News in South Africa 6th December: 1. Politics draining rand: The South African rand clawed back some of its losses since the release of the explosive section 89 report on president Cyril Ramaphosa’s Phala Phala farm last week, but it remains in shaky space as political uncertainty persists. The rand recovered to around R17.19 a […]
News in South Africa 29th November: 1. Infrastructure growth not a reality: The South African government has put a spin on infrastructure projects worth billions of rands as a way to drag the economy out of stagnation – but the PR belies the reality that not much has been done over the last few years […]
News in South Africa 21st November: 1. R200bn in infrastructure projects underway: SA’s infrastructure backlog appears to be getting some of the attention it needs. Some 48 strategic infrastructure projects worth R193.4 billion are currently under construction, and projects worth R87.4 billion in the procurement phase, according to Infrastructure SA (ISA), which was established by […]
News in South Africa 9th November: 1. COP27 pledges $10bil to go green: South Africa is one of the winners at COP27 — the International Partner Group (IPG) of five nations pledged an extra $10-billion to support the country’s transition investment plan from fossil fuels — but it will be costly. This was announced by […]
News in South Africa 8th November: 1. Joburg R2.2bn in debt: Gauteng told a SA Local Government Association (Salga) that the Johannesburg metro alone had eroded an opening balance of R409.4 million at the beginning of September to a negative balance of R835.5 million. The Ekurhuleni metro, which opened with R1.8 billion in its coffers, […]
News in South Africa 14th October: 1. R17.4bn Sanral tender deadline moved: The end-of-September target for awarding five tenders worth R17.4 billion cancelled by the South African National Roads Agency (Sanral) in May has been shifted to this month. Sanral GM for marketing and communications Vusi Mona confirmed to reporters on Thursday that the tenders are currently […]
News in South Africa 18th May: 1. Sanral cancels R17.47bil in tenders: The South African National Roads Agency (Sanral) has cancelled adjudicated tenders to the value of R17.47 billion in the past week, throwing the sustainability and viability of South Africa’s civil engineering industry into doubt. The tender for the Eastern Cape’s new Mtentu River […]
News in South Africa 20th April: 1. National state disaster extended: Cooperative Governance and Traditional Affairs (Cogta) minister Nkosazana Dlamini-Zuma says the government plans to keep its latest national state of disaster in place for a period of at least three months to assist those impacted by the heavy flooding in KwaZulu-Natal and parts of […]
News in South Africa 26th October: 1. Electricity prices to soar: Eskom has warned that household electricity bills will increase significantly if energy regulator Nersa’s proposals for drastic changes in the way Eskom’s tariffs are determined are accepted. Other stakeholders are equally critical of Nersa’s proposals. Nersa published a discussion paper about its proposals on […]
News in South Africa 12th October: 1. Country in the clear as infections drop: For the first time since the onset of the Covid-19 pandemic, all nine provinces are through the latest wave of infections and SA is in “a good place”. This is the view of Dr Ridhwaan Suliman, a senior researcher at the […]
