A letter from SAICE on the Auditor-General’s results: The South African Institution of Civil Engineering (SAICE) has appreciation for the mammoth task of the Auditor General to establish the financial status of the almost 300 municipalities in...
Fitch Ratings has reaffirmed South Africa’s outlook as stable with a BBB- rating. This comes after Standard & Poor (S&P) decided not to downgrade South Africa to junk status. According to Fitch, the ‘BBB-’ rating reflects low trend GDP...
As South Africa has braced itself for a possible sovereign credit downgrade, more and more South African companies are taking less risk and credit. Corporate bond sales in Q2 fell 15% year on year compared with a 10% decline across emerging...
South Africa’s energy sector was a motivating factor behind S&P Global’s decision not to downgrade the country to junk status. According to S&P, improvements in the energy sector will likely reduce some of the economic bottlenecks and...
While the number of clean audits has increased slightly, this only brings the figure up to 28%. Moreover, irregular expenditure totalled R25.7 billion. Were it not for the slow response in addressing audit recommendations aimed at improving...
The R573 Moloto “road of death” will undergo a major upgrade from August 2016. The major upgrade programme which will cover the entire stretch of the R573 over the next five to ten-year period. This work will be completed in stages with the most...
The City of Cape Town has called for the results of the Household Survey 2015 to be interrogated and verified against other data before it can be used to manage future implementation. According to the City’s Executive Deputy Mayor Alderman Ian...
A major soil erosion problem has been tackled at a water treatment works in Inanda Valley on the outskirts of Durban, KwaZulu-Natal. The platform that the treatment works is built on was situated above a steep, unstabilised fill embankment....
Two engineers from South Africa were designing a wheel barrel when they realised they could put water in the wheel. From that idea the Hippo Roller was born and is now changing people’s lives all over the world. Produced by Grace Raver....
