The Transport Department has transferred R5.7 billion in its medium-term budget appropriation to the toll road network of the South African National Roads Agency (SANRAL).
The specifics of the infrastructure fund, announced as part of South Africa’s stimulus package, will be announced in the February 2019 Budget.
SA Corporate and Calgro M3 are pleased to announce that the Parties have agreed to enter into a joint initiative through Afhco Holdings (Pty) Ltd (“Afhco”), a wholly owned subsidiary of SA Corporate, and Hizoscape (Pty) Ltd, respectively (to be renamed Calgro M3 Real Estate (Pty) Ltd) (“Calgro Real Estate”), a wholly owned subsidiary of Calgro M3.
Construction group Aveng cuts its reliance on SA for future work drastically, a move that could have negative consequences for employment already at record lows.
Construction of PPC's cement plant in Zimbabwe remains on track for completion in 2016, the company's CEO says.
Nearing the close of the year, the Coega Development Corporation is a hive of activity, with two construction projects providing employment for more than 750 people.
Should the latest annual price increase application of 25.3% be granted, electricity prices are likely to be a whopping 250% higher – on average – compared to 2008. This is illustrated below.