It is nearly universally accepted that good infrastructure has significant benefits for the economy and peoples’ quality of life. South Africa currently has a predicted annual infrastructure spend of US$50bn a year by 2030.

President Cyril Ramaphosa says the financial and operational challenges faced by power utility Eskom are not caused by the Independent Power Producer (IPP) programme.

Tuesday, 05 March 2019 22:17

GDP grows by 1.4% in the fourth quarter

South Africa’s Gross Domestic Product (GDP) soared by 1.4% in the fourth quarter of 2018, Statistics South Africa announced on Tuesday.

Market remains active with new projects announced in 2018 across the hospitality, retail and industrial sectors.

A breakfast event held jointly by the South African Property Owners Association (SAPOA), Women’s Property Network (WPN) and the South African Institute of Black Property Practitioners (SAIBPP) sponsored by Beier Group and the Durban ICC, took place at Durban’s ICC on 13 February 2019.

The Renewable Energy Independent Power Producer Procurement Programme (REIPPP) is making a significant impact on the economy, job creation, community upliftment, economic transformation and climate change.

Levels of building activity in the South African market for new housing remained subdued in 2018, which were much in line with trends since 2010 after the economy emerged from recession in 2008/09.

Wednesday, 20 February 2019 21:41

Sin taxes, levies increase

Government will in the 2019/20 financial year again increase excise duties on alcohol and tobacco in an effort to raise much-needed revenue for the national fiscus, Finance Minister Tito Mboweni said on Wednesday.

No quick fix for SA’s Budget, but there’s some hope….

Wednesday, 20 February 2019 20:01

Government ups the ante on infrastructure

Government’s Infrastructure Fund is set to receive a R100 billion over the next decade as the state steps up its infrastructure programme by partnering with the private sector.

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