F E TAU R E
done and and the chal-
significantly beyond this
ing fruit in digital commu-
premature for ignoring the
lenges should not be
anaemic level and create
nication.
very real frustrations on
sugarcoated.
over one million jobs rela-
“In rail, estimates sug-
the ground that are not
tive to a scenario without
gest that the industry will
progressing well. In the
reforms.”
invest over R50 billion. In
case of restoring Eskom's
transport, the successful
energy availability to 70%,
implementation of third
[this may] seem complete-
party access to the rail
ly unattainable.
Job creation Finance Minister Enoch implemented reform
Structural reforms
programmes could raise
A total of 26 structural
network can spend an ad-
confidence levels, sup-
reforms were prioritised
ditional investment of R8
reforms, and over the
porting a market easing of
to modernise and trans-
billion.
coming months, we'll
sovereign risk and borrow-
form network industries,
ing cost.
including electricity, water,
ernment and the private
solve the energy crisis and
transport and digital com-
sector are working togeth-
ensure that reforms facing
up much needed fiscal
munications; and to attract
er to unblock the remain-
implementation chal-
space.
key skills and promote
ing challenges to free-up
lenges access the support
growth in tourism through
embedded generation,
they need to progress.
reforms in the visa regime.
a R54 billion investment
Because we're committed
could be realised, he said.
to unlocking the dyna-
Godongwana, said well-
This, he said, could free-
“In this way, with the net, it enables greater job creation, supports fiscal
Of the 26, eight reforms
sustainability and spares
have been completed and
the economy, even in
11 are progressing.
In electricity, where gov-
He said: "While we
"We're mindful of these
redouble our efforts to re-
mism of this economy, and
welcome the progress of
placing our growth on a
the short term. We can
The Minister said some
OV, this has seemingly
permanently high trajec-
raise economic growth
reforms are already bear-
been misinterpreted as
tory.”
20
Public Sector Manager • May 2022
