Current Edition >> Archives Section >> Leading Stories >> 1-16 March 2005
The budgeted amount for the national public expenditure programme to be rolled out soon is R327 billion. Salient features of this programme is that 60% must be of local content, while not more than 40% should leave SA’s shores. Trade & Industry Minister Mandisi Mpahlwa stated emphatically that every effort would be made to maximise local content and only where absolutely necessary would goods and services be procured from abroad. Of the R327 billion public-infrastructure expenditure electricity parastatal Eskom would spend R84 billion, logistics parastatal Transnet R47 billion, water parastatal TCTA R19,7 billion and airports parastatal Acsa R5,2 billion. The latter includes construction of the new Dube Trade Port in Kwazulu-Natal as a public-private partnership.
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