The housing deficit exceeds 50 million homes, leaving millions of families in informal settlements or inadequate housing.
Private capital is not absent to fund infrastructure in South Africa, it is waiting.
This is as the country's infrastructure debate often begins with the same question: where will the money come from?
It is the wrong starting point, says Rachel Mukuze, the senior investment professional at Old Mutual Alternative Investments.
The real constraint is that too few infrastructure projects are prepared, structured and governed in a way that gives long-term investors the confidence to fund them,
