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ESKOM, TRANSNET TOP SPENDERS!

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Pali Lehohla released the Capex report yesterday.   Photo by      Samson Ratswana
Pali Lehohla released the Capex report yesterday. Photo by Samson Ratswana

STATISTICIAN General Pali Lehohla released last year’s capital expenditure report for the public sector in Tshwane yesterday.

He said the report showed that capital expenditure by public sector institutions increased by R18 billion, from R265 billion in 2015 to R284 billion last year.

The capital expenditure included new construction works, plants, machinery, equipment, land and existing buildings.

It also included transport equipment, leased assets and investment property, as well as other fixed assets.

According to Lehohla, the largest share of the R284 billion was spent by public corporations, with Eskom and Transnet using the bulk.

“An amount of R70 billion was spent on power generation projects at Kusile, Medupi and Ingula,” he said.

The public corporations were followed by municipalities, with R66 billion (23%), provincial governments at R36 billion (13%), and national government at R18 billion (7%).

Public higher education institutes had received the smallest share of the total R7 billion (2%).

He said the expenditure on new construction works rose from R174,4 billion in 2015 to R194,9 billion last year.

Lehohla said the capital expenditure on land and existing buildings increased by R2,9 billion from 2015.

He said decreases were recorded on plant, machinery and equipment from R62,1 billion in 2015 to R53,9 billion in 2016.

Lease assets and investment property also decreased from R1,9 billion to R1,6 billion.

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