ARTICLES RELATING TO INFRASTRUCTURE

Report warns of dodgy energy deals

2013-05-10 09:04

SA will have to drastically increase oversight of projected infrastructure plans to avoid deals which exacerbate poverty and contaminate the environment.

DBSA to revive infrastructure

2013-04-15 22:11

The Development Bank of Southern Africa is set to breathe new life into the infrastructure sectors as part of its new growth strategy, CEO Patrick Dlamini says.

Parastatals underspend on infrastructure

2013-02-27 16:01

State-owned companies are still failing to spend enough of their budgets on key infrastructure projects.

SOEs will struggle to fund infrastructure

2012-10-28 15:49

State-owned enterprises will find it difficult to raise money to implement the government's proposed strategic infrastructure projects, says the DA.

Infrastructure plan 'to reverse poverty'

2012-10-25 11:43

The R4 trillion infrastructure development plan will address unemployment, poverty and the skills shortage, Public Enterprises Minister Malusi Gigaba says.

SA to get 18 infrastructure projects

2012-10-19 12:02

Government has earmarked 18 infrastructure projects to take place in the next 10 to 20 years, Economic Development Minister Ebrahim Patel says.

No quick money in infrastructure - Nene

2012-08-21 13:44

Private investment in infrastructure should not be viewed as a quick way to make money out of government, Deputy Finance Minister Nhlanhla Nene says.

Private sector infrastructure aid needed

2012-05-24 11:04

SA needs to find innovative ways to encourage private sector participation in infrastructure development, Public Enterprises Minister Malusi Gigaba says.

Gordhan: Not enough done to create jobs

2012-04-16 12:52

Finance Minister Pravin Gordhan says not enough joint effort is being made by business, the government and civil society to create employment in SA.

Amsa shares knocked by state snub, fine

2012-04-02 17:04

ArcelorMittal SA’s shares fell 5% on news that it would be excluded from the state's infrastructure programme and could face a R3bn price-fixing fine.

Joburg financially sound, boasts mayor

2012-03-22 16:27

The City of Johannesburg will need to spend R100bn on improvements over the next decade but is financially stable, says mayor Parks Tau.

Sarb changes tone on inflation

2012-03-16 08:21

Inflation pressures in SA are likely becoming more generalised, reflecting demand-side pressure rather than only external factors, the Reserve Bank warns.

SA seeks offshore funding for water build

2012-03-13 18:36

The government is looking to source international funding for the R60bn needed to build water infrastructure, says Deputy Water Affairs Minister Rejoice Mabudafhasi.

Transnet to borrow R100bn for new capex

2012-02-20 12:26

State logistics group Transnet will raise the funds required for its new capital expenditure programme on the markets, says CEO Brian Molefe.

Esorfranki pares back losses

2011-10-25 08:17

Engineering and construction group Esorfranki has posted a headline loss per share of 3.9c for the six months ended August 2011 from 4.1c a year ago.

Ndebele decries state of infrastructure

2011-10-07 06:45

A lack of investment in transport infrastructure in previous years is to blame for its poor state, Transport Minister Sibusiso Ndebele has said.

Accentuate reports earnings loss

2011-09-23 14:42

Construction supplies group Accentuate has posted a diluted headline loss per share of 3.72 cents in the year ended June, from headline earnings of 11.95 cents per share.

Zuma's infrastructure body yet to meet

2011-08-19 08:59

President Jacob Zuma's infrastructure commission, aimed at improving SA's R860bn public investment drive, has yet to have a meeting.

SA faces R1.5 trillion capex backlog

2011-06-01 10:53

The government will approach miners and other industries to fund investment in infrastructure, says Public Enterprises Minister Malusi Gigaba.

SA has R30bn infrastructure gap

2011-03-02 13:24

The country must urgently address its energy infrastructure maintenance and refurbishment backlog, says Deputy Minister of Energy Barbara Thompson.

Zuma's son slams rail deal reports

2011-02-22 08:09

President Jacob Zuma's son has criticised the "faceless cowards" who claim he will benefit from the state's R550bn rail project.

Roads upkeep backlog at R38bn

2009-10-19 22:22

South Africa faces a roads maintenance backlog of R38.3bn, says Transport Minister Sbu Ndebele.

 

Joburg gets R30bn for infrastructure

2013-05-09 19:09

The City of Johannesburg has budgeted R30bn for infrastructure development and forms part of an ambitious public transport programme, Mayor Parks Tau says.

Cape underspends on infrastructure

2013-03-08 09:10

The Western Cape public works department spent less than half of its infrastructure budget, mainly because of problems with contracts and a tender nullification.

Infrastructure projects hit roadblocks

2013-02-12 11:10

Ambitious plans to upgrade roads, ports and railways to the tune of $95bn by 2015 are getting bogged down by incompetence and corruption.

R250bn set aside for infrastructure

2012-10-25 15:00

Government will spend R250bn over the next three years on infrastructure projects that are "shovel ready", says Finance Minister Pravin Gordhan.

'Infrastructure roll out will be different'

2012-10-19 16:16

The government's new infrastructure rollout will be different, say government ministers.

DBSA nod for R24bn infrastructure boost

2012-10-08 18:33

South Africa is set to see new infrastructure projects funded with R23.7bn from the Development Bank of Southern Africa, says the bank.

Nedbank slams state on infrastructure

2012-08-02 08:54

A Nedbank economist has reportedly criticised government for its slow infrastructure plan "which does not help the economy one bit".

Gordhan: Worst over for SA economy

2012-04-24 18:17

Finance Minister Pravin Gordhan says despite eurozone uncertainty the economy is through the worst and structural reforms are needed to improve growth.

Motlanthe urges faster infrastructure build

2012-04-13 11:59

The pace of infrastructure development is not meeting the country's needs, says Deputy President Kgalema Motlanthe.

IFC to invest $3.5bn in Africa this year

2012-03-30 13:38

The International Finance Corporation says sub-Saharan investment will focus on infrastructure and for the first time financing of the sector will exceed $1bn.

Zuma, business to meet on infrastructure

2012-03-22 11:52

President Jacob Zuma will soon meet business leaders to discuss the roll-out of the state's infrastructure plan, which is expected to aid in job creation.

Aveng suffers first-half profit slide

2012-03-14 10:26

Aveng has reported a 31% slump in first-half profit on the back of problems in Australia and a general slowdown in SA construction.

R845bn to be spent on infrastructure

2012-02-22 14:04

The state's massive infrastructure drive will see R845bn go towards the medium-term expenditure framework.

Economist: Focus on infrastructure will pay off

2012-02-10 16:53

President Jacob Zuma's strong focus on infrastructure in his state of the nation speech will pay off for South Africa, says an economist.

Gordhan: Human needs as important as GDP

2011-10-17 18:54

Investment in infrastructure, education, water and sanitation as well as human development was "as important as the GDP numbers," says Finance Minister Pravin Gordhan.

SA to curb spending when debt at 40%/GDP

2011-10-05 10:37

The government would let debt rise to 40% of gross domestic product before it tightens the purse strings, says Deputy Finance Minister Nhlanhla Nene.

Hart: State infrastructure unaffordable

2011-09-22 10:47

Economist Chris Hart says the government's enormous spending on infrastructure is leading SA towards an "infrastructure recession".

New teams to tackle jobs, infrastructure

2011-07-29 15:00

Commissions on infrastructure and employment are to be chaired by President Jacob Zuma and his deputy Kgalema Motlanthe, the cabinet has decided.

'Shoddy roads, ports Africa's top threat'

2011-03-09 06:33

Lack of adequate infrastructure, not volatile politics, may be the biggest challenge facing Africa, says a leading South African fund manager.

SA infrastructure gets R800bn boost

2011-02-23 14:12

Power stations, roads, dams, water supply and ports are just some of the infrastructure services that will receive R800bn over the next three years.

Africa must rethink economics: Zuma

2010-12-17 12:11

President Jacob Zuma says African countries need a paradigm shift in economics and must build institutions if they are to improve people's lives.

Poor infrastructure impedes trade in Africa

2010-10-15 16:44

Intra-regional trade in Africa is still being hampered by poor road infrastructure, lack of regulatory harmonisation and delays at border posts, industry players say.

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