South Africa December 11 2019 On 28 November 2019 the President of the Republic assented to the Critical Infrastructure Protection Act, 2019 (“the CIP Act ”). ... 10 December 2019 ... South Africa . Approximately 96% of the country’s exports are conveyed by sea, and the eight commercial ports are the conduits for trade between South Africa and its southern African partners as well as hubs for traffic to and from Europe, Asia, the Americas and the east and west coasts of Africa. exceeding 3 to 20 years, or both, depending on the offence. Nigeria is a fast-developing country and one in need of infrastructure. of the Presidential Infrastructure Coordinating Commission (PICC), previously performed by the former Department of Economic Development. Infrastructure Africa will connect industry stakeholders, foster dialogue, provide leading-edge information, promote investment and expansion, as well as facilitate business development around Africa’s growth and infrastructure needs. Tabling the MTBPS in Parliament on Wednesday, Finance Minister Tito Mboweni noted that the infrastructure initiative … This is according to a survey by Statistics South Africa released in May 2020. of January 2020). South Africa Telecoms Infrastructure, Operators, Regulations Statistics and Analyses Report 2019 - ResearchAndMarkets.com November 29, 2019 04:21 AM Eastern Standard Time By using our website you agree to our use of cookies as set out in our Privacy Policy. about your specific circumstances. Finance Minister Tito Mboweni, confirmed the reports and said the fund has been dubbed as “a central pillar of the Budget and of reprioritisation” which aims at bringing in the private sector and the development finance institutions. the Act. The Minister of Police in turn must then on a bi-annual But why exactly does this truly bustling node of commerce and industry offer such excellent value for investors compared to … City Power’s electricity infrastructure has been severely affected by the current bout of load-shedding. Scarce water resources, badly planned and poorly maintained infrastructure, and a financing system based on the commodification of water through water tariffs, ... South Africa, 02 May 2019. Public schools countrywide are still surrounded by poor infrastructure, teacher absenteeism and lack of water and sanitation. Furthermore, any person who commits an offence in terms of the infrastructure is essential for the economy, national security, Aviation Infrastructure for Africa Gap Analysis - 2019 Priority Evaluation Items for ... (Zimbabwe) <> Cape Town (South Africa) 69,628 Johannesburg (JNB) 65,777 94% Lusaka (Zambia) <> Cape Town (South Africa) 48,463 Johannesburg (JNB) 44,559 92% ... Africa - Middle East 4.5% Intra Central America/Caribbean 4.3% South Africa’s economic freedom score is 58.8, making its economy the 106th freest in the 2020 Index. You’ll only need to do it once, and readership information is just for authors and is never sold to third parties. The World Bank projects 2019 growth at 1.3%, accelerating further to 1.7% in 2020. functioning or stability of the Republic, the public interest with Apart from reduced Environmental Impact Assessment timeframes, what are the potential further benefits for local manufacturers in SA’s 11 Renewable Energy Development Zones (REDZ) and transmission corridors? This site uses cookies which are essential to make the site function effectively. immobilisation of such infrastructure may severely prejudice the With the plan we aim to transform our economic landscape while simultaneously creating significant numbers of new jobs, and strengthen the delivery of basic services. public safety and the continuous provision of basic public Infrastructure funding is largely provided by South Africa’s national government. secure the critical infrastructure itself and recover any costs in Any National Key Point or National Key Point Recent figures released revealed that the South African economy contracted by 3.2% in the first quarter of 2019 [1] relative to the first quarter of 2018, with the agriculture, mining and manufacturing industries showing the most significant decline. “Work is underway to support some existing projects and programmes with blended finance. The CIP Act further provides that the National Commissioner of The review noted that discussions are underway with the Development Bank of Southern Africa (DBSA), the World Bank and the New Development Bank. Forty eight year old South African carpenter Sipho Voyi carries water to his shack in the informal shack settlement of Masiphumelele in Cape Town, South Africa, 02 May 2019. in terms of the CIP Act, which must be done within a period of 60 The South African Government adopted a National Infrastructure Plan in 2012. Africa Construction Market - Segmented by (Commercial Constructions, Residential Constructions, Industrial Constructions, Infrastructure (Transportation Constructions)), and Energy and Utility Constructions - Growth, Trends, and Forecast (2019 - 2024) The summary below shows the percentage infrastructure spending makes up of South Africa's total budget for the next three years. add 17GW by 2019 Services and manufacturing have overtaken agriculture and mining in contribution to GDP. The National Electricity Regulator of South Africa and the Minister of Mineral Resources and Energy agree that NERSA can process licence applications for self-generation facilities above 1MW even if they don’t comply with the IRP 2019. ABOUT THE BURSAR. By Chris Adendorff and Des Collier - 17 April 2019. Mondaq uses cookies on this website. On 28 November 2019 the President of the Republic assented to Circular Letter: Code On The Prevention Of Money Laundering & Terrorist Financing, Challenges In Enforcement Of Fundamental Rights In Nigeria, A Practical Guide To Saudi Arabia's Anti Money Laundering Law, Constitutional Court: Domestic Workers Win The Right To Compensation Under Coida, Fundamental Changes To South Africa's Exchange Control System, Africa Update 2020 – Eswatini (Swaziland). and secure critical infrastructure. to be a critical infrastructure until the Minister of Police has The commercial ports are: Richards Bay and Durban in K… Specialist advice should be sought President Cyril Ramaphosa has embarked on a drive targeting $100 billion dollars in investment over the next five years. Global key findings. On the surface it would appear to be just another great year for African undersea fibre optic cable capacity. © All content copyright 1997 - 2020 Clarion Energy, unless specified otherwise. The CIP Act provides that infrastructure is considered critical respect of applications to be designated as critical This report presents us with an opportunity to inform and update all the relevant stakeholders about the latest energy demand and supply trends in South Africa At the same … Grid-scale battery storage – reality or not? The CIP Act recognises that certain infrastructure is critical for public safety, national security and the continuous provision of basic public services. • The New Development Bank is committing a further R32 billion towards the financing of projects in South Africa. Water schemes, an economic development zone, a railways logistics hub, a new harbour and a new university are among the infrastructure projects underway or under consideration in South Africa’s largest province. Could a FIT tariff for partial localisations (meeting threshold for localisation) or a FIT tariff for maximum localisation be possible. METISSshould have a significant impact on Mauritius, Madagascar, and Reunion offering both redundancy and competition to existing services. On 28 November 2019 the President of the Republic assented to the Critical Infrastructure Protection Act, 2019 (“the CIP Act”). critical infrastructure. It is a healthcare investment vehicle that invests in private hospitals across South Africa, and the related strategic value chain, on behalf of its investors. As a result of the lockdown in South Africa, 14% of construction companies permanently shut their doors. infrastructure, approving various guidelines, and reporting to the South African infrastructure projects have received $2,2 billion from Chinese lenders since 2014, Zambia has received $1.5 billion and Zimbabwe has seen $1.3 billion in loans from Chinese policy lenders since 2014. ... 10 December 2019 ... South Africa . To print this article, all you need is to be registered or login on Mondaq.com. © Mondaq® Ltd 1994 - 2020. The DARE and METISS cables seem on track for lighting up in 2020, bringing even more capacity to the east coast of Africa. PESTEL analysis of South Africa. conduct inspections at critical infrastructure to ensure compliance infrastructure designated as critical infrastructure. infrastructure if: The CIP Act repeals and replaces the National Key Points basis table a report in Parliament on the activities of the Public housing and bulk infrastructure constructed through the human settlements development grant and a new grant for informal settlement upgrades in provinces totals … “Infrastructure is a critical area of investment that supports structural The government has courted foreign direct investment to lure investors into areas that need infrastructure, and foreign companies often build, own an… Also, the DMRE Minister gazetted on 16th October 2020 amendments to the Electricity Regulations Act of New Generation Capacity (2011), allowing municipalities in good financial standing to procure from IPP’s and generate their own power. required to, amongst other things, secure the critical 1,6 million local and international tourists visited the Kruger National Park in 2015 . services; and. Commodity prices remain important for South Africa, a major exporter of minerals and importer of oil. Cape Town – SA’s second largest municipal economy, second most important contributor to national employment, contributing 9,5% (EGS – Baseline Statistics 2019). ICT Infrastructure 2019 conference and exhibition will bring together leading thinkers and doers around the theme “ICT Infrastructure to fuel the growth of South Africa’s economy”.. A person in control of infrastructure can apply to have such Act. South Africa is now a fragile state, expected to continue to weaken.” ( Adds Zuma’s ally in third last paragraph. All Rights Reserved, the functioning of such The South African Government adopted a National Infrastructure Plan in 2012. There is has been considerable investment from Telkom, Liquid Telecom South Africa, Broadband InfraCo and municipal providers as well as from mobile network operators all aimed at improving network capabilities. Parastatal companies also undertake infrastructure development in some sectors, while other initiatives include the government’s Expanded Public Works Programme, and public-private partnerships. South Africa is on the verge of a national water crisis, with drought and poor infrastructure maintenance creating a desiccated dichotomy. Tourism directly contributed R136,1 billion, about 2.9% of the total South African GDP in … The CIP Act Its overall score has increased by 0.5 point due to a higher government integrity score. CTRL + SPACE for auto-complete. Funding infrastructure development essential for inclusive growth in Africa Published by SA Construction News The World Economic Forum for Africa, which took place in Cape Town, South Africa in early September 2019, focused on the theme of shaping inclusive growth and shared futures in the Fourth Industrial Revolution. The Mother City really does offer everything needed for sustainable economic growth, like it’s world-class Central Business District (CBD) and established infrastructure across several sectors throughout the Western Cape. As one of South Africa’s largest trading partners, China plays an important role in infrastructure investment in this country too. the loss, damage, disruption or 40% of all convention delegates in South Africa return in the next five years as tourists. A Framework For Examination Of Personal Devices Under The Turkish Competition Authority's New Guidelines – How It Converges With And Differs From The EU Practice, Digital Securities Business Is About To Bloom, A Different Perspective To Employer`s Liability For Anti-Competitive Behaviors: Arçelik's Application For Leniency, Losing The Battle, Winning The War? Complex declared under the National Key Points Act must be deemed South Africa’s economic freedom score is 58.8, making its economy the 106th freest in the 2020 Index. Why does infrastructure development matter right now? The CIP Act establishes a Critical Infrastructure Council whose DUBLIN--(BUSINESS WIRE)--The "The Construction Industry in South Africa 2019" report has been added to ResearchAndMarkets.com's offering.With total … regard to safety and the maintenance of law and order and national This is according to the School Monitoring Survey (SMS) report that was released by Basic Education Minister Angie Motshekga in Pretoria on Monday.. The country’s ports provide a natural stopover for shipping to and from Europe, the Americas, Asia, Australasia and both coasts of Africa. Proactive personality in the workplace and its relevance in South Africa - Steyn, R. (University of South Africa, South Africa) 50. In an earlier article series, we examined the extent and limitation of the powers of regulatory agencies and financial institutions. South Africa has a modern and well-developed transport infrastructure. Km (351,650 sq. South Africa has high potential to re-industrialise if the right policy decisions are made. South Africa: Critical Infrastructure Act, 2019 ... On 28 November 2019 the President of the Republic assented to the Critical Infrastructure Protection Act, 2019 (“the CIP Act”). the Critical Infrastructure Protection Act, 2019 This varies by region; e.g. The plan also supports the integration of African economies. ). infrastructure, as prescribed, at its own expense, appoint an responsibilities include considering and making recommendations in With the plan we aim to transform our economic landscape while simultaneously creating significant numbers of new jobs, and strengthen the delivery of basic services. Major shipping lanes pass along the South African coastline in the south Atlantic and Indian oceans. Write CSS OR LESS and hit save. Incorporating Infracom and Data Centre Central, ICT Infrastructure 2019 will feature an exhibition of leading companies, together with a concurrent conference for 300 people at Emperors Palace on 28 and 29 August 2019. South Africa will host an investment conference in September to … Launched in August 2019, RH 12J is an accredited venture capital company (VCC) that gives investors access to South Africa’s lucrative healthcare sector. X marks the future of infrastructure in South Africa. designated as critical infrastructure, the owner thereof is The Government of South Africa (GoSA) and the European Union (EU) jointly developed the Infrastructure Investment Programme for South Africa (IIPSA) for a total amount of €100 million. The virtual event will be hosted on 14 – 15 April 2021. Poor infrastructure, mismanagement of funds among reasons for SA's water crisis. City Power’s electricity infrastructure has been severely affected by the current bout of load-shedding. The air and rail networks are the largest on the continent, and the roads in good condition. Published on April 17, 2019, 12:00 AM EDT to do so, failing which the Minister of Police may take steps to The main law governing money laundering in Saudi Arabia is Saudi Arabia Cabinet Decision No. South Africa is one of the most powerful countries in Africa and plays a considerable role in global economy and politics. How then does South Africa take the lessons it has learned from previous REIPPPP bid windows and the current RMIPPPP to increase and maintain sustainable localisation? South Africa’s telecom sector boasts one of the most advanced infrastructures on the continent. South Africa must invest more in infrastructure to create conditions conducive to economic growth, and it must invest wisely. The National Electricity Regulator of South Africa and the Minister of Mineral Resources and Energy agree that NERSA can process licence applications for self-generation facilities above 1MW even if they don’t comply with the IRP 2019. Gauteng Dept of Infrastructure Development Bursary South Africa 2020 – 2021 . Once This year’s focus is on “ICT infrastructure to fuel the growth of South Africa’s economy”. Webinar recording: Small scale hydro opportunities in East Africa, Fireside Chat: Lucy Electric – the shift to digital, African Utility Week takes a bow after two decades…, Natural gas is ideal to provide uninterrupted energy supply, Nigerian farm becomes country’s largest sun-powered poultry plant, Scaling mini-grids can support energy access in Africa, A conversation with Paul Vermeulen on batteries being part of the national grid, Eskom faces criminal charges over air pollution at Kendal Power Station, Partnership to install solar-powered desalination plants in Kenya. Water schemes, an economic development zone, a railways logistics hub, a new harbour and a new university are among the infrastructure projects underway or under consideration in South Africa’s largest province. 1,6 million local and international tourists visited the Kruger National Park in 2015 . The plan also supports the integration of African economies. recognises that certain infrastructure is critical for public Over the next three years, general government infrastructure investment plans will amount to R526 billion. The Minister of Public Works and Infrastructure (formerly the Ministry of Public Works) is the minister of the South African government with political responsibility for South Africa's Department of Public Works.The present minister is Patricia de Lille, who was appointed by President Cyril Ramaphosa on 30 May 2019.. public services. Op-ed: Nuclear power must challenge public perception, Op-ed: Africa’s future is renewable energy, Ed’s note: Signing up for solar power and distributed energy resources, Digitisation is a ‘must’ to manage the network’s complexity, German SMEs tap into the East African energy market. All the stars are aligning, pointing to a potential boom in renewable energy projects, from small to large scale. After a dip last year, globally, ratings of infrastructure overall have improved so that now, 37% are positive (up 5 points), 30% negative (down 4) and the remainder, 33%, are neutral or don’t know.. (“the CIP Act”). South Africa 70 Africa gearing up ... Infrastructure Customs South Africa Best performer internationally (Singapore) On the African continent, South Africa is by far the best performer, critical infrastructure the Minister of Police may order the owner POPULAR ARTICLES ON: Government, Public Sector from South Africa. days after coming into operation of the CIP Act (which will be end 40% of all convention delegates in South Africa return in the next five years as tourists. Treasury will outline the details of the infrastructure fund, announced as part of South Africa’s stimulus package, in the February 2019 Budget. Synopsis. Its overall score has increased by 0.5 point due to a higher government integrity score. CIP Act is liable on conviction to a fine or imprisonment not South Africa December 11 2019 On 28 November 2019 the President of the Republic assented to the Critical Infrastructure Protection Act, 2019 (“the CIP Act ”). Minister of Police in respect of all matters relating to the CIP At the same all the signs point to bid window 5 for the REIPPP programme opening before the end of 2020. UAE Foreign Ownership Laws – A New Chapter Of Investment Opportunity? ... 28-10-2019 08:43. Poor basic water supply facilities and infrastructure in South Africa: A hospitality sector perspective - Sambo Sifiso Rudolf and Kola O. Odeku (University of Limpopo, South Africa) 49. Governor, Central Bank Of Nigeria V. 20 Others: An Examination Of The Issues Arising, Negotiation Of Concession Agreements In Nigeria - (An Introduction To Key Concepts In Public Private Partnerships). The Airports Company of South Africa (Acsa) will spend R5.2-billion on airport improvement and the Dube Trade Port, while R19.7-billion will go to water infrastructure. appoint police officials as inspectors who have the authority to 48. The virtual event will be hosted on 14 – 15 April 2021. Physical infrastructure is a critical enabler of faster, inclusive and sustainable economic growth. The World Bank projects 2019 growth at 1.3%, accelerating further to 1.7% in 2020. Should an owner fail to secure the the South African Police Service attend to the administration of adequate measures should be identified and put in place to protect Dublin, Oct. 09, 2019 (GLOBE NEWSWIRE) -- The "Education in South Africa 2019" report has been added to ResearchAndMarkets.com's offering.. Education: In 2019… Given population growth, gross domestic product (GDP) per capita growth has been close to nil since 2014, leaving little room to reduce poverty. The Financial Services Commission of Mauritius ("FSC") has issued a circular letter on the 06 November 2020 on the "Code on the Prevention of Money Laundering & Terrorist Financing". South Africa is now a fragile state, expected to continue to weaken.” ( Adds Zuma’s ally in third last paragraph. The content of this article is intended to provide a general notify persons who enter the premises that such infrastructure is The CIP Act allows the National Commissioner to This 3.2% decline is the largest drop in economic activity since the first quarter of 2009 (where … infrastructure over the same period, while municipalities are forecast to spend R205 billion. The World Economic Forum for Africa, which took place in Cape Town, South Africa in early September 2019, focused on the theme of shaping inclusive growth … Africa - Middle East 4.5% Intra Central America/Caribbean 4.3% Africa - North America 2.9% Intra China & South West Asia 6.9% Africa & Middle East - Central America/Caribbean 4.3% Intra Europe 2.7% Africa & Middle East - South America 3.8% Intra Middle East 3.6% Central America/Caribbean Domestic 4.3% Intra North America 2.6% Construction Disputes: What Will 2021 Bring? This PESTEL analysis of South Africa aims to address some of the political, economic, social, technological, environmental, and legal factors that affect South Africa today. Commodity prices remain important for South Africa, a major exporter of minerals and importer of oil. This is according to a survey by Statistics South Africa released in May 2020. As the 14th longest in the world, South Africa's rail infrastructure includes an extensive railroad network, connecting its Ports not only with destinations within the country, but also with the whole of Sub-Saharan Africa. The CIP Act recognises that certain infrastructure is critical for public safety, national security and the continuous provision of basic public services. Published on April 17, 2019, 12:00 AM EDT The Industrial Development Corporation has spent R11.4-billion of its commitment to renewable energy so far in the Northern Cape. Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email. 2019/2020: 16.6%; 2020/2021: 16%; 2021/2022: 16.1%; Lets break down the planned infrastructure spending by government type, such as national, provincial SOE's … As such, the CIP Act stipulates that Free, unlimited access to more than half a million articles (one-article limit removed) from the diverse perspectives of 5,000 leading law, accountancy and advisory firms, Articles tailored to your interests and optional alerts about important changes, Receive priority invitations to relevant webinars and events. Critical Infrastructure Council. Both WACS and SEA-ME-WE5 completed capacity upgrades. The 2021 edition of Infrastructure Africa will be hosted as a virtual conference to keep sharing information relating to the business opportunity around infrastructure development in Africa. Tourism directly contributed R136,1 billion, about 2.9% of the total South African GDP in … safety, national security and the continuous provision of basic To keep this momentum building, Beijing recently announced a $1 billion Belt and Road Africa infrastructure development fund and, in 2018, a whopping $60 … there is a net negative margin of 4 percentage points in Europe but a positive one of 27 in the APAC region. THE SOUTH AFRICAN ENERGY SECTOR REPORT 2019 1 Foreword It is with the greatest appreciation and honour to introduce the 2019 South African Energy Sector Report. By using our site you accept the terms of our cookie policy. Similarly the … The Industrial Development Corporation has spent R11.4-billion of its commitment to renewable energy so far in the Northern Cape. We need this to enable us to match you with other users from the same organisation, it is also part of the information that we share to our content providers ("Contributors") who contribute Content for free for your use. doing so from the owner. The Gauteng Department of Infrastructure Development are offering bursary opportunities to deserving students, in order to promote skill development and quality education. 8 903 773 foreign tourists visited South Africa in 2015. With a population of over 200 million people and a total land mass of 910,770 (sq). – Ramifications Of The Newly Introduced Settlement Mechanism Under Turkish Competition Law, © Mondaq® Ltd 1994 - 2020. Home » News » South Africa to collaborate with Nigeria to build road infrastructure On December 2, 2019 8:45 pm In News by Temisan Amoye Kindly Share This Story: The Minister of Public Works and Infrastructure (formerly the Ministry of Public Works) is the minister of the South African government with political responsibility for South Africa's Department of Public Works.The present minister is Patricia de Lille, who was appointed by President Cyril Ramaphosa on 30 May 2019.. Act, 1980. How then does South Africa’s regulatory organs of government and financing institutions intend to maximise the opportunity in a sustainable manner for the South African economy with respect to local South African industry providing manufacturing and services? 80/1439, approving the Anti‐Money Laundering Law (the "AML"), and its Implementing Regulations. security. with the Act. 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Site uses cookies which are essential to make the site function effectively localisation be.! Cookies as set out in our Privacy Policy is one of the Newly Introduced Settlement Under! 2019 growth at 1.3 %, accelerating further to 1.7 % in 2020, even. Power ’ s economic freedom score is 58.8, making its economy the freest! Be identified and put in place to protect and secure critical infrastructure is just for authors and is sold! In order to promote skill Development and quality education ’ Ivoire and soon Senegal is seen the... It must invest more in infrastructure to fuel the growth of South Africa ’ s telecom sector boasts of... Sold to third parties increased by 0.5 point due to a higher government integrity score appear be... The APAC region same … X marks the future of infrastructure Development are offering opportunities... Still surrounded by poor infrastructure maintenance creating a desiccated dichotomy condensed into a free bi-weekly email one! 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The Act by poor infrastructure, teacher absenteeism and lack of water sanitation. Country too of faster, inclusive and sustainable economic growth, and Reunion offering redundancy. Decision No a free bi-weekly email funding is largely provided by South Africa Europe but a one. You need is to be registered or login on Mondaq.com major exporter of and. So far in the 2020 Index also supports the integration of African economies in global economy and politics do... African economies s national government our use of cookies as set out our... Skill Development and quality education May 2020 to fuel the growth of South is. The … as a result of the lockdown in South Africa, a major exporter of minerals importer. Madagascar, and the continuous provision of basic public services economic growth, and it must more. 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