Building & Construction News

Mboweni: Private sector cannot be forced to invest in SA

  • 26-02-2021
  • Moneyweb

Finance Minister Tito Mboweni says the country will likely see an increase in investments from the private sector once macroeconomic conditions improve. The outbreak of the coronavirus has exacerbated the financial pressures of the government and...

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R37m Beitbridge fence will not be fixed - those who built it still contracted

  • 26-02-2021
  • Times Live

The R37m 40km fence built along the border of SA and Zimbabwe will not be repaired despite the recommendations of the standing committee on public accounts (Scopa) - because it's just not worth it. This was according to a response on Friday by mi...

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Pressure on golf courses to become affordable housing zones

  • 25-02-2021
  • Daily Dispatch

Lockdown evictions stir debate about nation's golf courses with activists saying land should be used for affordable housing and golfers, government saying not all courses are right for homebuilding It sounds like a developer’s dream: A greenfiel...

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Budget 2021: R791.2bn for investment in infrastructure

  • 25-02-2021
  • IOL

CAPE TOWN - THE GOVERNMENT has committed R791.2 billion over the medium term towards infrastructure investment, as the country’s dams, bridges and railway lines that have supported the economy for decades, were either in need of repair or replacement...

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Former Eskom bosses want State to reveal evidence against them

  • 24-02-2021
  • IOL

Johannesburg - The State has given former Eskom executive officer Abram Masango and his co-accused an additional three months to declare whether they are ready to stand trial for allegedly defrauding the power utility of almost R800 million. Masan...

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Eastern Cape govt seek to reverse apartheid spatial planning

  • 24-02-2021
  • The Citizen

Premier Oscar Mabuyane announced during his state of the province address, which focused heavily on physical infrastructure development and job creation. The SA National Roads Agency Limited (Sanral) has pumped R16.8 billion into major construction ...

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Bankrupt municipality’s R735-million electricity plan

  • 23-02-2021
  • Ground Up

Plans by the Little Karoo municipality of Kannaland to enter into a R735-million, 25-year electricity provision deal with a private company are being challenged in court. The bankrupt municipality has been under administration by the provincial gover...

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GVK-Siya Zama CEO urges construction industry peers to remain positive

  • 22-02-2021
  • Bizcommunity.com

With the R100bn Infrastructure Fund now in full operation, as announced by President Cyril Ramaphosa in his 2021 State of the Nation Address, Eben Meyburgh, CEO at GVK-Siya Zama Building Contractors, believes that the construction industry has the po...

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Number crunching: What Tito’s Budget has in store for us

  • 22-02-2021
  • Daily Maverick

Finance Minister Tito Mboweni will be delivering his 2021/22 Budget to Parliament on Wednesday. No finance minister in the democratic era has done so against a backdrop of such trying circumstances. Ed Stoddard highlights what we can expect, includin...

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“Bridge for my sweetheart” washed away

  • 19-02-2021
  • Ground Up

In June last year, GroundUp wrote about pensioner Amos Khumalo, who used his state pension to build a bridge so that his wife could safely cross a fast flowing stream to Bara taxi rank from Elias Motsoaledi informal settlement in Soweto. All the 6...

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