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SA's budgeted infrastructure spending to play key role in Property Development

THE minister of finance yesterday delivered a good budget from an infrastructure point of view with budgeted spending for public-sector infrastructure totalling R827 billion over the next three years. ... Full story

Expenditure on low-income housing and public transport networks positive news

An ongoing emphasis announced in South Africa’s National Budget in regard to investment in infrastructural development – including transportation networks, as well as education, job creation and housing development is to be welcomed. ... Full story

SA National Budget 2013 reserves R827 billion on Infrastructure

Presenting the National Budget Speech 2013, the Minister of Finance Pravin Gordhan said financing of R827 billion on infrastructure projects over the next three years, to be drawn from the fiscus and state-owned enterprises is in place. ... Full story

Gigaba backs South Africa's Massive Infrastructure Plan

Public Enterprises Minister Malusi Gigaba has defended the government’s Infrastructure plan should not be impacted by the global economic slowdown or derailed by a lack of funding. ... Full story

Infrastructure development to increase SA’s competitiveness in an era of Growth and Globalisation

The Government's infrastructure development efforts will undoubtedly help increase South Africa's competitiveness in an era of increasing globalisation. ... Full story

SA to introduce Nuclear Power to lower Carbon Emissions

Energy Minister Dipuo Peters said on Tuesday that South Africa needs to procure nuclear power which will help lower carbon emissions and diversify energy mix. . ... Full story

Zuma pledges R860 billion on Infrastructure and measures to tackle land reform

Addressing his 2013 State of the Nation Address in Cape Town on Thursday evening, President Jacob Zuma commited R860-billion on new large infrastructure projects, job creation and also announced several new measures to tackle land reform. ... Full story

Eskom's desperate tariff increases may cripple SA's Commercial Property Sector

Eskom is desperately seeking for a total 16% a year tariff hike over the next five years which may cripple South Africa’s commercial property sector already facing increased operating costs. ... Full story

Artisans needed for South Africa's infrastructure development plans

Government plans to spend trillions of Rands on infrastructure development over the next two decades - but will SA have enough artisans to cope with this kind of workload? ... Full story

Electricity and Rates hikes prohibitive on South African Property Sector

The recent proposed electricity increases by the State-owned power utility Eskom could cripple businesses, lead to job losses and higher food prices. ... Full story

Prasa set to introduce electric high speed trains in 2015

In a bid to ease congestion and make better use of public transport, the Passenger Rail Agency of South Africa (Prasa) is set to introduce an electric high speed train fleet in 2015, which will offer faster journey times and greater reliability. ... Full story

Gazetting Infrastructure Bill approved by Cabinet

Cabinet has approved the gazetting of the Infrastructure Development Bill for public comments. ... Full story

Turnaround plan for electricity distribution approved

Major changes are set to kick-off to revive South Africa's aging electricity infrastructure, with Cabinet having approved a grand plan to revamp the system. ... Full story

Gigaba says Eskom tariff hikes necessary

Eskom's request for a 16% tariff increase from the National Energy Regulator of SA (Nersa) was a necessity, said Public Enterprises Minister Malusi Gigaba on Tuesday. ... Full story

South Africa could increase its Nuclear Power output

Cabinet has endorsed the proposed phased decision making approach for the implementation of South Africa's nuclear build with Eskom involved in proceedings, Minister in the Presidency for Performance Monitoring and Evaluation, Collins Chabane said on Thursday. ... Full story

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