SA Structural Reforms Gain Momentum

The Presidency and National Treasury have reported progress in South Africa’s economic reform agenda, with the Operation Vulindlela (OV) Phase II Q3 Progress Report highlighting milestones achieved between October and December 2025. The report says 47% of reform activities are currently on track, signalling higher policy credibility and a growing momentum for the "A Nation That Works" 2030 vision.

One of the Q3 milestones was the transition toward a competitive electricity market, the report says. The National Energy Regulator of South Africa (NERSA) approved a Market Operator license for the National Transmission Company (NTCSA) and published draft electricity trading rules to establish a transparent regulatory framework. Additionally, renewable energy efforts surged as four projects from the fifth procurement round reached commercial operation, adding 365 MW to the national grid.

In the logistics sector, a landmark 25-year concession agreement was signed for Durban Container Terminal Pier 2, unlocking over R11 billion in private investment for infrastructure and advanced technology. Transnet also reported a 4.4% increase in rail volumes, supported by its ongoing fleet renewal programme and the anticipated publication of the Network Statement in March 2026.

The digital sector saw the gazetting of new Remote Work and Trusted Employer visa schemes to attract global talent. Simultaneously, the "MyMzansi" digital government platform demonstrated a successful prototype, aiming for a single digital entry point for government services. In water reform, the National Water Resources Infrastructure Agency (NWRIA) is on track to be operationalised by April 2026, targeting the restoration of financial sustainability to the sector.