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OPINION: Built Environment Professionals' participation in upcoming national elections is vital

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Mlondi Cele, a Built Environment Professional, emphasizes the significance of the upcoming national elections for the construction and built sectors. He encourages stakeholders to actively participate and articulate their expectations to influence economic policies and attract investments. Cele believes that the involvement of industry professionals and stakeholders in the elections can positively impact the industry's future and create favorable outcomes for all. The South African elections are of paramount importance to the construction and built sectors, as they have the potential to significantly influence their future trajectories. Economic, policy, and regulatory changes stemming from the elections can either catalyze growth or present novel challenges. Consequently, it is a pivotal juncture for stakeholders in these industries to actively participate in the electoral process and advocate for their interests. The construction and built environment industry plays a central rol
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NEWS: Corruption, lack of infrastructure investment could hurt SA's growth.

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Chief economist at Econometrix, Azar Jammine, said that corruption and a lack of infrastructure investment could hamper the country's economic growth.


Azar Jammine was worried that the recent improvement in the economy might not be sustainable if government failed to follow through with investment plans.

While economists and political parties have welcomed the positive outlook for the economy, some are worried that it may be short-lived.

The country averted a technical recession in the third quarter of 2022, with Stats SA announcing that the economy was now larger than it was before the COVID-19 pandemic.

The biggest contributors to economic growth included finance, agriculture, transport and manufacturing.

The African National Congress (ANC) said that the green shoots were an early indication that the economic reconstruction and recovery plan by President Cyril Ramaphosa was effective.

But Jammine said that government could not afford to rest on its laurels.

ALSO READ: An unwillingness to crowd in the private sector on infrastructure roll-out

"It's good news in the short term, let's enjoy it but we need to build on it in a big way."

Jammine said that government interventions must include a strong fight against corruption, restructuring SOEs and encouraging infrastructure investment.

The source for this hardhatNEWS article: Eye Witness News

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