By Bulelani Balabala for Township Entrepreneurs Alliance – TEA
Government Infrastructure Spend:
Over R1 trillion allocated for infrastructure in transport, energy and water.
Small businesses can supply materials, provide services or subcontract for major projects.
Public-private partnerships (PPPs) will reduce red tape and allow more private sector participation.
Support for Digital Economy & Connectivity:
Cost of data reduced by 51%, making it cheaper for businesses to operate online.
Expansion of e-visas for 34 countries will boost tourism, creating demand for services and products.
Harnessing digital infrastructure in Phase 2 of Operation Vulindlela to support entrepreneurship.
Local Government Contracts & Service Delivery:
Local municipalities receiving R2.4 trillion over three years.
Small businesses can tap into supply opportunities in water, waste management and other local services.
Performance-based municipal funding means better-managed municipalities will have more funds to contract services.
New Energy & Transport Investments:
R219.2 billion for energy infrastructure, providing opportunities in solar, wind and backup power solutions.
R402 billion for transport – township-based logistics businesses can secure contracts in road maintenance, transport services and vehicle leasing.
Manufacturing & Export Growth:
Freight logistics system reforms allow more small and medium exporters to use rail and ports.
Visa reforms for skilled immigrants will increase demand for rental housing, local services and businesses.