Presidency official links reforms to lifting fixed investment to 20% of GDP

Raising gross fixed capital formation (GFCF) to between 18% and 20% of GDP is key to lifting growth to the 3% target, The Presidency’s project management office head Rudi Dicks argues. While also asserting that there are signs that Operation Vulindlela-linked reforms are starting to spur higher levels of capital investment in the economy. Pressed during a PSG webinar to put a figure to the investments catalysed by Operation Vulindlela, Dicks stated that R500-billion had been unlocked mainly in the form of renewable-energy projects, but also in the areas of telecoms, transport and water.
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EPCs necessary to improve energy efficiency of South Africa’s buildings

The new regulations requiring buildings to display their energy performance certificates (EPCs), which rate their energy-use efficiency, at entrances come into force on December 7. While undertaking the process to obtain an EPC may seem difficult for building owners and tenants, the first step is to register their buildings and then to take progressive steps to gather the information needed, conduct audits and receive EPCs that display the energy efficiency of the building and its operations.
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