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South Africa: Musina Ring Project Will Benefit Zimbabwe, SA

Road Works

The socio-economic success of Africa depends on the commitment of African countries to invest significantly in the development of their infrastructure. South Africa is one of the like-minded countries on the continent that has embarked on infrastructure projects as a catalyst for economic growth. Numerous studies have shown that investing in building or upgrading roads, […]

Emerging contractors key to construction sector recovery

construction workers 2

The construction sector can lead South Africa’s recovery as the country emerges into a post-Covid 19 economy, but only if emerging contractors are empowered. This was the consensus among participants at a recent seminar on the state of the industry hosted by the Construction Industry Development Board – cibd. The seminar, attended by more than 700 participants, […]

Private sector invited to participate in 55 more infrastructure projects recently announced by government

road construction

PRIVATE sector partnerships are required to fill a R441 billion gap in infrastructure financing for 55 projects recently announced by the government, Finance Minister Enoch Godongwana said. The national lockdowns have adversely affected capital investment, contributing to years of sliding infrastructure investment in the country. The government’s Economic Reconstruction and Recovery Plan identifies infrastructure development […]

Cyril Ramaphosa: Sa Building Firm Foundation For Sustained Economic Recovery

President Cyril Ramaphosa signing document

Dear Fellow South African, Normally, this is the time of year when we bring together investors from across the country and around the world for the annual South Africa Investment Conference. We held the first Investment Conference in 2018 as part of our ambitious drive to raise R1.2 trillion in new investment over five years. […]

Godongwana must inspire confidence come Thursday

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A clear plan and tangible action on some of SA’s most pressing problems must be priorities in finance minister’s delayed maiden Medium Term Budget Policy Statement Finance minister Enoch Godongwana will deliver his delayed maiden Medium Term Budget Policy Statement (MTBPS) on Thursday at a time when the country’s cities and towns are installing political […]

Bruce Cameron | A huge sigh of relief for retirement funds

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There will be no “prescribed” or mandatory investments by retirement funds in infrastructure projects, and it is being left to retirement funds to decide for themselves when and how they should invest in infrastructure, says Bruce Cameron. The retirement fund industry can breathe a huge sigh of relief as National Treasury significantly relaxed its approach […]

Sustainable Infrastructure Development Symposium South Africa

construction of bridge

The Sustainable Infrastructure Development Symposium – South Africa (SIDS-SA) is the annual flagship event organised by the Investment and Infrastructure Office (IIO) within The Presidency. The hybrid event was held on 7 October 2021. The President of South Africa, Mr Cyril Ramaphosa was the convener of the event, and includes Government Ministers, large asset owners, […]

Lack of capacity hobbling state infrastructure plans

image of man smiling

The government has urged the private sector to invest more in state infrastructure projects, but Kgosientso Ramokgopa, whose job as head of Infrastructure SA is to bring these projects to market, says the problem is not a lack of investment — it’s a lack of state capacity. “We don’t have a money problem, we have […]

Sustainable infrastructure development to the fore in South Africa

The South African government is making headway on some of its aims to promote sustainable infrastructure development (SID), with a number of key developments recently announced to further the country’s infrastructure and economic recovery goals.The government set up a new body, Infrastructure South Africa (ISA), last year to lead revised institutional arrangements for infrastructure development. […]