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Economy

SA Deputy President highlights infrastructure development as key to economic growth

Date: Apr 7, 2025

South Africa’s (SA) Deputy President, Paul Mashatile, has emphasised the importance of infrastructure development as a driving force for economic growth.

Speaking to the media after delivering the keynote address at the Ahmed Kathrada Foundation Legacy Business Breakfast in Illovo, Johannesburg, this morning, Mashatile addressed the impact of United States President Donald Trump’s tariffs on global markets and their implications for SA’s economic outlook.

Mashatile revealed that $2.07 billion has been allocated for infrastructure development in the current budget, with $48.62 billion already earmarked by the Minister of Finance for infrastructure investments.

"We think that we can drive growth through infrastructure investment," Mashatile stated.

"We will be sorting out our ports, we will be sorting out Transnet freight rail to ensure that we can take goods to the ports. You know that our ports were flocked, so we are going to ensure that we fix that."

--SABC/ChannelAfrica--