Port Elizabeth’s National Sea Rescue Institute (NSRI) rescued 76 people and a dog early on Sunday. The alert that the people, who were attending a religious meeting, were stranded upstream of the Swartkops River, cut off from the mainland by...
Consulting Engineers South Africa (CESA) has noted Standard and Poor’s (S&P) decision to downgrade South Africa’s long term foreign currency credit rating to BBB from BBB+ and the long term local currency credit rating to A- from A. S&P...
The announcement on Tuesday by Premier Thandi Modise about emergency road repairs to improve the road infrastructure across the province over the next six months has received the thumbs-up from residents. Modise said R280m was to be spent on road...
THE government’s massive infrastructure drive has gone from simple planning to the first stages of implementation, but help is needed in getting some of the projects going, delegates to the Presidential Infrastructure Investment Conference heard on...
POWER utility Eskom has asked the National Energy Regulator of South Africa (Nersa) to increase electricity tariffs for the next five years by an average 16% a year. Over the next five years, electricity prices will, therefore, more than double...
The Democratic Republic of Congo (DRC) might provide 2 500 megawatts of power to South Africa, Botswana and Namibia under a revised plan to build the Inga III hydropower plant, an official said. The government would host a meeting next month to...
According to BDlive, Public Works Minister Thulas Nxesi said that the government’s massive infrastructure development plan will change the fortunes of South Africa’s ailing construction sector. Profits in the building and construction...
Government has identified 18 infrastructure projects to take place in South Africa in the next 10 to 20 years, Economic Development Minister Ebrahim Patel said on Friday. He said 645 projects were identified by the Presidential Infrastructure...
EXPECT more ratings downgrades and a rapid outflow of foreign investment if the government does not quickly spell out its plans to fix the economy. Ratings agencies Moody’s and Standard & Poor’s (S&P) downgraded South Africa’s sovereign...
A call for national unity accompanied the presentation of the massive infrastructural spending the presidency will coordinate over the next few years. In his address to the presidential infrastructure investment conference in Sandton on Friday,...
