Finance Minister Tito Mboweni tabled the annual 2020 Budget on Wednesday and infrastructure development took center stage.
In the lead up to Mboweni asked South Africans to submit 2020 Budget tips. One South African who did was Funanani Sikhwivhilu from Limpopo who said “Infrastructure development should be a priority for the government” and the Finance Minister agreed. According to Mboweni, over the next three years the Development Bank of Southern Africa will package blended finance mega-projects of least R200 billion while government has committed R10 billion over the next three years.The VulekaMali internet portal shows that there are currently 25 infrastructure projects scattered across the country that have received funding.
The infrastructure projects fall under a variety of sectors including water and sanitation, transport, justice and constitution, health, police, basic education, science and finally higher education and training.
