# National Treasury says the structural changes being ushered in through Operation Vulindlela will take time. The operation is designed to accelerate high-impact structural reforms and drive economic recovery in South Africa. Electricity has been one of the key focus areas of reform. Treasury’s Director-General, Duncan Pieterse, says the drive for new renewable energy investment continues, but the constraint is now the national grid itself, which needs more than 100-billion-rand of investment to expand and modernise. He adds that reforms in freight rail, infrastructure and water will also end century-old monopolies.
Treasury says Operation Vulindlela reforms will open markets to competition and private investment