South Africa Infrastructure Development

Parliament passes Infrastructure Development Bill

The National Assembly on Tuesday passed the Infrastructure Development Bill, which is meant to speed up implementation of strategic projects, with only the DA strongly opposing the draft law. ... Full story

Infrastructure Development Bill Introduced

A proposed law meant to fast-track the implementation of the government's infrastructure development plan was introduced in the National Assembly by Economic Development Minister Ebrahim Patel on Wednesday. ... Full story

S.Africa’s R3.4 trillion build programme needs new breed of Funding

As infrastructure development is critically important for South Africa's economic growth‚ it cannot be left for governments and the banks to “go it alone”‚ Mergence Investment Managers portfolio manager Mark van Wyk said last week. ... Full story

Joburg to invest R30 billion on Infrastructure developments

Johannesburg Mayor Parks Tau on Tuesday confirmed that the City of Johannesburg is to spend about R30 billion on infrastructure developments and service delivery in the next three years. ... Full story

SA's Infrastructure programme focusing on Municipal needs

The state announced a R4-trillion infrastructure plan last year, with roll-out expected in the next 15 years. It focuses on improving the economic performance of lower-income provinces, but also intends to leverage the busy trade and service corridors between Gauteng, KwaZulu-Natal and the Western Cape. ... Full story

A plan with political will behind Draft Infrastructure Dev Bill

The Draft Infrastructure Development Bill empowers the Presidential Infrastructure Coordinating Commission (PICC) to determine and develop infrastructure priorities in South Africa, designate Strategic Infrastructure Projects (SIPs) and ensure that infrastructure development in respect of any SIPs is given priority in planning, approval and implementation. ... Full story

2010 World Cup benefits ‘endless’

Almost three years after hosting the 2010 FIFA World Cup, South Africans continue to benefit from the tournament’s legacy projects, SASCOC President Gideon Sam said on Thursday. ... Full story

Education infrastructure projects underway

Higher Education and Training Minister Dr Blade Nzimande says the Strategic Integrated Projects, which relate to higher education infrastructure, are well underway, with these projects expected to produce 65 742 jobs over a three-year period. ... Full story

BRICS summit fits well with SA’s National Development Plan

Leaders of Brazil, Russia, India and China will join President Jacob Zuma in hammering out far-reaching finance issues for the bloc, including the discussion on the formation of a new development bank in Brics countries and other emerging markets. ... Full story

SA's Budgeted Public-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

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