Ethekwini Municipality has put forward a motion to borrow R500 million in long-term finance for capital projects. The proposed 15-year fixed-interest rate loan will result in R485 million in interest being paid over the period. The executive...
Raubex has been working on a 4 km stretch of the N3 highway, between Dardanelles and Lynnfield Park since January 2021, which will expand the current two-lane road to four lanes in each direction. As part of extensive upgrades to one of South...
The South African National Roads Agency (Sanral) said that bids for the R17 billion worth of construction tenders cancelled by its board had to be re-advertised and adjudicated anew within the next four months. Confirmation of the decision to...
For years, South Africa’s public and private sectors have talked about transformation as the key to unlocking economic growth and job creation. Yet in Q4 of 2021, the national unemployment rose to 35.4%, with youth unemployment remaining at a...
