National Treasury has issued an instruction in terms of the Public Finance Management Act (PFMA), and a circular in terms of the Municipal Finance Management Act (MFMA) linked to the implementation of a Standard for Infrastructure Procurement and Delivery Management.
This year saw the road shows of the SAICE Young Members Panel take to the streets again in an effort to contribute to the education of final-year civil engineering students on matters affecting their engineering future. This year PPS, financial service provider for professionals, invested in this initiative by sponsoring three road shows, thereby assisting SAICE in its quest to inform students and help them on the road towards becoming well-rounded professionals.
The above-mentioned article by Johann van Rensburg refers.
Whilst I totally agree that increasing fuel efficiency, electric vehicles, etc, will eventually influence the revenue from the fuel levy (a proxy for a road user charge) in SA, I wish to point out a slightly different perspective based on the numbers provided by the author.