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Infrastructure

GIC raises R616m for public infrastructure development
20th September 2024 By: Schalk Burger

Social infrastructure developer Gap Infrastructure Corporation (GIC) has successfully raised R616-million in private investment to accelerate the country’s social and public infrastructure... 


RMB infrastructure sector solutions head Judy Kobus
RMB funded renewables projects worth R50bn last year and is gearing up for private grid prospects
19th September 2024 By: Terence Creamer

Corporate and investment bank RMB reports that it financed renewable-energy investments worth R50-billion over the past year and is expecting ongoing high levels of renewables funding this year,... 


Wind and solar
South Africa’s first Just Transition perception survey highlights low awareness and concern over impacts
18th September 2024 By: Terence Creamer

A new South Africa-wide survey shows that, while 62% of respondents support the shift from coal to renewable energy, a striking 65% have never heard of the term ‘Just Transition’. In addition, the... 


Raubex to report up to 55% y/y increase in interim HEPS, EPS
18th September 2024 By: Creamer Media Reporter

Specialist infrastructure development group Raubex expects to report a "solid set" of financial results for the six months ended August 31, noting that its construction materials, roads and... 


Transport Minister Barbara Creecy addressing a Steel and Engineering Industries Federation of Southern Africa conference in Ekurhuleni
Creecy sets year-end deadline for rail Network Statement amid ‘complicated tariff balancing act’
17th September 2024 By: Terence Creamer

Transport Minister Barbara Creecy says that, despite Transnet’s turnaround progress, the State-owned enterprise is not able to meet the target of increasing South Africa’s yearly rail volumes to... 


Eskom's Duvha power station
Eskom completes first phase of host community housing renovations
16th September 2024 By: Marleny Arnoldi

State-owned power utility Eskom has completed the Masibambisane Air Quality Offset (AQO) project at low-income households in the Ezamokuhle community, in Amersfoort, Mpumalanga. The project has... 


BRICS Business Council working groups offer updates on work in the year-to-date
13th September 2024 By: Darren Parker

The BRICS Business Council has provided an update on its work thus far this year, reflecting on progress made and the challenges posed by the inclusion of Egypt, Ethiopia, Iran and the United Arab... 


Image of CoCT's study areas for its LSDF
Cape Town proposes new CBD spatial plan; expects up to 50 000 new inner-city residents by 2040
13th September 2024 By: Irma Venter

The City of Cape Town (CoCT) has invited the public to comment on its 2040 local spatial development framework (LSDF) for the central business district (CBD). The LSDF will guide decisions about... 


R217-billion investment set to transform eThekwini
13th September 2024

The eThekwini municipality aims to propel the city into a new era of prosperity through a R217-billion investment in development projects, which is expected to create 300 000 jobs. On August 14,... 


Expansion of Infrastructure SA central to DPWI’s strategy, Telkom Towers deal to be probed – Macpherson
13th September 2024 By: Irma Venter

The expansion and capacitation of Infrastructure South Africa (ISA) is central to the Department of Public Works and Infrastructure’s (DPWI’s) strategy for increased infrastructure investment, says... 


R50-billion in tenders out to market, another R1.8bn to follow – Sanral
13th September 2024 By: Irma Venter

The South African National Roads Agency Limited (Sanral) says it is currently evaluating 96 tenders worth R35-billion, while 86 contracts worth R15-billion have already been awarded since the start... 


NDB approves $1bn loan for SA, inks deal for more billions with Transnet
13th September 2024 By: Irma Venter

The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s... 


New impetus needed if South Africa is to begin meeting R&D investment goals
New impetus needed if South Africa is to begin meeting R&D investment goals
13th September 2024 By: Martin Zhuwakinyu

In the drive for economic advancement and global competitiveness, innovation stands as a pivotal force, with the Organisation for Economic Cooperation and Development (OECD) highlighting that a... 


An image of a Rea Vaya bus station
Agency refines project implementation processes
13th September 2024 By: Nadine Ramdass

The City of Johannesburg’s (CoJ’s) implementing agency, the Johannesburg Development Agency (JDA), is focused on enhancing its project implementation unit and refining its project delivery model,... 


An image of the N2 following its repair
Road reconstruction completed ahead of schedule
13th September 2024 By: Nadine Ramdass

Multidisciplinary professional engineering firm Zimile Consulting Engineers completed reconstruction of the N2 highway, between Durban, in KwaZulu-Natal, and Cape Town, in the Western Cape, a month... 


M&R CE Henry Laas
M&R positive about profitable returns from FY25 as rightsizing bears fruit
12th September 2024 By: Marleny Arnoldi

Engineering and contracting services company Murray & Roberts (M&R) has said the voluntary administration of its Australian businesses from December 2022, continued to impact it throughout the... 


Generic image of road construction
N2 Cape Town to get R2bn upgrade, R7bn to be spent on N1, Huguenot Tunnel – Sanral
12th September 2024 By: Irma Venter

The South African National Roads Agency Limited (Sanral) has a number of multibillion-rand projects in the pipeline in its Western Region, which includes the Western and Northern Cape. On a... 


Afrimat Construction Index bounces back in second quarter
Afrimat Construction Index bounces back in second quarter
12th September 2024 By: Irma Venter

The Afrimat Construction Index (ACI) has managed to bounce back in the second quarter of this year. The ACI is a composite index of the level of activity within the building and construction... 


JDA appoints new board members
11th September 2024 By: Schalk Burger

The Johannesburg Development Agency (JDA) has appointed a new chairperson Julias Maputla, new non-executive directors and new members of its independent audit committee. The new board members bring... 


M&R's Bedfordview offices
M&R's attributable loss narrows to R138m
11th September 2024 By: Creamer Media Reporter

Engineering and contracting services company Murray & Roberts (M&R) has substantially narrowed its attributable loss to R138-million for the financial year ended June 30, from the loss of... 


European Investment Bank VP Ambroise Fayolle
EIB, DBSA increase funding for private renewables projects to R11.9bn
11th September 2024 By: Terence Creamer

The European Investment Bank (EIB) has approved another €100-million (R1.98-billion) loan in support of the Development Bank of Southern Africa’s (DBSA’s) Embedded Generation Investment Programme,... 


Wolfgang Neff
We all feel a lot better about South Africa, says WBHO boss
11th September 2024 By: Irma Venter

Wilson Bayly Holmes-Ovcon (WBHO) is currently in “a good space”, says CEO Wolfgang Neff. “We all feel a whole lot better about South Africa.” 


European Commissioner for Energy Kadri Simson at a briefing in Pretoria
R628m in EU grants to support South Africa’s goal of building green-hydrogen ecosystem
9th September 2024 By: Terence Creamer

The EU has announced R628-million (€32-million) in grant funding to support the development of South Africa’s nascent green-hydrogen industry, as well as to facilitate net-zero-related investments... 


Image of construction work on the N2 Wild Coast project
Sanral awards R1.4bn in contracts in the Eastern Cape; another R3.8bn to follow
9th September 2024 By: Irma Venter

The South African National Roads Agency Limited (Sanral) has awarded 12 road infrastructure contracts to the value of R1.4-billion in the Eastern Cape since the start of the 2024/25 financial year,... 


Business Unity South Africa CEO Cas Coovadia
Business calls for soul searching on Nedlac’s future amid big socio-economic shifts
6th September 2024 By: Terence Creamer

While reaffirming its commitment to the National Economic Development and Labour Council (Nedlac), organised business has again questioned whether the structure’s current composition and... 


Macpherson signs two declarations of intent with Chinese groups
6th September 2024 By: Irma Venter

Public Works and Infrastructure Minister Dean Macpherson concluded his visit to China this week by signing two declarations of intent with the China Communications Construction Company (CCCC), as... 


Sanral announces start of new R2.2bn phase of the N2 Wild Coast Road project
6th September 2024 By: Irma Venter

South African National Roads Agency Limited (Sanral) CEO Reginald Demana has announced the start of Package 4 of the N2 Wild Coast Road (N2WCR) project in the Eastern Cape. The R2.2-billion phase... 


UK govt financier pledges $35m towards construction of DRC deep-water container port
6th September 2024 By: Irma Venter

British International Investment (BII) says it has committed up to $35-million for the construction of the initial phase of the Democratic Republic of Congo’s (DRC’s) first deepwater container... 


Chinese President Xi Jinping
China offers Africa $51-billion in fresh funding, promises a million jobs
5th September 2024 By: Reuters

President Xi Jinping pledged on Thursday to step up China's support to the world's fastest-growing continent with funding of nearly $51-billion, backing for more infrastructure initiatives and a... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa will host a nulclear summit on September 12
DMRE moving with pace on nuclear determination amid mounting technoeconomic questions
4th September 2024 By: Terence Creamer

South Africa’s Department of Mineral Resources and Energy (DMRE) expects to finalise nuclear-procurement consultations in the coming two to three months before approaching the regulator for its... 


Transnet CEO Michelle Phillips delivering Transnet's 2024 results
Phillips confirms 193Mt ‘stretch target’ for rail amid criticism that recovery plan lacks ambition
2nd September 2024 By: Terence Creamer

Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set... 


NDB approves $1bn loan to SA; Godongwana urges speedy disbursement
NDB approves $1bn loan to SA; Godongwana urges speedy disbursement
2nd September 2024 By: Irma Venter

The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s... 


R50-billion in tenders out to market, another R1.8bn to follow – Sanral
R50-billion in tenders out to market, another R1.8bn to follow – Sanral
2nd September 2024 By: Irma Venter

The South African National Roads Agency Limited (Sanral) says it is currently evaluating 96 tenders worth R35-billion, while 86 contracts worth R15-billion have already been awarded since the start... 


South Africa is losing its trade competitiveness edge
2nd September 2024 By: Schalk Burger

Enormous investments are being made in ports, rail and transport logistics in Southern Africa, as well as more broadly in Africa, including by international companies and consortia. "Global... 


Transnet CEO Michelle Phillips (left) and NDB president Dilma Rousseff
NDB signs R5bn loan agreement with Transnet
30th August 2024 By: Irma Venter

The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly... 


Developed-country debt draining international market liquidity – NDB president
Developed-country debt draining international market liquidity – NDB president
30th August 2024 By: Irma Venter

Enacting the just transition in emerging markets and developing countries (EMDCs) requires “a huge amount of resources and long-term financing”, says New Development Bank (NDB) president Dilma... 


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