Johannesburg – Government will require the support of investors to realise the speedy implementation of South Africa’s proposed mega infrastructure…
GlobalBuzz-SA – Business News
Investors, govt meet to discuss infrastructure
Banks discuss unsecured lending
Pretoria – Discussions around the spike in unsecured lending, global challenges and infrastructure growth formed the crux of the meeting held on Monday between Finance Minister Pravin Gordhan and the banking industry. [Read more…]
Transnet forging ahead with infrastructure programme
Johannesburg – Despite a softening of cargo categories, Transnet is going ahead with its infrastructure build programme.
“In the earlier months of the current financial year, we have seen a softening particularly with the container volumes – imports and exports that we handle – for a variety of reasons,” Transnet Port Terminals (TPT) chief executive officer Karl Socikwa said at a breakfast briefing of the Africa Ports and Harbours Show. [Read more…]
Infrastructure development key to Africa success
Pretoria – Africa must address the challenges of inadequate infrastructure, small and fragmented markets, and inadequate diversification of…
GlobalBuzz-SA – Business News
Four key infrastructure projects launched
Cape Town – The government is on target with regards to turning South Africa into a “huge construction site” with the launch this week of the fourth Strategic Infrastructure Projects (Sips) since February this year, President Jacob Zuma said on Wednesday. “We are poised to meet our target of turning South Africa into a huge […]
Four key infrastructure projects launched is a post from: GlobalBuzz SA
SA invites India to invest in infrastructure plan
Pretoria – As part of efforts to deepen relations with India, South Africa has invited the Asian nation to invest in the country’s massive…
GlobalBuzz-SA – Business News
Transnet launches R300bn infrastructure
Pretoria – Transnet has launched a R300 billion infrastructure plan that is set to create 588 000 new jobs in the South African economy. Through its Market Demand Strategy (MDS) the company, which is the custodian of rail, ports and pipelines, will spend R300 billion on capital projects over a seven-year period. The strategy, said […]
Transnet launches R300bn infrastructure is a post from: GlobalBuzz SA
Massive infrastructure spend
Cape Town – South Africa will spend billions of rands over the coming years on new infrastructure, with the government to focus on building rail, road, and economic links in five regions in the country and building new universities and refurbishing hospitals, President Jacob Zuma said in his State of the Nation Address this evening. […]
Massive infrastructure spend is a post from: GlobalBuzz SA
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SA must be realistic about its resources
Durban – South Africa can contribute significantly to African infrastructure development, but there is a need to be realistic about the resources available in the country, cautioned Minister of Public Enterprises Malusi Gigaba.
Speaking at the 13th African Renaissance Conference, Gigaba said African countries can access the core logistics – telecommunications and energy infrastructure – from South Africa, however, there is still a significant infrastructure gap in the country. [Read more…]