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In his letter to the country this week – From the Desk of the Presidency - our president focused on Operation Vulindlela and South African infrastructure, including electricity, water, transport and telecommunications. Inefficiencies in these areas have in the past impeded economic growth - and expensive network services are a handbrake to conducting business in South Africa.
“A factory can only operate effectively with a reliable and affordable supply of electricity. A farm with irrigated farmlands can only produce food if its application for a water use license is processed timeously. A mine can only transport its minerals for export if the railways are functioning properly. And a small business cannot thrive if it lacks access to the internet or if the cost of data is too expensive.
“To address and overcome these challenges, we set up Operation Vulindlela in October 2020,” – President Ramaphosa.
His Excellency recently attended the official opening of Corobrik’s Kwastina factory and delivered the keynote address at the opening in Driefontein, Gauteng. At the 8th Elective Conference of the Congress of Traditional Leaders of South Africa (Contralesa), President Ramaphosa delivered the keynote address and at the funeral service of former President Emilio Mwai Stanley Kibaki, he paid his last respects to the former Kenyan president. On a happier note, His Excellency led national celebrations of Freedom Day at the Kees Taljaard Stadium in Middelburg, Mpumalanga.
This May edition of PSL celebrates Energy Month and we take a look at South Africa’s journey towards green hydrogen energy, with all the opportunities this provides. SARS celebrated their 25th anniversary last month and in the article #YourTaxMatters we unpack the preliminary tax revenue collection outcome for 2021/2022 yielding fantastic results with the collection of just over R1.56 trillion - a 25.1% increase from the previous tax year.
The first of May is Labour Day – and we zoom in on five tips for HR practitioners managing the hybrid workplace. In Other News we celebrate a massive injection into the South African motor industry and in Legal Matters we cover the four-letter acronym, CCMA, while our Financial Fitness article takes a look at retirement annuities – what they offer, and what they don’t.
Whether you are in the public sector, the private sector, supply chain or an interested individual, PSL has something for you.
We hope you enjoy the read.
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