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DBSA awarded funding to create R2bn climate finance facility 

By: African News Agency      22nd October 2018 The Development Bank of Southern Africa (DBSA) announced on Monday that it has been awarded funding of R795-million to establish a R2-billion Climate Finance Facility (CFF) focusing on infrastructure projects and businesses that mitigate or adapt to climate change.  The DBSA received funding from... 

Stimulus package to rely on efficiencies not new budgetary resources – Nene

By: Terence Creamer     13th September 2018 Finance Minister Nhlanhla Nene announced on Thursday that government was “building a pipeline of investment opportunities and infrastructure projects” as part of redoubled efforts to address low levels of investment, which had been identified as the main inhibitor of growth in the... 

South Africa to set up a 'sovereign innovation fund'

By: Rebecca Campbell     11th September 2018 The Department of Science and Technology (DST), in its recently released draft White Paper on Science, Technology and Innovation (STI), stated that a “sovereign innovation fund” is to be created. “There is a need for increased commercialisation funding,” said section 6.2 of the draft White Paper.... 

Kathu concentrated solar power project, South Africa

By: Sheila Barradas     10th August 2018 The salt melting process at the Kathu Solar Park plant has started. 

Solid start for M&D Construction Group on ground-breaking housing development

By: Creamer Media Reporter      26th July 2018 M&D Construction Group, a leading South African building and civil-engineering construction contractor, has commenced work on a large development that will provide affordable housing to many low income earners and tenants in Vosloorus, Gauteng. Importantly, this project aims to deliver an... 

Brics bank approves $600m loans for South African, Chinese projects

By: Reuters     24th July 2018 The New Development Bank, set up by the Brics group of emerging economies, has approved loans of $300-million for energy projects in South Africa and $300-million for a transportation project in China. South Africa, which will host a Brics summit later this week in Johannesburg, is trying to... 

Economic strategies should shape municipal spatial and infrastructure goals

By: Schalk Burger     15th June 2018 The integrated urban development framework (IUDF) is helping intermediate cities to develop planning and implementation capacity through the use of long-term planning processes and integrated funding models, says Public Affairs Research Institute public policy and management expert and IUDF... 

Basil Read enters new avenue with Savanna City residential development

By: Simone Liedtke     7th June 2018 As part of its turnaround strategy, construction group Basil Read on Thursday launched Basil Read Homes with the first of its 44 residential units on a land parcel at Savanna City, south of Johannesburg, which will, upon completion, boast about 18 399 integrated housing units. “This launch is a... 

DWS, Sanbi launch R90m water project

By: Anine Kilian     31st May 2018 Water and Sanitation Minister Gugile Nkwinti and South African National Biodiversity Institute (Sanbi) chairperson Nana Magomola on Thursday launched the R90-million Ecological Infrastructure for Water Security project, in Johannesburg. The project is aimed at transforming the way people think... 

Gautrain additional rolling stock and depot enhancement procurement programme, South Africa

By: Sheila Barradas     11th May 2018 The announcement of the preferred bidder to provide 12 new four-car trains for the Gautrain system has been delayed by technical and legal complexities. 

Gautrain additional rolling stock and depot enhancement procurement programme, South Africa

By: Sheila Barradas     20th April 2018 The winning bidder for the procurement programme is expected to be announced towards the end of this year. 

‘Sunlight the best disinfectant’

By: Terence Creamer     13th April 2018 Asset manager Futuregrowth attracted praise and criticism, possibly in equal measure, when it announced in August 2016 that it was suspending lending to six large State-owned enterprises (SoEs), owing to concerns over the state of their governance. The list included the Development Bank of... 

At the core of new residential suburb in Polokwane

11th April 2018 Demand for middle-income housing in Polokwane still remains high long after the city was named the capital of Limpopo. This demand is mainly being driven by civil servants, who prefer their own homes to rental accommodation, while the conversion of existing residences into commercial buildings in... 

Renewable energy procurement programme notches up successes despite delays

By: Kim Cloete     7th March 2018 A recent report has shown that 112 projects have been procured through the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP), with 62 of those having started commercial operations by December 31, 2017. The total infrastructure investment from 64 signed projects totals... 

The DTI leads black industrialists on trade mission to Mozambique

By: African News Agency      5th March 2018 The Department of Trade and Industry (dti) is leading a black industrialists business delegation to Mozambique on a mission to identify and explore trade and investment opportunities from March 4 to 10. Also in the delegation are representatives of the Development Bank of Southern Africa, the... 

Jabu Moleketi succeeds Nelson as PPC chairperson

By: Nadine James     2nd March 2018 Peter Nelson has resigned as chairperson and nonexecutive director of cement manufacturer PPC, effective March 2. Former Deputy Finance Minister Jabu Moleketi has been appointed to succeed Nelson as chairperson. 

Jabu Moleketi nominated as PPC chairperson

By: Reuters     22nd February 2018 South African cement producer PPC said Jabu Moleketi has been nominated for the position of chairman of the board to succeed its current chairman Peter Nelson, as it aims to align the board with its strategic priorities. Moleketi is currently chairman of mobile phone network operator Vodacom... 

Eskom expects to sign emergency funding deals in ‘day or two’ 

By: Terence Creamer     1st February 2018 Cash-strapped State-owned power utility Eskom confirmed on Thursday that its negotiations with funders to meet immediate debt-repayment obligations were at an advanced stage and that it expected to sign-off on the deals “in a day or two”. Eskom acting CEO Phakamani Hadebe revealed this week that... 

Eskom looking beyond shareholder to tackle ‘unsustainable’ capital structure 

By: Terence Creamer     30th January 2018 Having secured “in principle” commitments from funders to enable Eskom to meet looming debt obligations of R20-billion by the end of February, the new leadership at the power utility has started weighing various options, including asset sales, for shoring up the group’s fragile balance sheet.... 

Altron appoints new human capital group executive

By: Creamer Media Reporter      30th January 2018 JSE-listed Allied Electronics (Altron) has appointed Dolores Mashishi human capital group executive. Mashishi will be part of the Altron group executive committee and report directly to Altron CEO Mteto Nyati. 

Resgen in talks with Noble for support extension

By: Natasha Odendaal     22nd November 2017 ASX- and JSE-listed Resource Generation (Resgen) is in discussions with Noble Resources International to extend its support to the coal company until April amid a prolonged funding gap. As Resgen has been working to secure an alternative funding source that is not linked to committed domestic... 

Resgen making progress at Boikarabelo mine, extends CEO’s contract

By: Anine Kilian     26th October 2017 Dual-listed Resource Generation (Resgen) has made demonstrable progress on material contracts and funding for the rail link at its Boikarabelo coal mine in South Africa’s Waterberg region in the three months to September 30. The first credit approval for full funding of the link has been obtained... 

Align education, skills development with needs of next industrial revolution, NBI urges

By: Dylan Slater     29th September 2017 Education and skills development need to adapt to meet the requirements of the next industrial revolution or a significant number of development opportunities will be missed, according to voluntary nonprofit business organisation National Business Initiative climate change, water and green... 

Artisan training to benefit welders

By: Nica Schreuder     15th September 2017 By developing local skills and paying attention to quality and on-time delivery, Secunda-based fabrication company Hydra-Arc says it is possible to be successful and competitive in this challenging industry. "The demand for skills development is massive in South Africa, therefore, fully fledged... 

Energy department moots loans to pay for electricity infrastructure maintenance

By: African News Agency      12th September 2017 The department of energy on Tuesday proposed a new model of finding additional funding for electricity infrastructure maintenance but it was met with little enthusiasm from Eskom and the National Energy Regulator of South Africa. As explained to the portfolio committee on energy by the... 

Chris Baloyi

11th August 2017 This week we feature Chris Baloyi, MD of Bosch Capital, an advisory services, capital raising and investment company   

Gautrain rolling stock procurement programme, South Africa

By: Sheila Barradas     4th August 2017 The bidding process on the 12 new train sets to be supplied to the Gautrain rail system has started. 

Localisation in infrastructure development in SADC critical for industrialisation

By: Anine Kilian     1st August 2017 Localisation in infrastructure development across the Southern African Development Community (SADC) region is critical for industrialisation, according to African Integration and Industry chief director Nigel Gwynne-Evans, who spoke at the SADC Industrialisation Week in Johannesburg on Tuesday.... 

New tax regime punted as way to spur development of disused or degraded land

By: Dylan Slater     14th July 2017 Using tax increment financing to spur business development on disused or degraded land could be a highly feasible method to repurpose otherwise unusable land, as well as create jobs and encourage entrepreneurs and business in general.  

Gautrain rolling stock procurement programme, South Africa

By: Sheila Barradas     14th July 2017 Bidding on the 12 new train sets to be supplied to the Gautrain rail system will begin in August. 

Futuregrowth to resume trading in Sanral debt instruments

By: Megan van Wyngaardt     5th July 2017 Asset management company Futuregrowth, which holds about R170-billion in assets, on Wednesday said it would resume trading in the South African National Roads Agency Limited’s (Sanral’s) debt instruments. The country’s biggest private fixed-income money manager in August last year said it would... 

Alphamin appoints Swanepoel, Baloyi to board; starts mine boxcut construction

By: Megan van Wyngaardt     20th April 2017 TSX-listed Alphamin Resources, which is developing the Bisie tin project, in the Democratic Republic of Congo, has appointed Bernard Swanepoel and Paul Baloyi to its board. Swanepoel currently also serves on the boards of miners Impala Platinum, Zimplats, eXtract Limited, African Rainbow Minerals... 

Biomass solution brings new energy to degraded land

By: Dylan Slater     31st March 2017 A case study into an opportunity for renewable energy development in conjunction with community upliftment, has led to a proposal for biomass production and a 2 MW bio-energy power plant to be built in the Merafong local municipality, west of Johannesburg.  

Gautrain rolling stock procurement programme, South Africa

By: Sheila Barradas     17th February 2017 The Gauteng government is expected to announce the preferred bidder on the supply of new, additional rolling stock for the Gautrain system by mid-year. 

Careful planning required for successful smart city development

By: Dylan Slater     3rd February 2017 The development of so-called smart cities requires careful planning – planning that requires a careful balance between conventional and modern technology, as well as computerised and human interactions.  

New financing models needed for infrastructure

By: African News Agency      18th January 2017 Global leaders and representatives of Canada, France, Switzerland, China, South Africa and the United States on Tuesday, questioned the ability of public sectors across the globe to develop proper infrastructure ecosystems. Financing of infrastructure projects seemed not to be the major obstacle... 

Kathu concentrated solar power project, South Africa

By: Sheila Barradas     13th January 2017 Sener is expected to continue providing the engineering, procurement and construction services for the project this year, in conjunction with its joint venture partner Acciona. 

DBSA, construction allies strengthen partnerships

3rd March 2015 The Development Bank of Southern Africa (DBSA), through its Infrastructure Delivery division, has signed memorandums of agreement with the South African Federation of Civil Engineering Contractors (Safcec) and the Black Business Council Built Environment (BBCBE) to create and legitimise the... 

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