Infrastructure spending in sub-Saharan Africa is projected to grow by 10% a year over the next decade, exceeding $180 billion by 2025 while maintaining its 2% share of the global infrastructure market. Nigeria and South Africa currently dominate...
Africa will see an investment of $2 billion in facility development, skills training, and sustainability initiatives by 2018. General Electric (GE) made the announcement of its investment in advance of the U.S.-Africa Leaders Summit, where GE is...
The New Development Bank, which was recently formed by the BRICS countries, is set to mobilise infrastructure resources for developmental projects for the African continent. Speaking about South Africa’s tenure as BRICS Chair at UNISA on Friday,...
KwaZulu-Natal Premier Senzo Mchunu has called on architects and stakeholders in the architectural fraternity to work with the provincial government to realise the objectives of the KZN Growth and Development Plan which is aligned to the National...
Businesses drive economic growth through investment, innovation, and knowledge transfer. In South Africa’s case, the private sector employs approximately three-quarters of workers and accounts for more than two thirds of investment and research and...
All Water Service Authorities are being instructed to set aside at least 7% of their total budgets towards the maintenance and management of infrastructure. Minister of Water and Sanitation Nomvula Mokonyane made this announcement at the recent...
Capital expenditure by public sector institutions increased by 4.8% from R202.8 billion in 2012 to R212.5 billion in 2013, StatsSA reported. However, capital expenditure on new construction works is down. There has been an increased spend on plant,...
The Gauteng Department of Infrastructure Development (DID) will oversee a budget of close to R4.9 billion in this financial year. The department has been allocated an amount of R 1.976 billion for the 2014/15 financial year to implement programmes...
An Investment and Trade Initiative is taking place to Zimbabwe between 27 and 31 October. The Department of Trade and Industry is inviting companies involved in the following sectors to participate in this event: (i) Agro-processing; (ii)...
