BLSA Tracker

Economic

Addressing spatial inequality

Climate and environment

Digital transformation infrastructure

Financial sector reforms

Freight Logistics

Other infrastructure

Deliverables

Clear existing backlog of title deeds for subsidised housing Increase the small estates threshold Resolve outstanding planning approvals for housing projects Clarify, simplify and streamline regulations and procedures for the release of public land Conduct an audit of under-utilised public properties in metros and secondary cities Identify and release nationally-owned land and properties to housing developers for affordable housing Complete the rolling stock modernisation programme Develop a roadmap for passenger rail including a strategy to manage devolution to capable local and regional authorities Return passenger rail corridors and stations to service Review and adjust regulations to remove barriers to low-cost housing development Introduce a demand-side rental subsidy for affordable housing Redesign the First Home Finance subsidy to increase uptake Climate Change Climate Change Bill enacted Updated NDCs Establish a zero-rated platform for access to government information.Establish a zero-rated platform for access to government services through multiple channels.Digital infrastructure roadmap Establish an Inter-Departmental Working Group (IDWG)Digital transformation: Enable bulk data access to research; monitor and improve service delivery Enable real time data access through a data exchange for key administrative databases.Establish universal biometric enrolment & introduce a foundational digital ID system Establish a payment bridge and switch to enable seamless transactions with government.Introduce payment standards and interoperability through Integrated Financial Management System (IFMS).Gas electricity (floating) projects Enabling municipalities to procure excess electricity from households Eskom land use programme Increase in planned Eskom maintenance Pathway to stabilisation Pathway to stabilising power supply and achieve higher Eskom EAF VGBE report recommendations implemented by Eskom Battery storage BW1 Battery storage BW2 Battery storage BW3 Gas BW1 (site agonistic)Gas BW1.5 (Richards Bay, Phakwe)Mozambique electricity imports REIPPPP BW7 REIPPPP BW5 REIPPPP BW6 Gas electricity capacity BW2 Integrated Resource Plan 2024 New coal-fired electricity BW1 New coal-fired electricity BW2 Nuclear electricity plant BW REIPPPP BW8 Additional renewable energy development zones DFFE EIA permitting regime change Energy Security Bill ERA Bill/Act Raising cap on self-generation to 100MW threshold Removal of 100MW threshold Eskom Distribution company unbundling Eskom Generation company unbundling “Real” wheeling protocols Standard Offer to acquire electricity programme Virtual wheeling protocols Energy one stop shop Environmental permit timeline Land use authorisation timeline Nersa registration timeline Municipality Eskom debt workout strategy Curtailment protocol Establishing the Independent Transmission Project (ITP) procurement office Full unbundling of NTCSA Independent Transmission Project (ITP) funding model Interim Grid Capacity Allocation Rules (IGCAR)Removal of NTCSA upstream guarantee ('Lazard Structure')Include AI governance principles in the Joint Standard on Culture and Governance with a financial sector focus.SARB empowered to manage systematically important financial institutions (SIFIs) failures.Capital flows management framework review; fostering business growth, promoting investment in the region, promoting trade Capital flows management framework review; fostering business growth, promoting investment in the region, promoting trade; fostering business growth, promoting investment in the region, promoting trade Transitioning cash market products (loans, bonds, money market instruments) from JIBAR to ZARONIA by defining a fallback methodology: compounded ZARONIA + credit adjustment spread (CAS).Mandatory task force on climate-rated financial disclosures (TCFD)-aligned reporting.Enact COFI Bill to harmonise market regulation Improving credit information and reporting through national credit bureau and data-sharing reforms.Comprehensive upgrade and rollout of South Africa’s digital identity verification system. Verification for both public and private sector services, including banks, insurers and telcos.National Treasury and Stats SA are implementing new data collection protocols, digital platforms and legislative reforms to modernise the national statistics system New requirements for cybersecurity resilience, eg, all financial institutions to adopt robust cybersecurity, risk management and incident response frameworks.Corporation for Deposit Insurance (CODI) - Provision for protection in event of bank failure in March 2023, Provisions for collecting premiums effective from 1 April 204 Deepening financial inclusion for individuals - NT to implement strategy in 2024 Improved access for SMEs, diversification, innovation, competitiveness Crypto asset policy.Supporting SMEs through payments innovation Tokenisation (aka Blockchain).Regulation of fintech, crypto assets and digital payment providers.Modernise forex system for trade and investment to align with OECD code of liberalisation.Comprehensive review and overhaul of the regulatory framework for the distribution of funeral insurance.Restructuring the Gold and Foreign Exchange Contingency Reserve Account to manage forex reserves and reduce government borrowing.Develop a national green finance classification system.Implementation of the Basel III revised leverage ratio, including an updated exposure definition to better capture both on- and off-balance sheet risks.Extension of market abuse rules to new asset classes as part of market integrity reforms.New standards for exchanges and market infrastructures with the draft expanded in 2024.New reporting requirements and supervision.Consolidation of four ombuds offices into a single redress system.Real-time low-cost payment platform (SARB project Khokha) with the potential to boost financial inclusion.Implementation of regulatory reporting requirements for margin on non-centrally cleared OTC derivatives, using the Umoja platform to submit returns Strengthening governance and investment oversight in pension funds through new standards and proactive supervision.Risk-based supervision and capital adequacy reforms through enhanced monitoring, stress testing and reporting.Two-pot system/early access to retirement funds Unclaimed assets - Recommendations published by FSCA published in 2022 - stakeholder feedback/response expected in 2024 Unclaimed assets.Replacement of all previous operational risk capital approaches (advanced measurement approach and three standardised approaches) with a single, risk-sensitive standardised approach for all banks.Implementation of Basel III reforms to enhance risk sensitivity, granularity and consistency in credit risk calculations.Strengthening liquidity support for banks through enhanced assessment and support mechanisms Move to new benchmark rate for money markets by phasing out JIBAR benchmark rate.Establish the private sector participation( PSP) unit Identify and pursue appropriate PSP models for the rail network Develop the Rail Bill Establish Interim Rail Economic Regulatory Capacity (IRERC)Establish Transport Economic Regulator National passenger rail policy National Rail Bill National Rail Master Plan - network rightsizing Remove quasi regulatory function from Transnet entities (eg, TNPA) (eg TNPA)DoT private sector participation unit Finalise the access pricing methodology Finalise the Network Statement and open requests for access Port concessioning - Durban Port concessioning - other Rail Network Statement Road to rail strategy Third party rail access/3PRA (round 2)Devolution of Commuter Rail Strategy Establish independent infrastructure manager Establish interim infrastructure manager TNPA corporatisation.Corridor recovery teams Freight logistics roadmap New TFR scheduling system Pathway to 193MT SAPS Rail TFR OEM partnerships for locomotives Transnet board's recovery plan Labour Test Updated Production - Boegoebaai National Petroleum Company Bill (aka Eskom 2.0)UPRDB Gas Utilisation Masterplan (GUMP)Integrated Energy Plan (IEP)Digitalisation process Red tape reduction unit work New cadastral system Actual devolution Analogue switch off Spectrum auction Expanded list of countries Clear the backlog of visa applications and reduce processing times Implement the points-based system for the skilled work visa.Regularise critical skills list updates Implement a fully automated Electronic Travel Authoriation (ETA) system Implement e-Gates at major ports of entry New visa categories Process stream lining Removal of red tape Trusted employer scheme Develop a National Water Action Plan Licensing and production Water hydropower licensing Strengthen intervention in municipalities that fail to meet minimum norms and standards for water service delivery.Blue Drop / Green Drop publication Municipal intervention strategy Establish a coordination structure to oversee implementation of the National Water Action Plan Policy document and implementation Permanent strategy implemented Amend the Water Services Act to create a separation between water service authorities and water service providers.Establish an independent water regulator to strengthen oversight of water services National Water Resources Infrastructure Agency Act Water Partnerships Office Consistent 90-day turnaround