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CAREERTIP : Master soft skills to become successful

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In today's dynamic work environment, the significance of soft skills should not be underestimated. Far from being simple, abilities like communication, emotional intelligence, resilience, leadership, teamwork, adaptability, and empathy form the foundation for success. Mastering these skills can often pose greater challenges than acquiring hard, job-specific, technical skills, which may require years of formal education or work experience. In the past, employers prioritized technical skills over interpersonal qualities when hiring and promoting employees. This resulted in leaders and staff lacking collaboration, self-regulation, and effective leadership. "Soft skills" are essential for effective teamwork and leadership, and cannot be outsourced or automated. Research predicts that soft skill-intensive occupations will comprise two-thirds of all jobs by 2030. Organizations that invest in developing their employees' power skills will be better equipped to adapt to change
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REVIEW : Revised PPP framework can aid infrastructure investment

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The revised regulations are designed to provide clarity on the institutional structures and responsibilities of stakeholders throughout the PPP project lifecycle. The objective is to facilitate private sector involvement in investment opportunities while acknowledging and addressing the potential risks associated with PPPs.

In February, the National Treasury sought public feedback on proposed amendments to National Treasury Regulations (NTR) 16 and key aspects of municipal public-private partnerships (PPPs) legislation. This review aimed to align regulations with recommendations based on a comprehensive review of the PPP framework.

The proposed changes establish two PPP pathways: one for high-value projects and a simplified version for projects valued below R2 billion. The amendments aim to improve project execution discipline by limiting accounting officers' ability to cancel valid projects while providing greater investment certainty.

Furthermore, the regulations aim to accommodate unsolicited proposals and establish a clear framework for the private sector to pursue projects under well-defined rules. A key advantage of PPPs is their ability to reduce the government's need for upfront capital investments in infrastructure service delivery.

However, one of the obstacles South Africa faces is the credibility crisis in the PPP market. Despite this, the country is well-positioned to attract private-sector investment for PPP projects, which are essential for electricity, water, and road infrastructure developments.

The full article can be read on ENGINEERING NEWS follow our Whatsapp channel here for more hardhatREVIEWS.

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