to establish judicial commissions of inquiry into serious allegations, including claims of police infiltration by criminal syndicates.

“The Constitution empowers the President with executive powers to establish commissions of inquiry into any matter of public concern,” Ramaphosa said.

Commissions deliver impact, says Ramaphosa

Ramaphosa rejected criticism that commissions waste money and time. He argued that inquiries help uncover the truth and deliver accountability.

“Yesterday, honourable [Nontando] Nolutshungu sought to discredit the process around commissions, calling them a waste of money and time. But as we have demonstrated, such processes can have a profound impact. Think about the revitalisation of SARS,” he said.

Do you believe commissions of inquiry ensure accountability or waste public resources?

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