International ratings agency Standard & Poor’s (S&P) has affirmed its rating for Transnet’s long-term foreign currency at 'BBB-' and 'BBB+' for local currency, confirming the company’s resilience and attractiveness as an investment of choice.
Government and state-owned companies (SOCs) is set to spend R865.4 billion on public sector infrastructure, over the course of the next three years.
Speaking at the recent inaugural 2015 Infrastructure Indaba hosted by the Consulting Engineers South Africa (CESA), the Ekurhuleni Executive Mayor Councilor Mondli Gungubele said that Consulting Engineers are a critical partner in the developmental agenda of municipalities and that the mandate of local government can only be achieved sustainably if the technical fundamentals of the infrastructure provided are not flawed.
Construction and engineering companies detail their strategies to cope with difficult infrastructure markets.
The third annual South African Council for the Project and Construction Management Professionals (SACPCMP) will take off on the 13-15th of October 2015 at Emperor’s Palace, Johannesburg.
Sustainable buildings deliver healthier living environments with increased quality of life and the co-benefits of social integration.
Globeleq, a company owned by Actis, the pan-emerging market investor, has completed the sale and transfer of Globeleq Africa, the leading power generation platform in Africa, to a company owned by Norfund, the Norwegian investment fund for developing countries and CDC Group (“CDC”), the UK government’s development finance institution.
Department of Human Settlement says the declining number of free RDP houses built in the past five years is as a result of a change in policy.
Shares of Group Five plunge more than 14% on the JSE, as the construction company says annual profits will be sharply lower.