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...
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...
