The Master Builders Association (MBA) North has broadly welcomed President Ramaphosa’s vision of massive infrastructure spending as the “flywheel” of South Africa’s recovery from the COVID-19 crisis.
Murray and Roberts will focus on three core sectors in future — underground mining, oil and gas, and power and water, says group.
While keeping the lights on, power utility Eskom has increased its full year profit to R4.6 billion.
Consulting Engineers South Africa (CESA) supports the clarion call to address institutional and regulatory barriers to business investment and growth, announced Finance Minister Pravin Gordhan during the Budget Speech.
President Jacob Zuma says infrastructure development is crucial to industrialising the economy and creating employment during turbulent times.
Speaking to reporters ahead of his tabling of the 2015 Medium Term Policy Budget Policy Statement (MTBPS) on Wednesday, the Finance Minister Nhlanhla Nene, said South Africa has made good progress in resolving its energy challenge.
The coming into full commercial operation of Unit 6 of the Medupi Power Station at Lephalale in Limpopo has been welcomed by Cabinet.