South Africa’s Finance Minister, Enoch Godongwana, has identified infrastructure investment as the cornerstone of the country’s economic growth in his 2026 Budget Speech. He announced that public‑sector infrastructure spending will reach approximately $68 billion over the next three years, with government accelerating reforms aimed at attracting greater private‑sector participation in the infrastructure pipeline.

Innocent Semosa spoke to Dr Clement Moyo, Economist at Ntiyiso Industrialisation Consulting.