abb the global power and automation company announced that it has won contracts worth us$ 44 million from nigerias stateowned national electric power authority nepa for two transmission and distribution projects to upgrade the countrys electrical supply infrastructure this work is critical to the continued
CORRUPTION Watch the recently established civil society watchdog is considering ways to cast an anticorruption spotlight on South Africa’s R850billion infrastructure programme which is being led primarily by stateowned companiesExecutive director David Lewis says the programme which government aims to
seacom has delayed the launch of its undersea data cable by a month after its operations were disrupted by pirate activity deploying the cable in the gulf of aden off the somalian coast took longer than expected seacom said while the deployment in this area has been completed seacom still have to splice
Pretoria – South Africas gross domestic product has rebounded with 25% growth for the second quarter of the yearThis is an improvement from the contraction reported for two consecutive quarters GDP declined 03% in the fourth quarter of 2016 and 07% in the first quarter of 2017Secondquarter data shows
the city of cape town has implemented a number of measures to improve the services provided by its planning and building development management pbdm department and appeals to property owners to assist in ensuring that it can process applications smoothly and quickly the cape town municipality covers
pretoria the development of a black economic empowerment bee policy for the construction industry is without a doubt the most important and pressing issue facing the sector according to craig clarke the newly elected president of the sa association of consulting engineersat a breakfast of the association
labour minister membathisi mdladlana has spoken out strongly against the construction industry saying the sector has completely disregarded the occupational health and safety regulationsthe minister was speaking during the parliamentary media briefing week in cape town todayhe said his department however
Construction work on the integrated port in Dakar Senegal is set to commence at the tail end of 2018 This is according to DP World the UAEbased global marine terminal operatorPort de Futur is aimed at providing seamless movement of cargo to neighbouring countries and also movement of over 200 million
whereas companies within south africa’s construction sector are currently struggling as a result of the country’s strong currency industry experts predict more positive conditions in the longertermconstruction giant aveng on monday issued a profit warning saying its earnings for the six months to december
Budget framework spending programmes over the next three years and economic outlookBudget FrameworkTotal budget revenue R11 trillionTotal budget expenditure R125 trillionBudget deficit of 40% of GDP for 201415 36% in 201516 and 28% in 201617Total debt as percentage of GDP continues to grow Will rise