Share

Patel: Govt spent R1bn a day on infrastructure

Cape Town -  The South African economy created 712 000 jobs in 2015 – mostly in the agricultural, construction and business sectors, said Ebrahim Patel, Minister of Economic Development.
 
Patel was the first speaker in the second day of the debate of President Jacob Zuma’s State of the Nation address.
 
“Unlike opposition parties who resort to schoolboy tactics, the ANC rightly focuses on the economy. The new global economic context has a profound impact on South Africa and we need to step up efforts and organised labour to create jobs and heal factious relationships.”
 
According to Patel, government spent altogether R290bn on infrastructure in the past year. “This translates to more than R1bn every working day.”
 
The R1bn per day expenditure, Patel said, helped to build three new technical colleges and two new universities, connected close to 300 000 homes to the electricity grid and repaired 24 000 km of roads.
 
“Behind these numbers are South Africans whose lives were improved. A total of 200 000 workers are now employed on government’s public infrastructure programme. This helped millions of people in townships and suburbs to experience change in their lives.
 
“It’s not a headline in the newspaper, but it transform lives,” Patel concluded.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.80
+1.1%
Rand - Pound
23.49
+1.3%
Rand - Euro
20.10
+1.5%
Rand - Aus dollar
12.28
+1.0%
Rand - Yen
0.12
+2.8%
Platinum
923.40
-0.2%
Palladium
957.50
-3.3%
Gold
2,336.75
+0.2%
Silver
27.20
-0.9%
Brent Crude
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders