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Infrastructure

M&R to report narrowed losses, improved capital structure
29th February 2024 By: Schalk Burger

JSE-listed engineering and contracting services company Murray & Roberts (M&R) on February 29 said it has made meaningful progress towards implementing a sustainable capital structure. In a trading... 


TFR train
Business sees appointment of Phillips as key step in accelerating Transnet Recovery Plan
29th February 2024 By: Terence Creamer

Organised business says the appointment of a permanent executive team at Transnet – led by CEO Michelle Phillips, who has been acting in the role since September and who has been with the utility... 


Collaboration, strategic partnerships needed to tackle infrastructure challenges
28th February 2024 By: Schalk Burger

Collaborative efforts and strategic partnerships are needed to address the pressing challenges facing the infrastructure sector, says industry association South African Institution of Civil... 


Lineworkers work on a high-voltage powerline
Settling on funding solutions for expedited grid infrastructure set as a Just Energy Transition Investment Plan priority
27th February 2024 By: Terence Creamer

Finalising funding solutions for the expedited expansion of South Africa’s electricity transmission grid has been identified as a key priority for the Just Energy Transition (JET) project... 


Sasol CEO Fleetwood Grobler
Sasol prioritising coal de-stoning investment as it seeks to allay fears over big Secunda output dip
26th February 2024 By: Terence Creamer

Energy and chemicals group Sasol has moved to address investor concerns that its yearly production at Secunda will need to fall to only 6.7-million tons for it to meet its goal of reducing the... 


Grid infrastrucuture
Ramokgopa says govt close to finalising structure for private grid financing
26th February 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa says all the work being done by government on the financial structure to facilitate private investment into the country’s transmission infrastructure is... 


Econometrix director and chief economist Dr Azar Jammine
Budget shows an economy treading water, not collapsing – Jammine
23rd February 2024 By: Darren Parker

Although Finance Minister Enoch Godongwana’s Budget, delivered on February 21, seemed somewhat prudent, Econometrix director and chief economist Dr Azar Jammine said there was not much in it to... 


Construction worker
Proposed reforms to PPP framework to accelerate infrastructure delivery welcomed
22nd February 2024 By: Terence Creamer

There has been positive, albeit cautious, reaction to the reforms announced by Finance Minister Enoch Godongwana to improve infrastructure financing and delivery and attract private sector... 


New infrastructure finance, implementation support agency to be established to support PPPs
21st February 2024 By: Darren Parker

National Treasury has revealed the planned establishment of an infrastructure finance and implementation support agency during the 2024/25 fiscal year to coordinate the planning and preparation of... 


Power lines
RFP for private transmission investment to be launched in July
21st February 2024 By: Terence Creamer

The South African government will release a request for proposals (RFP) in the coming months seeking private sector investment into a pilot electricity grid infrastructure project. The National... 


Incoming Aveng CEO Scott Cummins
No immediate plan to list Aveng in Australia, but future listing likely amid change in reporting currency to Aussie dollar
20th February 2024 By: Terence Creamer

JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of... 


Roads
Dispute over 5km road could highlight far bigger roadbuilding problem for Gauteng
20th February 2024 By: Terence Creamer

A legal dispute over the granting of an environmental authorisation for a 5-km new road, the K148, in southern Gauteng has the potential to highlight serious legal impediments to the development of... 


President Cyril Ramaphosa
New fund to mobilise public and private funding to climate-proof existing essential infrastructure
19th February 2024 By: Terence Creamer

President Cyril Ramaphosa has provided some additional background to the Climate Change Response Fund, the formation of which he announced in his recent State of the Nation Address. Writing in his... 


Forestry, Fisheries and the Environment Minister Barbara Creecy
Climate Change Response Fund to channel resources to adaptation, early-warning systems – Creecy
16th February 2024 By: Terence Creamer

Forestry, Fisheries and the Environment Minister Barbara Creecy reports that the Climate Change Response Fund announced by President Cyril Ramaphosa in his State of the Nation Address (SoNA) has... 


Australian dollars
Aveng switches reporting currency to Australian dollar, expects increase in interim earnings
16th February 2024 By: Marleny Arnoldi

JSE-listed construction group Aveng has elected to change its reporting currency from the rand to the Australian dollar, effective from the six months ended December 31, 2023. With Aveng having... 


Landsdowne reports progress on Orlando Towers, Steyn City developments
Landsdowne reports progress on Orlando Towers, Steyn City developments
16th February 2024

As managers of the Orlando Towers Estate, a sectional title and lifestyle development in Soweto, Gauteng, residential real estate manager Landsdowne Property Group notes that there is growth... 


An image of water flowing in a dam
Good governance key to addressing water infrastructure challenges
16th February 2024 By: Lumkile Nkomfe

Transparency, accountability and good governance practices are critical to address the current water infrastructure crisis in South Africa, emphasises Talbot, a sustainable water solutions company.... 


An image of Dr Bridget Ssamula
S Africa’s infrastructure at a crossroads – council
16th February 2024 By: Lumkile Nkomfe

Industry body Engineering Council of South Africa (ECSA) has emphasised the significance of maintenance as a proactive measure against further decay of South Africa’s infrastructure. The council... 


Critical infrastructure blackouts top business risk in SA – Allianz
16th February 2024

For the second consecutive year, international financial services provider Allianz’s Risk Barometer indicates that critical infrastructure blackouts, attributed to power outages and the failure of... 


President Cyril Ramaphosa
Ramaphosa does not want unspent infrastructure funds returning to fiscus
15th February 2024 By: Thabi Shomolekae

President Cyril Ramaphosa noted on Thursday that though capacity support to provinces and municipalities, government is improving its ability to spend the grants allocated to infrastructure... 


Reside Summit chairperson Debbie Tagg
Residential development summit to foster govt, private sector collaboration
15th February 2024 By: Schalk Burger

The Residential Investment and Development (Reside) Summit, which will be held in Johannesburg from July 16 to 19, has a key objective to foster collaboration between governmental stakeholders and... 


Powerlines
Former IPP Office head now sees definite role for private sector in grid development
15th February 2024 By: Terence Creamer

The former head of South Africa’s Independent Power Producer (IPP) Office, Karen Breytenbach, believes there is a compelling case for the injection of private sector investment to accelerate the... 


AFC chairperson Emeka Emuwa
AFC appoints Emeka Emuwa as chairperson
15th February 2024 By: Schalk Burger

Multilateral infrastructure finance institution Africa Finance Corporation (AFC) has appointed Emeka Emuwa as its chairperson to oversee and guide the AFC on its future strategy and growth... 


Image of Cape Town Mayor Geordin Hill-Lewis and city manager Lungelo Mbandazayo 
Cape Town to invest R43bn in infrastructure in the next three years – mayor
14th February 2024 By: Irma Venter

Cape Town Mayor Geordin Hill-Lewis says the city will invest R43-billion in infrastructure over the next three years. The ten-year project pipeline is valued at R120-billion. 


Wind, solar, batteries
Innovative 128 MW solar-wind-battery project achieves financial close
14th February 2024 By: Terence Creamer

The 128 MW Oya Energy hybrid project, which will combine variable renewables and batteries to produce dispatchable electricity daily between 5:00 and 21:30 for injection into South Africa’s... 


AfDB commits $10m to green infrastructure development fund
14th February 2024 By: Schalk Burger

Development finance institution the African Development Bank (AfDB) Group has approved $10-million in funding for the Alliance for Green Infrastructure in Africa – Project Development (AGIA-PD)... 


An image depicting Ivanhoe Mines co-chairperson Robert Friedland
HPX, Liberian govt, Guma sign letter of intent to develop Liberty Corridor
12th February 2024 By: Sabrina Jardim

US-based mineral exploration and development company High Power Exploration (HPX), which is backed by Ivanhoe Mines co-chairperson Robert Friedland, has signed a letter of intent (LoI) with the... 


DFC announces new financing for Lobito Corridor
9th February 2024 By: Sabrina Jardim

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic... 


Opec Fund extends $30m loan to Uganda to upgrade rural road
9th February 2024 By: Schalk Burger

The Organisation of the Petroleum Exporting Countries (Opec) Fund for International Development is extending a $30-million loan to support the development of a key transportation link in Uganda.... 


Most of construction industry expects busy, profitable 2024, survey shows
9th February 2024 By: Schalk Burger

A survey of the construction industry by construction software company RIB Software indicated that the industry in the sub-Saharan Africa, Middle East and North Africa (Mena) region is looking... 


President Cyril Ramaphosa
Ramaphosa moots ‘innovative investment models’ for grid as he reiterates support for power and logistics reform
8th February 2024 By: Terence Creamer

President Cyril Ramaphosa used his final State of the Nation Address ahead of upcoming elections to reiterate government’s commitment to reforms in the country’s failing power and logistics... 


Long product being produced
AMSA announces six-month deferral to longs closure after agreements on short-term measures
8th February 2024 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 


Standard Bank chief economist Goolam Ballim
Standard Bank not expecting major fiscal slippage despite election pressures
7th February 2024 By: Terence Creamer

Standard Bank chief economist Goolam Ballim does not anticipate “material fiscal slippage” in the 2024 Budget, despite expenditure pressures associated with the upcoming elections, as well as calls... 


An image depicting an aerial view of the Naledi Clinic
New Naledi Clinic to accommodate more patients
6th February 2024 By: Sabrina Jardim

The Johannesburg Development Agency (JDA), on behalf of the City of Johannesburg, has been building the new state-of-the-art Naledi Clinic in Soweto, Gauteng, that will serve as a primary... 


Bunker fuels terminal to be developed on a brownfield site at the Port of Richards Bay
Preferred bidder selected for bunker fuels terminal on brownfield Port of Richards Bay site
5th February 2024 By: Terence Creamer

Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminal as the preferred bidder to develop and operate a liquid bulk terminal specialising in bunker fuels on a brownfield site at... 


Seifsa calls for alternatives to scrap metal export ban
5th February 2024 By: Sabrina Jardim

In anticipation of Trade, Industry and Competition Minister Ebrahim Patel’s decision on the way forward regarding scrap metal regulations, and following the extended public comment period which... 


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