Moody’s Investors Service cut South Africa’s government bond rating by one notch to Baa1 from A3 last Thursday, citing worries about the country’s institutions as well as future political stability and room for policy maneuvering....
An estimated R250 billion will be invested on upgrading the Port of Durban, as part of Transnet’s new Market Demand Strategy (MDS). The MDS will see the state-owned company pump R300 billion into infrastructure spend across South Africa in an...
SA National Road Agency Limited (Sanral) bond yields have plunged since the Constitutional Court ruled that tolls could be charged on Gauteng freeways, easing a drain on government finances. The yield on the agency’s eight-year debt has dropped 18...
Recently, the City of Cape Town partnered with University of Cape Town engineering students to find “creative ways to complete” the highways. “What we’re asking them to do is to assess whether [we should] complete them,...
