In an effort to support economic growth the government has decided to prioritise infrastructure through a newly established infrastructure fund. Speaking at the Union Buildings on Friday President Cyril Ramaphosa said the aim of the South African...
Consulting Engineers South Africa (CESA) has welcomed the recently announced changes to the National Executive. In a statement released after the cabinet reshuffle, the industry body said it particularly happy with the reappointment of highly...
At least R200 million has been set aside for the preparatory work of including nuclear energy in the country’s energy mix, Finance Minister Nhlanhla Nene said. Speaking to reporters ahead of his tabling of the 2015 Medium Term Policy Budget Policy...
South Africa’s economy is expected to grow by three percent by 2017 as the country has taken several steps to address the challenge of energy, says Finance Minister Nhlanhla Nene. Speaking on Monday at the Third Common Wealth Stakeholders...
KwaZulu-Natal MEC for Cooperative Governance and Traditional Affairs (Cogta), Nomusa Dube-Ncube, has welcomed the increased infrastructure budget allocations for municipalities and the fact that a significant share will go to KZN. “As KZN Cogta, we...
Finance Minister Nhlanhla Nene today announced an increase of 50 cents per litre in the Road Accident Fund (RAF) levy, setting the price at 154 cents in the 2015/16 tax year. Nene said the increase is required to “finance the progress made by the...
Eskom on Tuesday reported a profit of R9.3 billion for the six months ending on 30 September 2014. This is down 24% from R12.2 billion for the same period the previous year. “While Eskom reported a profit of R9.3 billion in the first half of its...
Finance Minister Nhlanhla Nene says he is happy with the attention the infrastructure drive received at the recent G20 summit in Australia. South Africa is confident that it can contribute to efforts to boost global growth by 2 percent in the next...
London – South Africa would consider selling stakes in publicly traded companies, including those held indirectly through Industrial Development Corporation, to bolster the finances of power utility Eskom. The government said last week in its...
