Speaking at the Water Infrastructure Investment Summit in Sandton yesterday, Minister of Water and Sanitation Nomvula Mokonyane announced that 16 of the 30 defaulting municipalities have approached her department in an attempt to reach a payment...
Vehicle sales are expected to grow by 1.74% in 2017 with government purchases significantly expected to drive sales. This was according to vehicle and asset finance provider WesBank. CEO Chris de Kock said there are a number of large government...
Mar 6, 2017
Want to know more about what the African Utility Week conference is all about? Well, this year the event has brought together Metering, Generation, Transmission & Distribution, Energy Revolution Africa, Finance and Water.
Africa50, a continental initiative to accelerate infrastructure projects in Africa, is targeted to reach $1 billion in funding within the next six to nine months. Africa50 is an investment bank for infrastructure in Africa that focuses on...
Investec Asset Management has been appointed to manage the Emerging Africa Infrastructure Fund (EAIF). The asset management company this week announced it appointment to oversee the US$670 million fund following a competitive tender process that...
Finance Minister Pravin Gordhan has congratulated the City of Johannesburg after the Fitch Ratings agency upgraded its national long-term rating. Fitch also upgraded the national senior unsecured ratings on outstanding bonds and affirmed the city’s...
South Africa’s rand strengthened more than 4 percent in early trade on Monday, extending overnight gains after President Jacob Zuma named Pravin Gordhan as the new finance minister. Zuma late on Sunday restored a widely respected Gordhan to...
David van Rooyen has been sworn in as Minister of Finance for South Africa at the Union Buildings in Pretoria. Van Rooyen, was appointed after Nhlanhla Nene was removed from his position as Minister of Finance on Wednesday. As he was sworn in Van...
The Nigerian Ministry of Communications Technology recently met with IBM to identify and promote the exchange of ideas between government officials and IBM’s senior leadership team as well as identify opportunities for technology adoption. The...
