South Africa and Lesotho have officially launched the second phase of a massive water transfer project, their biggest joint infrastructure investment to date. Work on the 14-billion-rand ($1.3-billion, 950-million-euro) second phase of the Lesotho...
Timeous management of operational risk and uncertainty is necessary from the very inception of a project. According to a new report by Deloitte, this approach to operational risk management is beneficial on a national level, in the context of South...
Government spending on infrastructure amounted to R1 trillion over the past five years and will be R847 billion over the next three years. In his 2014 budget speech Finance Minister Pravin Gordhan said the Presidential Infrastructure Coordination...
Water crises is the third highest global risk of concern in the World Economic Forum’s Global Risks 2014 report. According to the report, this illustrates a continued and growing awareness of the global water crisis as a result of mismanagement and...
Though it has lowered Mozambique’s rating from a B+ to a B for both long term debt in local and foreign currency, Standard’s & Poor (S&P) confirmed its outlook on the country as stable. The reasons for the decision are that “increases in...
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...
The Nigerian government needs help from the private sector to meet the nation’s infrastructure needs for energy. Nigeria needs $900 billion (R9.8 trillion) to fix its energy sector. In order to add 5 000 megawatts to the grid over the next few...
The Nigerian Society of Engineers’ (NSE) president, Ademola Olorunfemi, has raised concern over the indiscriminate drilling of bore-holes in Nigeria. According to Olorunfemi, residents are drilling their own boreholes because of the lack of...
President Jacob Zuma says well-functioning infrastructure is critical for Africa to achieve its full potential in terms of economic growth. The African Union (AU) has identified meeting the demand for infrastructure as a priority. African leaders...
