RaubexInfra

Survey shows market confidence flat amon...

Thursday, 05 April 2018

General building confidence, as measured by the Construction Industry Development Board CIDB SME Business Conditions Survey, was flat at 36 index points in the first quarter of this year.Only Grades 3 and 4 reported lower confidence in line with weaker underlying indicators among general builders in this group.For Grades 5 and 6, as well as Grades 7 and 8, the improvement in the momentum of activity growth helped nudge confidence higher.“It should be noted that, even though one sees positive movements in some of the underlying indicators across the grades, confidence levels remain at depressed levels below long-term averages,” CIDB monitoring and evaluation project manager Ntando Skosana...

General building confidence, as measured by the Construction Industry Development Board CIDB SME Business Conditions Survey, was flat at 36 index...

Drought-stricken South Africa faces wate...

Thursday, 05 April 2018

A new report estimates that South Africa will need to invest about R70.4-billion a year in water infrastructure investment over the next decade to address water scarcity and provide reliable water to all people, businesses and industries in South Africa.The ‘Water 2018 Market Intelligence Report’, released by non-profit organisation Green Cape, on Wednesday, said investment in water infrastructure included the refurbishment and upgrade of existing infrastructure, as well as the development of new infrastructure, to support population and economic growth. “With budgeted funding of only R43.4-billion in 2017 for total water infrastructure, there is a significant [R27-billion] shortfall in...

A new report estimates that South Africa will need to invest about R70.4-billion a year in water infrastructure investment over the next decade to...

S.Africa: Energy Minister welcomes High ...

Wednesday, 04 April 2018

In March, Transform RSA NPC and the National Union of Metal Workers of South Africa NUMSA lodged an urgent application for an order interdicting Eskom from concluding the twenty-seven 27 renewable energy Independent Power Producer Projects IPP including the PPAs with Eskom, pending finalisation of the main application instituted under case no. 42887/2017, the Coal Transporter’s Forum matter. On Thursday, Pretoria High Court Judge Dawie Fourie ruled that the application launched by NUMSA and Transform RSA, was not urgent. The judge accordingly struck the case out of the roll with costs, the Department of Energy DoE said in a statement. "The Department of Energy will continue to vigorously...

In March, Transform RSA NPC and the National Union of Metal Workers of South Africa NUMSA lodged an urgent application for an order interdicting...

Long-delayed renewables IPP agreements t...

Wednesday, 04 April 2018

Energy Minister Jeff Radebe announced on Tuesday that agreements for 27 renewable-energy independent power producer IPP projects, which have been delayed since 2016, will be signed on Wednesday, April 4. The projects have a collective investment value of R55.92 -billion. The Department of Energy DoE said the agreements would include the power purchase agreements PPAs with Eskom. The department said the "milestone" had been reached following a long period of uncertainty, which arose initially after Eskom indicted in early 2016 that it was unwilling to enter into new PPAs with renewables IPPs, having returned to a surplus operating position. The uncertainty was then extended further after the...

Energy Minister Jeff Radebe announced on Tuesday that agreements for 27 renewable-energy independent power producer IPP projects, which have been...