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Busisiwe Mavuso | Bureaucracy is killing infrastructure projects. It's time to cut the red tape

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Busisiwe Mavuso.
Busisiwe Mavuso.
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The infrastructure fund, launched in August 2020, which had a target of spending R100 billion on new projects over the next decade, was meant to leverage as much as R1 trillion in new infrastructure investment flowing from the private sector. But not one large infrastructure project has brought to market since, says Busisiwe Mavuso. 

It’s a startling fact that not one large infrastructure project has been brought to market since President Cyril Ramaphosa launched the infrastructure fund in August 2020, which had a target of spending R100 billion on new projects over the next decade.

That was intended to leverage as much as R1 trillion in new infrastructure investment flowing from the private sector and was the core economic stimulus announced in the President’s Economic Reconstruction and Recovery Plan in 2020 in response to the crippling economic effects of the Covid-19 pandemic.

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