ECONOMIC REFORM: LATEST PROGRESS REPORT PUBLISHED

The Presidency and National Treasury have released a report on progress with implementing Operation Vulindlela economic reforms during the third and fourth quarters of 2023.

According to an accompanying media statement, ‘while the impact of these reforms may not be immediate, it will be significant’. Building on achievements since Operation Vulindlela’s launch in October 2020, recent interventions have included:

  • a ‘re-engineered’ water use license application system
  • a more enabling environment for private sector participation in port container terminal operations and the freight rail network
  • the completion of Transnet Freight Rail’s accounting process for separating its operations and rail infrastructure units, and establishing ‘an interim infrastructure manager’ (in which regard the report emphasises the significance of an Economic Transport Regulator Bill now in the final stages of its passage through Parliament), and
  • ‘further progress in … unbundling … Eskom into separate entities for generation, transmission, and distribution’.

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Published by SA Legal Academy Policy Watch

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