RaubexInfra

Establishment of infrastructure fund pro...

Monday, 04 November 2019

Emphasising the importance of driving further infrastructure investment in the country, Finance Minister Tito Mboweni on Wednesday said government had made progress on establishing a blended finance infrastructure fund that would be hosted by the Development Bank of Southern Africa DBSA and led by Dr Sean Phillips.According to the Medium-Term Budget Policy Statement, delivered by the Minister in Parliament, the fund’s implementation unit had been established.The fund is aimed at fast-tracking the development of projects and programmes by drawing on existing capacity in the Presidential Infrastructure Coordinating Commission, the National Treasury, the Government Technical Advisory Centre...

Emphasising the importance of driving further infrastructure investment in the country, Finance Minister Tito Mboweni on Wednesday said government...

Cabinet approves IRP2019

Monday, 04 November 2019

Cabinet on Thursday announced it had approved the promulgation of the Integrated Resource Plan IRP , South Africa's policy blueprint for the electricity sector.The IRP spells out a proposed energy mix for the country until 2030.In a statement, Cabinet said "most of the inputs" from experts in the sector, the public and academia, received during a public consultation process last year were included in the 2019 IRP."The plan proposes nine interventions to ensure the country responds to the energy needs for the next decade. The interventions draw from the current baseline of the demand and supply of the country’s energy and the country’s international obligations to the minimum emission...

Cabinet on Thursday announced it had approved the promulgation of the Integrated Resource Plan IRP , South Africa's policy blueprint for the...

Building, construction activity at crisi...

Wednesday, 16 October 2019

Insufficient demand for building and construction work remains a constraint for the industry and is unlikely to improve notably in the near term, the Construction Industry Development Board cidb says.Its third-quarter SME Confidence Survey, released on Tuesday, shows that the domestic building and construction industry continues to struggle amid tough economic conditions. “Sentiment remained in the doldrums as both general building and civil engineering contractors continued to experience a severe shortage of work. In fact, for some of the subsectors, activity was at its weakest level since the 2008/9 financial crisis,” comments cidb monitoring and evaluation project manager Ntando...

Insufficient demand for building and construction work remains a constraint for the industry and is unlikely to improve notably in the near term, the...

The IRP brings winds of change

Friday, 11 October 2019

With the Integrated Resource Plan IRP due to be finalised and a generous share of the energy mix being set aside for wind power, the winds of change are blowing across the industry in South Africa and into the rest of Africa.Leaders in the industry were upbeat during the final plenary of the annual wind energy conference, the Windaba, held in Cape Town this week. “There’s a sense of excitement in the air. The IRP potentially puts us in a very exciting place for wind energy. It would put South Africa in a pretty strong position on a global scale, up with Mexico and Brazil. It will also create the basis for a wind manufacturing industry,” said Global Wind Energy Council CEO Ben Blackwell.He...

With the Integrated Resource Plan IRP due to be finalised and a generous share of the energy mix being set aside for wind power, the winds of change...