Capital expenditure by Metro’s increased by 20 percent y-y in the first two quarters of the 2023/24 financial year (last six months of the 2023 calendar year), excluding Nelson Mandela Bay, that again included significant adjustments. City of...
Water shortages persist in various areas of Johannesburg, prompting scrutiny over the city’s infrastructure and management practices. Experts attribute the ongoing crisis to the aging infrastructure and financial mismanagement within...
The South African Institution of Civil Engineering (SAICE) welcomes the recent announcements made by the Minister of Finance Enoch Godongwana to streamline procedures, enhance accountability, and introduce new financing instruments to bolster...
Global credit rating agency, Fitch Ratings has given Rand Water an AA+(zaf). This denotes expectations of a very low default risk, with a very strong capacity for payment of financial commitments that is not significantly vulnerable to foreseeable...
