President Cyril Ramaphosa has signed into law the South African National Water Resources Infrastructure Agency SOC Ltd Bill.
President Cyril Ramaphosa has enacted legislation to create a new state-owned company focused on water infrastructure.
These reforms are driven by Operation Vulindlela, a joint initiative of the Presidency and National Treasury to support economic recovery through structural reforms. “Over the past few years, there has been an emerging recognition of the need for a stronger public sector in the key area of infrastructure development, effective maintenance, operation and management of existing infrastructure, and to support social and economic development,” said the Presidency.
The new state-owned company comes as South Africa faces extreme water supply issues, with taps regularly running dry in Johannesburg, the nation’s richest city. On Monday , the president assigned shareholder responsibility for each state-owned enterprise previously under the stewardship of the now-defunct Department of Public Enterprises to the respective line-function Ministries.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ramaphosa appoints acting president of South Africa ahead of Angola visitPaul Mashatile is in charge of South Africa while President Cyril Ramaphosa is out of the country on a working visit to Luanda.
Read more »
South Africa: Chidimma Adetshina Withdraws From Miss South Africa Pageant'...After much careful consideration, I have decided to withdraw myself from the competition for the safety and well-being of my family and me.'
Read more »
vivo South Africa lights up Miss South Africa 2024: Radiant celebration of SA womenMia le Roux made history as the first hearing-impaired woman to take the title.
Read more »
The two most expensive cities for rent in South AfricaTwo of South Africa’s three capital cities charge the most for rent in South Africa.
Read more »
Ramaphosa signs new police laws for South AfricaPresident Cryil Ramaphosa has signed another Bill into law, with major changes to how policing works in the country.
Read more »
Ramaphosa signs new electricity laws for South AfricaPresident Cyril Ramaphosa has signed into law the Electricity Regulation Amendment Act.
Read more »